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Anchorage Municipality Housing Market

Alaska · 30 counties · Ranked #2871 in home value

Above National Avg

Housing at a Glance

Median Home Value

$375,900

vs national+$375,900 vs $281,900 national

Median Gross Rent

$1,453/mo

vs national+$1,453 vs $1,163 national

Effective Tax Rate

1.29%

vs national+1.29% vs 1.02% national

Median Household Income

$98,152

vs national+$98,152 vs $74,755 national

Affordability Ratio

3.8x

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

29.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$4,865

Tax as % of Home Value

1.29%

Monthly Owner Cost

$1,933

Renter Income

$63,343

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Frequently Asked Questions

What is the median home value in Anchorage Municipality?

The median home value in Anchorage Municipality is $375,900. This is above the national median of $281,900.

How much is rent in Anchorage Municipality?

The median gross rent in Anchorage Municipality is $1,453 per month.

What is the property tax rate in Anchorage Municipality?

The effective property tax rate in Anchorage Municipality is 1.29%. The median annual property tax bill is $4,865.

Is Anchorage Municipality affordable?

With a home-value-to-income ratio of 3.8x, Anchorage Municipality is moderately affordable compared to the recommended 3-4x guideline.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.