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Anchorage municipality, AK

ZIP Code 99587 — Anchorage municipality, AK Demographics & Data

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Wealthy AreaLow Snow AreaRemote Work Hub

Map, Quick Facts & Location

Quick Facts

Local time
Population
1,857
Median Income
$154,414
+105% vs US avg
Home Value
$672,100
+93% vs US avg
Median Rent
$964
-17% vs US avg
Median Age
52.2 yrs
+34% vs US avg
Area Code
Congress
Top Ancestry
IrishGermanEnglish
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Location
Coordinates
60.9658, -148.8766
Elevation
272 ft
Land Area
242.4 sq mi
Water Area
7.7 sq mi (3% water)

At a glance

Population
1,857
Density
N/A
Median income
$154,414
+105% vs US avg
Home value
$672,100
+93% vs US avg
Median rent
$964
-17% vs US avg
Timezone

Overview of ZIP Code 99587

AffluentHigh-income residential area
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What to know about ZIP 99587

ZIP code 99587 covers Anchorage, AK in Anchorage Municipality with a population of about 1,857.

At a glance, the area shows median age of 52.2 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: Affluent

Anchorage, AK ranks among higher-income / higher-home-value communities on US5 (very high median household income (~$154,414)). Searchers often dig into housing affordability stretch, private schools, and neighborhood comparisons rather than entry-level rentals.

Income and economy in Anchorage, AK

Median household income in ZIP 99587 is about $154,414 — about 105% above the U.S. median ($75,149).

On socioeconomic markers, US5 shows a poverty rate of 7.3%; unemployment rate near 5.0%; 44.2% of adults with a bachelor’s degree or higher (about 10.5 points above the national share (33.7%)).

Labor and commute patterns include leading industry context around Construction, Professional services, and Food services; about 22.6% of workers reporting work-from-home (about 7.4 points above 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 99587

Median home value is about $672,100 — about 93% above the U.S. median home value ($348,079).

Housing tenure and rents show median gross rent around $964 (about 17% below the U.S. median rent ($1,163)), and owner-occupancy near 75.8% (about 10.4 points above the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 99587 in Anchorage, AK, a household would need roughly $185,000 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 $4,317. That is about 20% above the local median household income ($154,414), so the median earner would likely stretch or need a larger down payment. 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 70.9 inches of annual precipitation.

IRS migration statistics show a net inflow of about 74 for ZIP 99587 (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 (36.5 miles (58.8 km)) · Alaska Pacific University (34.7 miles (55.8 km)) · Alaska Public Lands (38.2 miles (61.5 km)) · VA: Fort Richardson National Cemetery (34.0 miles (54.7 km))

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