City profile
Anchorage, AK
Alaska’s largest city where mountains meet the sea — spectacular nature and no state income tax.
Climate
Climate type
mountain_alpine
Winter avg
17°F
Summer avg
63°F
Sunny days / yr
140
Home prices & cost of living
Median home price
$380,000
Typical monthly housing
$2,434
Cost of living (100 = U.S.)
125
Taxes
- Property tax
- 1.04%
- State income tax (top)
- None
- Social Security
- Not taxed
- Pensions
- Not taxed
- Sales tax (state + avg. local)
- 1.82%
FEMA natural hazard risk
Relatively High · county score 97/100
Top hazards: Earthquake, Landslide, Winter weather
Nearest major airport
4 mi to Ted Stevens Anchorage International Airport (ANC)
Political lean (2024 county vote)
Competitive / purple · 47% Democratic / 49% Republican
Demographics (Census ACS)
Population (2024)
288,976
Growth since 2019
-1.6%
Median age
35.2
Residents 65+
12.9%
Median household income
$103,284
Income growth since 2019
+21.6%
Black household income
$74,593
Home ownership
63.9%
Poverty rate
8.9%
Poverty rate, 65+
7.5%
Race & ethnicity: Black 4.8% · White 54.2% · Hispanic 9.5% · Asian 9.8% · Other 21.7%
Crime (per 100,000 residents, 2025)
Violent crime
1,027 · 212% above the national average
Property crime
3,335 · 115% above the national average
Source: FBI Crime Data Explorer, Anchorage Police Department. State average: violent 736, property 1,927.
2025–2026 trends
2026 market trends
- ▸More retirees are leaving AK than arriving, mostly over cost
- ▸Climate/cost risks to check: earthquakes, extreme cold
Highlights
- Unmatched wilderness access
- No state income tax
- Diverse for its size
Trade-offs
- Long dark winters
- High cost of living
Figures are estimates from public sources (see How we match). Verify before making decisions.