ZIP Code 99502 — Anchorage municipality, AK Demographics & Data

ZIP code 99502 covers Anchorage, AK in Anchorage Municipality with a population of about 26,110.

At a glance, the area shows median age of 34.4 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.

Median household income in ZIP 99502 is about $118,494 — about 58% above the U.S. median ($75,149).

On socioeconomic markers, US5 shows a poverty rate of 5.2%; unemployment rate near 4.4%; 37.5% of adults with a bachelor’s degree or higher (about 3.8 points above the national share (33.7%)).

Labor and commute patterns include leading industry context around Healthcare, Transportation, and Retail trade; about 11.1% of workers reporting work-from-home (about 4.1 points below the U.S. share (15.2%)); a mean commute of about 180.0 minutes (U.S. average near 26.8).

Median home value is about $408,000 — about 17% above the U.S. median home value ($348,079).

Housing tenure and rents show median gross rent around $1,475 (about 27% above the U.S. median rent ($1,163)), and owner-occupancy near 73.4% (about 8.0 points above the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 99502 in Anchorage, AK, a household would need roughly $112,000 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 $2,621. That is roughly in line with the local median household income ($118,494). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Climate normals for Anchorage municipality, AK show little to no average snow and around 17.6 inches of annual precipitation.

IRS migration statistics show a net inflow of about 1,039 for ZIP 99502 (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.