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Anchorage municipality, AK

ZIP Code 99504 — 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
41,684
Median Income
$83,338
+11% vs US avg
Home Value
$309,200
-11% vs US avg
Median Rent
$1,403
+21% vs US avg
Median Age
34.6 yrs
-11% vs US avg
Area Code
Congress
Top Ancestry
GermanEnglishIrish
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Location
Coordinates
61.2046, -149.7461
Elevation
258 ft
Land Area
6.4 sq mi
Water Area
0.0 sq mi (1% water)

At a glance

Population
41,684
Density
N/A
Median income
$83,338
+11% vs US avg
Home value
$309,200
-11% vs US avg
Median rent
$1,403
+21% vs US avg
Timezone

Overview of ZIP Code 99504

UniversityUniversity / college area
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What to know about ZIP 99504

ZIP code 99504 covers Anchorage, AK in Anchorage Municipality with a population of about 41,684.

At a glance, the area shows median age of 34.6 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 pacific university (2.1 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 99504 is about $83,338 — about 11% above the U.S. median ($75,149).

On socioeconomic markers, US5 shows a poverty rate of 8.3%; unemployment rate near 6.0%; 30.6% of adults with a bachelor’s degree or higher (about 3.1 points below the national share (33.7%)).

Labor and commute patterns include leading industry context around Healthcare, Public administration, and Retail trade; about 9.7% of workers reporting work-from-home (about 5.5 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 99504

Median home value is about $309,200 — about 11% below the U.S. median home value ($348,079).

Housing tenure and rents show median gross rent around $1,403 (about 21% above the U.S. median rent ($1,163)), and owner-occupancy near 67.0% (about 1.5 points above the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 99504 in Anchorage, AK, a household would need roughly $85,000 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 $1,986. That is roughly in line with the local median household income ($83,338). 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 17.8 inches of annual precipitation.

IRS migration statistics show a net inflow of about 1,658 for ZIP 99504 (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 MRI (3.3 miles (5.3 km)) · Alaska Pacific University (2.1 miles (3.5 km)) · Alaska Public Lands (5.0 miles (8.1 km)) · VA: Alaska VA Healthcare System (1.9 miles (3.1 km))

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