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Anchorage, AK Metro Area&

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Population
402,557
0.69% growth
Median Age
33.3
Median Household Income
$82,203
5.07% growth
Poverty Rate
7.17%
Number of Employees
197,928
2.28% growth
Median Property Value
$299,700
5.9% growth

Economy

The economy of Anchorage, AK Metro Area employs 197,928 people. The economy of Anchorage, AK Metro Area is specialized in Mining, Quarrying, Oil, Gas Extraction; Management of Companies & Enterprises; and Public Admin., which employ respectively 6.75; 3.09; and 2.33 times more people than what would be expected in a location of this size. The largest industries in Anchorage, AK Metro Area are Healthcare & Social Assistance (32,670), Retail trade (22,975), and Public Admin. (21,070), and the highest paying industries are Management of Companies & Enterprises ($100,122), Mining, Quarrying, Oil, Gas Extraction ($87,079), and Utilities ($80,060).

Median household income in Anchorage, AK Metro Area is $82,203. Males in Anchorage, AK Metro Area have an average income that is 1.47 times higher than the average income of females, which is $45,491. The income inequality of Anchorage, AK Metro Area (measured using the Gini index) is 0.42 which is lower than the national average.

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Health & Safety

Insurance and Medicare coverage combined with state and county level health and safety statistics for Anchorage, AK Metro Area. In Alaska the age groups most likely to have health care coverage are 6-17 and 6-17, men and women, respectively. The location has a 1 to 86 primary care clinician to patient ratio and a Medicare reimbursement average per patient per year of $6,970. Bethel Census Area, AK has the highest prevalence of homicides of any county in Alaska.

Coverage

Clinician to Patient Rates

The closest comparable data for the metropolitan statistical area of Anchorage, AK Metro Area is from the state of Alaska.

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Diversity

Anchorage, AK Metro Area is home to a population of 402,557 people, from which 97.2% are citizens. The ethnic composition of the population of Anchorage, AK Metro Area is composed of 257,264 White residents (63.9%), 34,569 Two+ residents (8.59%), 31,890 Hispanic residents (7.92%), 27,270 Asian residents (6.77%), and 27,230 Native residents (6.76%). The most common foreign languages in Anchorage, AK Metro Area are Spanish (15,478 speakers), Tagalog (8,820 speakers), and Other Native North American (4,693 speakers), but compared to other places, Anchorage, AK Metro Area has a relative high number of Other Native North American (4,693 speakers), Hmong (3,529 speakers), and Other Pacific Island (4,608 speakers).

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Education

In 2015 universities in Anchorage, AK Metro Area awarded 4,741 degrees. The student population of Anchorage, AK Metro Area is skewed towards females, with 1,620 male students and 3,121 female students. Most students in Anchorage, AK Metro Area are White (2,753 and 58.1%), followed by Hispanic or Latino (736 and 15.5%), Two or more races (289 and 6.1%), and Asian (245 and 5.17%). The largest universities in Anchorage, AK Metro Area by number of graduates are University of Alaska Anchorage (2,561 and 54%), Charter College-Anchorage (1,656 and 34.9%), and Alaska Career College (349 and 7.36%). The most popular majors in Anchorage, AK Metro Area are Medical Assistant (668 and 14.1%), Dental Assisting (268 and 5.65%), and HVAC Maintenance (142 and 3%). The median tuition costs in Anchorage, AK Metro Area are $19,900 for private four year colleges, and $5,936 and $19,628 respectively, for public four year colleges for in-state students and out-of-state students.

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Housing & Living

The median property value in Anchorage, AK Metro Area is $299,700, which is 1.46 times larger than the national average of $205,000. Between 2015 and 2016 the median property value increased from $283,000 to $299,700, a 5.9% increase. The homeownership rate of Anchorage, AK Metro Area is 64.5%, which is higher than the national average of 63.1%. People in Anchorage, AK Metro Area have an average commute time of 19.7 minutes, and they commute by Drove Alone. Car ownership in Anchorage, AK Metro Area is approximately the same as the national average, with an average of 2 cars per household.

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