ExecutivePulse
Official Federal Data

Anchorage Municipality, Alaska

FIPS 02020 · Anchorage, AK · Population 288,976
9 Sources Updated June 22, 2026
$103,284
Median Income
$80,734 national
3.9%
Unemployment
4% national
$32.1B
GDP
38.7%
Bachelor's+
35.7% national

Demographics & Population

Census Bureau American Community Survey 2020-2024 · 5-Year Estimates

Household Income

Source: U.S. Census Bureau · American Community Survey 2020-2024 5-Year Estimates
Median Household
$103,284
Per Capita
$51,144
Mean Household
$132,200
Poverty Rate
8.9%
Median Income Comparison
Anchorage Municipality$103,284
Alaska$92,788
National$80,734

Population Profile

Source: Census Bureau ACS 2020-2024 · Tables B01001, B02001, B03003
65+: 12.9% (37,183 residents) 55-64: 11.4% (32,877 residents) 35-54: 26% (75,175 residents) 18-34: 26.2% (75,744 residents) Under 18: 23.5% (67,997 residents) 35 Median Age
Cohorts
Under 18 · 23.5%
18-34 · 26.2%
35-54 · 26%
55-64 · 11.4%
65+ · 12.9%
Race & Ethnicity
White56.8%
Black or African American5%
Asian10%
Hispanic or Latino(any race)9.5%
Hispanic or Latino is an ethnic category and overlaps with the race categories above.

Educational Attainment

Source: Census Bureau ACS 2020-2024 · Table B15003 · Population 25+
94.1%
High School+
National: 89.6%
▲ +4.5 pts
38.7%
Bachelor's+
National: 35.7%
▲ +3.0 pts
14.9%
Graduate+
National: 14.1%
▲ +0.8 pts

Employment Overview

Source: U.S. Census Bureau · American Community Survey 2020-2024 5-Year Estimates
288,976
Population
159,048
Labor Force
Employed
141,618
Unemployment Rate BLS LAUS 2025 annual
3.9% ▲ +0.1 pts YoY
Mean Commute 8 min below national avg
18.8 min
Work From Home vs 15.1% national
10.9%
Key Takeaways
  • Income premium: Households earn well above the national median, supporting strong retail and housing markets.
  • Young population: Median age of 35 is materially below the U.S. norm, a workforce pipeline asset.

Economy & Industry

Bureau of Labor Statistics QCEW · Bureau of Economic Analysis

$32.1B
Gross Domestic Product · 2024
Source: Bureau of Economic Analysis · CAGDP1 Regional GDP

Top Industries by Employment

Source: Bureau of Labor Statistics · Quarterly Census of Employment & Wages 2025 Annual
Top industries by employment in Anchorage Municipality, Alaska, with employment, share of top sectors, and average wage
IndustryEmploymentShare of Top 10Avg Wage
1Health Care and Social Assistance
26,811 25.1%
$75,731
2Retail Trade
15,048 14.1%
$45,404
3Accommodation and Food Services
14,336 13.4%
$35,538
4Transportation and Warehousing
13,276 12.4%
$99,288
5Professional, Scientific, and Technical Services
8,754 8.2%
$102,823
6Construction
8,629 8.1%
$112,946
7Administrative and Support and Waste Management
6,609 6.2%
$60,285
8Other Services (except Public Administration)
4,959 4.6%
$57,025
9Wholesale Trade
4,654 4.4%
$78,299
10Finance and Insurance
3,735 3.5%
$100,891
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Key Takeaways
  • Largest sector: Health Care and Social Assistance employs 26,811 workers (25.1% of tracked sectors), at an average wage of $75,731.
  • Economic scale: Regional GDP of $32.1B (2024).
  • Wage stratification: Construction averages $112,946 while Accommodation and Food Services averages $35,538, a 3.2x spread in the same local economy, with implications for workforce development and talent strategy.
Source: BLS QCEW + BEA Regional GDP.
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Industry Concentration

Location Quotient measures regional specialization vs. national average. LQ > 1.0 = concentrated.

Location Quotient Analysis

Concentrated Industries
Source: BLS QCEW · 3-digit NAICS sub-sector · Location Quotient vs. national employment share
Same source as the Top Industries table above, sub-sector view surfaces the specialization the supersector view masks (e.g., Plastics & Rubber Manufacturing inside the Manufacturing supersector).
Scenic and Sightseeing Transportation
18.49x
533
Oil and Gas Extraction
10.62x
1,184
Air Transportation
7.57x
4,130
Water Transportation
5.95x
389
Telecommunications
3.28x
1,859
Couriers and Messengers
3.13x
3,354
Support Activities for Transportation
2.70x
2,111
Heavy and Civil Engineering Construction
2.22x
2,510
Support Activities for Mining
2.06x
523
Waste Management and Remediation Services
1.81x
895

Cluster Depth

Source: BLS QCEW · Sub-sectors with LQ ≥ 1.5 indicate genuine cluster concentration
Dominant Cluster
Transportation & Warehousing Cluster
Coherent grouping of concentrated sub-sectors, signals supply-chain fit for site selectors
10,517
Cluster Employment
18.49x
Peak LQ
Concentrated Sub-Sectors
Scenic and Sightseeing Transportation
18.49x 533
Oil and Gas Extraction
10.62x 1,184
Air Transportation
7.57x 4,130
Water Transportation
5.95x 389
Telecommunications
3.28x 1,859
Couriers and Messengers
3.13x 3,354
Support Activities for Transportation
2.70x 2,111
Heavy and Civil Engineering Construction
2.22x 2,510
Support Activities for Mining
2.06x 523
Waste Management and Remediation Services
1.81x 895

Attraction Opportunities

LQ < 0.5 with ≥ 50 employed, realistic diversification targets. Source: BLS QCEW
0.12x
Computer and Electronic Product Manufacturing
117 employed
0.14x
Fabricated Metal Product Manufacturing
197 employed
0.15x
Publishing Industries and Telecommunications
132 employed
0.20x
Furniture and Related Product Manufacturing
64 employed
0.23x
Miscellaneous Manufacturing
136 employed
Key Takeaways
  • Top specialization: Scenic and Sightseeing Transportation concentrates at 18.49x the national norm, top-decile concentration, the kind of signature sector that defines a region's economic identity to site selectors.
  • Cluster depth: 10 sub-sectors register LQ ≥ 1.5, suggesting an interconnected industrial base rather than reliance on a single employer or sector.
  • Attraction whitespace: 8 sub-sectors register LQ < 0.5, candidates for diversification or recruitment depending on labor-market fit.
Source: BLS QCEW sub-sector Location Quotients.
Anchorage Municipality's Top Sectors by Workforce Share
Each rectangle's area is proportional to that sector's share of total private-sector employment across all NAICS supersectors. Hover for exact employment.
Source: Bureau of Labor Statistics QCEW 2025 Annual · Private sector, NAICS supersectors

Housing & Affordability

Census ACS · HUD Fair Market Rents FY2026

Housing Overview

Source: Census Bureau ACS 2020-2024 5-Year Estimates · Tables B25001, B25077, B25064
$395,900
Median Home Value vs 2019
$1,489
Rent/Mo
63.9%
Owner-Occ
9.8%
Vacancy
3.8x
Home Value to Income Ratio
vs. ~4.1x national average

HUD Fair Market Rents

Source: HUD · Fair Market Rents FY2026
Studio
$1,152/mo
1 Bedroom
$1,243/mo
2 Bedroom
$1,631/mo
3 Bedroom
$2,268/mo
4 Bedroom
$2,736/mo
30% of monthly median household income (~$2,582/mo) · rents above this line are typically considered cost-burdened.
Key Takeaways
  • In line with national: Home value to income ratio of 3.8x sits near the ~4.1x national average; affordability is neither a clear advantage nor a recruitment friction.
  • Affordable rent tiers: 4 of 5 HUD Fair Market Rent bedroom tiers sit below the 30%-of-median-income affordability threshold (~$2,582/mo).
Source: Census ACS housing tables + HUD Fair Market Rents.

Workforce Pipeline

Labor force readiness, commuting, and workforce composition

Labor Market Overview

Source: Census ACS 2020-2024 · Tables B01001, B23025, B08303, B08301
183,796
Working Age (18-64) vs 2019
Mean Commute 8 min below national avg
18.8 min
Work From Home vs 15.1% national
10.9%
Prime-Age Employed (25-54)
78.2%
of prime-age population
Labor force participation rate: 72% of working-age population (18-64) 72% Participation
▼ vs 2019

Education & Talent Pipeline

Source: Census ACS 2020-2024 · Table B15003 · College Scorecard
Bachelor's+
38.7%
HS Diploma+
94.1%
Regional / Statewide Institutions
Total credentials awarded
5,225/yr
University of Alaska Anchorage 1,895/yr
Charter College 1,305/yr
University of Alaska Fairbanks 1,209/yr
University of Alaska Southeast 463/yr
Alaska Career College 215/yr
Alaska Pacific University 138/yr

Aging Workforce

Source: Census Bureau ACS · Derived from age & employment tables
17.9%
55-64 of working-age population (18-64)

Workforce by Occupation

Source: Census ACS 2020-2024 · Table C24010 · Civilian employed population 16+
Management / Professional
44%
Service
17.1%
Sales & Office
20.4%
Construction / Maint.
7.7%
Production / Transport
10.7%
Bars scaled 2× for visual differentiation; percentage labels show actual share of 141,618 employed workers.
Key Takeaways
  • Short commutes: 18.8-minute mean commute is a quality-of-life and labor-access advantage worth surfacing for site selectors.
  • Talent pipeline: 6 regional institutions feed the workforce; the top three combined produce 4,409 annual credentials.
Source: ACS workforce data and College Scorecard.

AI Insights

AI-assisted analysis, drawn from 9 federal data sources

Sample AI Insight

Anchorage Municipality shows strong potential for scenic and sightseeing transportation attraction, with a 18.49x concentration and 533 jobs in this sub-sector. It ranks in the top decile nationally.

The interconnected base across scenic and sightseeing transportation, oil and gas extraction, and air transportation creates supply-chain attraction leverage rather than single-employer risk, a structural advantage for industrial recruitment.

Industry Shift Analysis

Manufacturing Automation Risk
High
Healthcare Growth Forecast
+4.2% CAGR
Remote Work Migration
67/100

Prospect Match Scores

Advanced Manufacturing
92/100
Life Sciences
84/100
Data Centers
71/100
Illustrative example

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Data Sources

Updated from official federal government data.

Census ACS 5-Year2024
BLS QCEW2025 annual
BLS LAUS (via FRED)2025 annual
BEA Regional GDP2024
Census CBP2023
HUD Fair Market RentsFY2026
FCC Broadband Map2024
USAspending.govFY2026
College ScorecardAY 2022-23

Frequently Asked Questions

Key economic and demographic figures for Anchorage Municipality, Alaska, from federal data sources.

What is the population of Anchorage Municipality, Alaska?

288,976 (U.S. Census Bureau, ACS 5-Year Estimates).

What is the median household income in Anchorage Municipality, Alaska?

$103,284 (U.S. Census Bureau, ACS 5-Year Estimates).

What is the unemployment rate in Anchorage Municipality, Alaska?

3.9% (2025 annual average, U.S. Bureau of Labor Statistics, LAUS).

What is the GDP of Anchorage Municipality, Alaska?

$32.1B (U.S. Bureau of Economic Analysis, CAGDP1).