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Anchorage municipality, AK

ZIP Code 99518 — Anchorage municipality, AK Demographics & Data

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Map, Quick Facts & Location

Quick Facts

Local time
Population
9,837
Median Income
$91,077
+21% vs US avg
Home Value
$297,900
-14% vs US avg
Median Rent
$1,611
+39% vs US avg
Median Age
32.1 yrs
-17% vs US avg
Area Code
Congress
Top Ancestry
GermanEnglishIrish
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Location
Coordinates
61.1596, -149.8848
Elevation
90 ft
Land Area
3.8 sq mi
Water Area
0.0 sq mi

At a glance

Population
9,837
Density
N/A
Median income
$91,077
+21% vs US avg
Home value
$297,900
-14% vs US avg
Median rent
$1,611
+39% vs US avg
Timezone

Overview of ZIP Code 99518

UniversityUniversity / college area
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What to know about ZIP 99518

ZIP code 99518 covers Anchorage, AK in Anchorage Municipality with a population of about 9,837.

At a glance, the area shows median age of 32.1 versus a U.S. median of about 38.9.

It sits in telephone area code 907; U.S. House district AK-00; the ANCHORAGE media market.

Local search focus: University

Anchorage, AK sits in a university / college context (near alaska career college (1.8 mi)). Expect stronger interest in student housing, rentals, walkability, transit, and a younger adult age mix versus typical suburban ZIPs.

Income and economy in Anchorage, AK

Median household income in ZIP 99518 is about $91,077 — about 21% above the U.S. median ($75,149).

On socioeconomic markers, US5 shows a poverty rate of 10.7%; unemployment rate near 1.8%; 31.9% of adults with a bachelor’s degree or higher (about 1.8 points below the national share (33.7%)).

Labor and commute patterns include leading industry context around Retail trade, Public administration, and Food services; about 7.6% of workers reporting work-from-home (about 7.6 points below the U.S. share (15.2%)); a mean commute of about 180.0 minutes (U.S. average near 26.8).

Housing and affordability in ZIP 99518

Median home value is about $297,900 — about 14% below the U.S. median home value ($348,079).

Housing tenure and rents show median gross rent around $1,611 (about 39% above the U.S. median rent ($1,163)), and owner-occupancy near 62.7% (about 2.7 points below the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 99518 in Anchorage, AK, a household would need roughly $82,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,914. That is roughly in line with the local median household income ($91,077). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Climate risk and migration signals

Climate normals for Anchorage municipality, AK show little to no average snow and around 15.0 inches of annual precipitation.

IRS migration statistics show a net inflow of about 391 for ZIP 99518 (Anchorage municipality, AK) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.

Nearby (from this ZIP)

Airport ANC (3.8 miles (6.2 km)) · Alaska Career College (1.8 miles (2.8 km)) · Alaska Public Lands (4.1 miles (6.6 km)) · VA: Anchorage Vet Center (1.4 miles (2.3 km))

Full lists and map pins are in the Infrastructure section below.