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Top Reasons To Live In Anchorage, AK In 2024

Anchorage is located in Anchorage, Alaska, with an estimated municipal population of 288,000 residents. All of the best foreclosed homes for sale in Anchorage are located in the following zip code areas on Foreclosure.com: 99518 99515 99517 99516 99513 99540 99567 99587 99508 99506 99507 99504 99505 99502 99503 99501 99577 99509 99511 99514 99520 99521 99522 99523 99524 99529 99530 99599. The estimated population per square kilometer (.62 miles) in Anchorage is 65.


Cost Of Living In Anchorage, AK

So, about how much do homes cost in Anchorage? The most recent median value of resident-owned homes in Anchorage is 313,091. An estimated 61.3 percent of households in Anchorage own their homes, with an average family size of 3.27. The median household income in Anchorage is 84,928, with42.2 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Anchorage, the median commute time of resident workers (in minutes) is 18.9. And last, but certainly not least, are you looking for homes to rent in Anchorage? If so, the average rent price paid by renters in Anchorage is 1,320, according to recent statistics.


Diversity And Demographics In Anchorage, Alaska

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Anchorage, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Anchorage is 33.6, split between 51 percent male versus 49 female. The percentage of residents who report being married in Anchorage is 48.4, with an average family size of 3.27.

The percentage of residents who report their race in Anchorage is as follows:

White 62.6%
Black / African American 5.6%
Asian 9.6%
American Indian / Alaskan Native 7.9%
Native Hawaiian / Other Pacifc Islander 2.4%
Multi-racial 9.5%
Other 2.4%

Looking for family-friendly neighborhoods in and/or near Anchorage? Or maybe you are searching for 55+ active adult communities in and/or near Anchorage?

The percentage of residents who report their age in Anchorage is as follows:

Under 10 14.3%
Aged 10-19 12.5%
20s 17%
30s 15.4%
40s 12%
50s 12.9%
60s 9.6%
70s 4.5%
80+ 2%

Best Schools In Anchorage, Alaska

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Anchorage with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Anchorage.


Pros And Cons Of Living In Anchorage, Alaska

How do you know that living in -- or moving to -- Anchorage is right where you need to be? Perhaps you grew up in Anchorage or already live nearby; therefore, the decision to buy a home in Anchorage is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Anchorage for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Anchorage:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Anchorage.


Reasons To Move To Anchorage, Alaska, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Anchorage can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Anchorage, meanwhile, can field multiple offers from more qualified buyers.

Anchorage, AK Foreclosures


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