| ZIP Code | 99516 |
|---|---|
| City | Anchorage |
| State | Alaska (AK) |
| County | Anchorage Municipality County |
| Area Code | 907 |
| Elevation | 2,020 ft |
| Latitude | 61.079332 |
|---|---|
| Longitude | -149.709777 |
| Timezone | Anchorage (DST) |
| FIPS | 02020 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 40.9 yrs ↓ 3% since 2019 |
|---|---|
| Avg Household Size | 2.92 |
| Below Poverty | 3.8% ▼ 62% below avg |
| College Grads | 61.7% ▲ 59% above avg |
| Unemployment | 3.7% ▼ 24% below avg |
| No HS Diploma | 136 (1%) |
| HS Graduate | 2,052 (14.9%) |
| Some College | 1,439 (10.5%) |
| Associates | 1,649 (12%) |
| Bachelors | 919 (6.7%) |
| Graduate Degree | 7,561 (55%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $160,341 ▲ 110% above avg ↑ 3% since 2019 |
|---|---|
| Median Home Value | $576,600 ▲ 107% above avg ↑ 24% since 2019 |
| Home/Income Ratio | 3.6x (nat avg ~3.5x) |
| Median Rent | $1,284/mo ↓ 39% since 2019 |
| Total Units | 7,544 |
| Vacant Units | 309 |
| Avg HH Size | 2.92 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 7,544 |
|---|---|
| Vacant | 309 |
| Owner Occupied | 89.4% |
| Renter Occupied | 10.6% |
| Avg HH Size | 2.92 |
ZIP code 99516 is located in Anchorage, Alaska, within Anchorage Municipality County. With a population of 21,208, this is a moderately populated ZIP code with a middle-aged community — the median age is 40.9 years. Economically, 99516 is a affluent ZIP code: the median household income of $160,341 is more than double the national average.
Real estate in ZIP code 99516 represents a premium housing market. The median home value of $576,600 is more than double the national average. Renters can expect to pay around $1,284 per month in median rent. Homeownership is strong here — 89.4% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 24% since 2019.
The population of 99516 is primarily White (72.00%). Residents are highly educated — 61.7% hold a bachelor's degree or higher, which is significantly above the national average. Poverty affects a relatively small share of residents at 3.8%. Household income has grown by 3% since 2019.
The unemployment rate in 99516 stands at 3.7%, which is below the national average. About 15% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 74%.
Overall, ZIP code 99516 in Anchorage, AK is characterized as affluent, highly educated, a middle-aged community, and predominantly owner-occupied. With 21,208 residents, a median household income of $160,341, and a median home value of $576,600, it offers a clear picture of life in this part of Alaska.