An abundance of amenities, including restaurants, coffee shops, grocery stores and fitness facilities, are conveniently situated within walking distance of the area.
High commute scores indicates that public transit should be easily accessible in this area and the average commute time to work is less than average.
The combination of higher than average median home income, income per capita and low unemployment rates results in a score that is well above average in the employment category.
This area has received high scores in the housing category. This could be due to a positive home affordability ratio, high appreciation rates or elevated home values.
A high score in the health and safety category is a result of good air quality and the accessibility to health facilities such as hospitals, clinics, doctors, pharmacies and fire stations.
Based on the most recent cost of living data, this area is more expensive to live in. You can expect to pay more for everyday goods and services, housing, groceries and utilities.
This area is reporting high crime rates per 100,000 people and could signify that it is a dangerous place to live. Crime rates include both violent and property crimes.
Anchorage is a large city located in the state of Alaska. The city has a population of 292,090 people. If you are not a fan of long commutes, you will enjoy living in Anchorage. With an average one way commute time of only 19 minutes, getting to and from work is a breeze compared to the national average of 26 minutes.
Whether you’re relocating to a new city to be closer to family, friends or for a new job, living in Anchorage could be a positive experience compared to other cities in Alaska if you know where to look. Don't forget to determine what matters most to you in a neighborhood. Consider factors such as safety, proximity to work or school, access to amenities (like parks, fitness facilities, grocery stores, restaurants), public transportation options, community atmosphere and the overall vibe you're looking for. Using the livability score which includes data from categories like cost of living, education, employment, housing, you can easily compare the best places to live in Anchorage and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Anchorage to Alaska and the national average.
With a livability score of 77 out of 100, Anchorage is ranked #2,266 in the United States and #5 in Alaska. Compared to the US average, Anchorage ranks among some of the best places to live in the country! Anchorage has also earned the rare honor of ranking in the top 10 percentile among all cities. If we examine each of the categories individually, we see that Anchorage ranks well for education (A), employment (A+) and housing (A-). Anchorage does not do well for the following: crime (F) and cost of living (F). It might be wise to take a closer look at each category to find out why.
Anchorage has many conveniently situated amenities and captivating attractions that adds to the continuous enjoyment of your everyday life. Having the assurance of abundant conveniences and a wide array of activities ensures your easy access to nearby grocery stores, restaurants, bars, fitness facilities, coffee shops and exciting entertainment options. This not only simplifies daily routines but also fosters a vibrant and dynamic lifestyle within the community. With a wealth of resources at your fingertips, you can savor the convenience and variety that Anchorage has to offer, making it a desirable destination for those seeking both accessibility and enjoyment in their daily lives. Among the enticing options for fun and exploration in Anchorage are: Anchorage Museum at Rasmuson Center, Alaska Native Heritage Center, and Tony Knowles Coastal Trail.
Real estate represents the most substantial investment for homebuyers, constituting their most valuable asset. Renters, on the other hand, typically see their monthly rent as their most significant expense. The Anchorage market earns a high score in the housing category, surpassing the national average in factors like home and rental affordability and appreciation rates. This robust real estate market not only benefits individual homeowners and renters but also spurs vigorous local economic activity and job growth, solidifying its significance in driving the region's prosperity and financial well-being.
Assuming that Anchorage meets all of your requirements like low crime rates, good schools and great local amenities, the next most important item to examine is the affordability of real estate in Anchorage. Everything else becomes a lot less important if it turns out that home prices in Anchorage are simply unattainable. The median home price for Anchorage homes is $320,100, which is 24.5% higher than the Alaska average. If we take a closer look at the affordability of homes in Anchorage, we’ll see that the home price to income ratio is 3.8, which is 8.6% higher than the Alaska average.
Statistic | Anchorage | Alaska | National |
Average one way commute | 19min | 19min | 26min |
Workers who drive to work | 75.0% | 68.1% | 76.4% |
Workers who carpool | 12.4% | 12.5% | 9.3% |
Workers who take public transit | 1.5% | 1.5% | 5.1% |
Workers who bicycle | 1.1% | 1.0% | 0.6% |
Workers who walk | 2.6% | 7.9% | 2.8% |
Working from home | 5.5% | 4.6% | 4.6% |