ZIP Code 99516 — Anchorage municipality, AK Demographics & Data

ZIP code 99516 covers Anchorage, AK in Anchorage Municipality with a population of about 21,208.

At a glance, the area shows median age of 40.9 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.

Anchorage, AK ranks among higher-income / higher-home-value communities on US5 (very high median household income (~$160,341)). Searchers often dig into housing affordability stretch, private schools, and neighborhood comparisons rather than entry-level rentals.

Median household income in ZIP 99516 is about $160,341 — about 113% above the U.S. median ($75,149).

On socioeconomic markers, US5 shows a poverty rate of 3.9%; unemployment rate near 3.8%; 55.6% of adults with a bachelor’s degree or higher (about 21.9 points above the national share (33.7%)).

Labor and commute patterns include leading industry context around Healthcare, Public administration, and Retail trade; about 15.3% of workers reporting work-from-home (roughly in line with 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 $576,600 — about 66% above the U.S. median home value ($348,079).

Housing tenure and rents show median gross rent around $1,169 (about even with the U.S. median rent ($1,163)), and owner-occupancy near 89.4% (about 24.0 points above the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 99516 in Anchorage, AK, a household would need roughly $159,000 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 $3,704. That is roughly in line with the local median household income ($160,341). 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 26.0 inches of annual precipitation.

IRS migration statistics show a net inflow of about 844 for ZIP 99516 (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.