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Data updated 2026-10-07

ZIP Code 99516 · Anchorage, AK

Anchorage Municipality · pop 21,500 · ACS 2020–2024

The median household income in ZIP Code 99516 (Anchorage, AK) is $173,984, the highest of 64 ZIP Codes in Alaska.

Its FHFA home price index changed +34.2% over the five years to 2025.

01 — Where it stands

$173,984
Median household income
± $20,784 MOE
$607,200
Median home value
± $26,753 MOE
$1,314
Median gross rent
4.4%
Poverty rate
Percentiles for ZIP Code 99516 within Anchorage Municipality, Alaska and the U.S.
MeasureValueCounty percentileState percentileU.S. percentile
Median household income$173,984 ± $20,784100th percentile (16 ZIP Codes compared)100th percentile (64 ZIP Codes compared)97th percentile (22,922 ZIP Codes compared)
Per capita income$75,46786th percentile (16 ZIP Codes compared)96th percentile (64 ZIP Codes compared)94th percentile (22,922 ZIP Codes compared)
Poverty rate4.4%6th percentile (16 ZIP Codes compared)9th percentile (64 ZIP Codes compared)10th percentile (22,922 ZIP Codes compared)
Adults with a bachelor’s degree or higher58.3%100th percentile (16 ZIP Codes compared)100th percentile (64 ZIP Codes compared)91st percentile (22,922 ZIP Codes compared)
Owner-occupied homes90.6%100th percentile (16 ZIP Codes compared)96th percentile (64 ZIP Codes compared)91st percentile (22,922 ZIP Codes compared)
Housing vacancy rate4.8%26th percentile (16 ZIP Codes compared)6th percentile (64 ZIP Codes compared)22nd percentile (22,922 ZIP Codes compared)
Median home value$607,200 ± $26,75392nd percentile (14 ZIP Codes compared)98th percentile (61 ZIP Codes compared)89th percentile (22,833 ZIP Codes compared)
Median gross rent$1,31420th percentile (16 ZIP Codes compared)44th percentile (64 ZIP Codes compared)66th percentile (22,865 ZIP Codes compared)
Income inequality (Gini index)0.40546th percentile (16 ZIP Codes compared)44th percentile (64 ZIP Codes compared)32nd percentile (22,922 ZIP Codes compared)
Average adjusted gross income per return$176,259100th percentile (14 ZIP Codes compared)100th percentile (46 ZIP Codes compared)94th percentile (22,230 ZIP Codes compared)
Returns with AGI of $200,000 or more26.2%100th percentile (14 ZIP Codes compared)100th percentile (46 ZIP Codes compared)96th percentile (22,230 ZIP Codes compared)
Home price index, 5-year change+34.2%75th percentile (13 ZIP Codes compared)44th percentile (35 ZIP Codes compared)14th percentile (18,843 ZIP Codes compared)
Business establishments per 1,000 residents16.026th percentile (16 ZIP Codes compared)26th percentile (64 ZIP Codes compared)36th percentile (22,700 ZIP Codes compared)
Average annual pay per employee$74,65373rd percentile (16 ZIP Codes compared)74th percentile (64 ZIP Codes compared)91st percentile (22,551 ZIP Codes compared)

Percentile groups: Anchorage Municipality · Alaska · U.S. Hover a percentile for the number of ZIP Codes compared. MOE = 90% margin of error.

02 — Home prices

+2.5%
1-year change
2024–2025
+34.2%
5-year change
2020–2025
+39.9%
10-year change
2015–2025

Home price index — ZIP Code 99516

Home price index, ZIP Code 99516, 2000–2025Line chart of the annual home price index: 100.0 in 2000 and 252.3 in 2025. Every value is listed in the data table below the chart.100150200250300200020052010201520202025252.3

FHFA ZIP Code index (2000 = 100) — annual, developmental, not seasonally adjusted.

Data table
Home price index by year, ZIP Code 99516
YearIndexAnnual change
2000100.0+1.7%
2001106.4+6.4%
2002113.1+6.2%
2003117.0+3.5%
2004131.2+12.1%
2005151.4+15.4%
2006165.8+9.5%
2007167.8+1.2%
2008168.3+0.3%
2009165.9−1.5%
2010165.3−0.3%
2011165.1−0.2%
2012164.6−0.3%
2013169.5+3.0%
2014175.4+3.5%
2015180.4+2.8%
2016181.4+0.6%
2017181.40.0%
2018181.30.0%
2019186.6+2.9%
2020188.0+0.8%
2021198.5+5.6%
2022218.3+10.0%
2023233.1+6.8%
2024246.0+5.5%
2025252.3+2.5%

03 — Nearby ZIP Codes

ZIP Code 99516 and nearby ZIP Codes
ZIPPlaceDistanceMedian household incomeMedian home valuePoverty rate5-yr HPI change
99516Anchorage, AKthis ZIP Code$173,984$607,2004.4%+34.2%
99507Anchorage, AK4.0 mi$107,992$384,1006.8%+37.3%
99515Anchorage, AK6.5 mi$113,995$427,5006.8%+32.9%
99518Anchorage, AK8.1 mi$93,995$323,4007.8%+33.1%
99504Anchorage, AK8.4 mi$86,710$314,0007.6%+32.4%
99508Anchorage, AK9.2 mi$79,314$335,30018.3%+30.1%
99517Anchorage, AK10.8 mi$103,880$402,1009.7%+29.3%

Up to six nearest ZIP Code Tabulation Areas within 30 miles, by straight-line distance between Census center points (2024 Gazetteer).

04 — Business mix

344
Establishments
1,158
Employees
$86.4M
Annual payroll
$74,653
Average pay per employee
Establishments by sector, ZIP Code 99516
SectorEstablishmentsShare of ZIPU.S. shareRelative concentration
Construction9427.3%9.6%2.8×
Professional, scientific & technical services6920.1%11.7%1.7×
Health care & social assistance4713.7%11.9%1.1×
Administrative & support services277.8%5.3%1.5×
Other services236.7%9.5%0.7×
Real estate & rental226.4%5.5%1.2×
Arts, entertainment & recreation133.8%1.9%2.0×
Wholesale trade102.9%4.4%0.7×
Accommodation & food services102.9%9.3%0.3×
Retail trade82.3%12.4%0.2×
All other sectors154.4%9.0%0.5×

Counts are establishments (business locations), not jobs. Relative concentration = the sector’s share of establishments here divided by its share in the U.S. (1.0× = the same share). Average pay is shown only where at least 20 employees are reported. ZIP Code Business Patterns 2023.

05 — About this data

How percentiles are calculated

Percentiles compare this ZIP Code with other ZIP Codes in the same county, the same state and the whole country. Only ZIP Codes with their own American Community Survey estimate, a population of at least 1,000 and a published median household income are compared, and only those with a value for the measure. A percentile of 64th means the value is higher than 64% of the other ZIP Codes in that group (0 is the lowest value, 100 the highest); it describes the size of a number, not a judgment about the area. County and state percentiles are left blank when the group has fewer than 5 ZIP Codes. The number of ZIP Codes compared is shown with each percentile.

Census figures are published for ZIP Code Tabulation Areas, which approximate USPS ZIP Code delivery areas; values shown as — are not published or are suppressed by the source.

Use of this page

Area statistics only. These figures describe a ZIP Code area — not any person or household — and do not rate the area or the people who live there. CoverFi is not a consumer reporting agency; do not use this page to make decisions about credit, insurance, employment or housing.

Sources

  1. U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates, ZIP Code Tabulation Areas. Estimates are survey-based and have margins of error.
  2. U.S. Census Bureau, ZIP Code Business Patterns 2023 (establishment counts by NAICS sector; employment and payroll totals).
  3. Federal Housing Finance Agency, House Price Index for five-digit ZIP Codes, census tracts and counties — annual, developmental, not seasonally adjusted.
  4. IRS Statistics of Income, Individual Income Tax ZIP Code Data, tax year 2022.
  5. U.S. Census Bureau, 2024 Gazetteer Files (ZCTA locations, used for nearby ZIP Codes).
  6. HUD USPS ZIP Code Crosswalk Files (ZIP-to-tract and ZIP-to-county assignment).

This product uses Census Bureau data but is not endorsed or certified by the Census Bureau. This product uses the HUD User Data API but is not endorsed or certified by HUD User. ZIP Code Tabulation Areas are Census approximations of USPS ZIP Code delivery areas and may not match them exactly. ZIP Code is a trademark of the United States Postal Service.