| ZIP Code | 99508 |
|---|---|
| City | Anchorage |
| State | Alaska (AK) |
| County | Anchorage Municipality County |
| Area Code | 907 |
| Elevation | 142 ft |
| Latitude | 61.2014 |
|---|---|
| Longitude | -149.817502 |
| Timezone | Anchorage (DST) |
| FIPS | 02020 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 32.3 yrs ↑ 4% since 2019 |
|---|---|
| Avg Household Size | 2.79 |
| Below Poverty | 19.8% ▲ 98% above avg |
| College Grads | 36.1% ≈ Avg |
| Unemployment | 6.4% ▲ 31% above avg |
| No HS Diploma | 601 (2.9%) |
| HS Graduate | 6,175 (29.5%) |
| Some College | 2,764 (13.2%) |
| Associates | 3,816 (18.3%) |
| Bachelors | 1,729 (8.3%) |
| Graduate Degree | 5,812 (27.8%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $72,751 ≈ Avg ↑ 13% since 2019 |
|---|---|
| Median Home Value | $309,400 ▲ 11% above avg ↑ 23% since 2019 |
| Home/Income Ratio | 4.3x (nat avg ~3.5x) |
| Median Rent | $1,353/mo ↑ 18% since 2019 |
| Total Units | 14,219 |
| Vacant Units | 1,596 |
| Avg HH Size | 2.79 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 14,219 |
|---|---|
| Vacant | 1,596 |
| Owner Occupied | 51.6% |
| Renter Occupied | 48.4% |
| Avg HH Size | 2.79 |
ZIP code 99508 is located in Anchorage, Alaska, within Anchorage Municipality County. With a population of 36,660, this is a highly populated ZIP code with a relatively young community — the median age is 32.3 years. Economically, 99508 is a solidly middle-class ZIP code: the median household income of $72,751 is near the national average.
Real estate in ZIP code 99508 represents a mid-range housing market. The median home value of $309,400 is near the national average. Renters can expect to pay around $1,353 per month in median rent. The area has a relatively balanced mix of owners (51.6%) and renters (48.4%). Median home values have increased by 23% since 2019.
The population of 99508 is racially diverse, with White as the largest group at 38.3%. Residents are moderately educated — 36.1% hold a bachelor's degree or higher, which is near the national average. Poverty affects some residents at 19.8%. Household income has grown by 13% since 2019.
The unemployment rate in 99508 stands at 6.4%, which is above the national average. As in most parts of the country, driving alone is the dominant commute mode at 66%.
Overall, ZIP code 99508 in Anchorage, AK is characterized as solidly middle-class, moderately educated, and a relatively young community. With 36,660 residents, a median household income of $72,751, and a median home value of $309,400, it offers a clear picture of life in this part of Alaska.