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Housing Affordability in Anchorage, AK
Households that spend 30% or more of income on housing, rent and owner costs compared with income. American Community Survey 2020-2024 5-year estimates.
- Households paying 30%+ for housing
- 31.1%
- Alaska 29.2%
- Renters paying 30%+
- 46.3%
- Alaska 44.6%
- Homeowners paying 30%+
- 22.9%
- Alaska 22.2%
- Owner costs with a mortgage
- $2,400/mo
- Alaska $2,229/mo
Housing costs compared with income
- Renters paying 30% or more17,23146.3%
- Homeowners paying 30% or more15,80322.9%
- Renters paying 50% or more7,71720.7%
- Median rent as a share of income: 28.5%
- Median owner costs as a share of income, with a mortgage: 21.6%
- Median owner costs without a mortgage: $901/mo
- Median home value divided by median household income: 3.8
How it compares
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| Area | Households paying 30%+ for housing | Renters 30%+ | Owners 30%+ | Median rent as % of income |
|---|---|---|---|---|
| Anchorage, AK | 31.1% | 46.3% | 22.9% | 28.5% |
| Anchorage Municipality | 31.1% | 46.3% | 22.9% | 28.5% |
| Alaska | 29.2% | 44.6% | 22.2% | 27.7% |
| United States | 32.2% | 51.1% | 22.7% | 30.6% |
Frequently asked questions
- What is the housing cost burden in Anchorage, AK?
- In Anchorage, AK, 31.1% of households spend 30% or more of their income on housing costs.
- How does Anchorage compare with Alaska?
- The households paying 30%+ for housing in Anchorage is 31.1%, compared with 29.2% for Alaska as a whole.
Source: U.S. Census Bureau, American Community Survey · 2020-2024 5-year estimates