2025 Compare Cities Economy:
Anchorage, AK vs Federal Way, WA

Change Cities
Highlights
- Household income in Federal Way, is 18% less than it is in Anchorage and is 5% above the National Average.
- Anchorage unemployment rate is 6.6%.
- Federal Way unemployment rate is 7.1%.
 Anchorage, AKFederal Way, WAUnited States
 Unemployment Rate  Unlock7.1%6.0%
 Recent Job Growth  Unlock2.6%1.6%
 Future Job Growth16.1%  Unlock33.5%
 Sales Taxes0.0%  Unlock6.2%
 Income Taxes  Unlock0.0%4.6%
 Income per Cap.$43,125  Unlock$37,638
 Household Income  Unlock$72,969$69,021
 Family Median Income$106,497  Unlock$85,028
 space
 Est. Households By Income
 Anchorage, AKFederal Way, WAUnited States
 Income Less Than 15K  Unlock8.2%9.4%
 Income between 15K and 20K2.8%  Unlock3.8%
 Income between 20K and 30K  Unlock7.1%8.1%
 Income between 30K and 40K6.0%  Unlock8.0%
 Income between 40K and 50K  Unlock8.4%7.6%
 Income between 50K and 60K6.3%  Unlock7.2%
 Income between 60K and 75K  Unlock12.0%9.6%
 Income between 75K and 100K14.1%  Unlock12.8%
 Income between 100K and 150K  Unlock19.1%16.3%
 Income between 150K and 200K11.1%  Unlock7.8%
 Income greater than 200K  Unlock7.9%9.5%
 space1
 Population By Occupation
 Anchorage, AKFederal Way, WAUnited States
 Management, business, finance16.4%  Unlock16.4%
 Engineering, computers, science  Unlock5.2%6.5%
 Community, social services2.3%  Unlock1.8%
 Legal  Unlock0.7%1.2%
 Education, library6.2%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock1.3%2.0%
 Healthcare practitioners and technology6.4%  Unlock6.2%
 Healthcare support  Unlock5.0%3.3%
 Firefighters, law enforcement2.5%  Unlock2.1%
 Food preparation, serving  Unlock6.7%5.4%
 Building maintenance3.5%  Unlock3.6%
 Personal care  Unlock2.7%2.6%
 Sales, office, administrative support21.0%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.4%0.6%
 Construction, extraction, maintenance/repair7.9%  Unlock8.1%
 Production, transportation, material moving  Unlock17.6%13.1%
Reviews for Anchorage    83 Reviews

Over 1 years ago

Anchorage had potential but with the massive amount of homeless the petty crime is on the rise. I chose to live in a town outside of Anchorage rather than the city for  More

   |    Reply

I lived in Anchorage for the better part of the 2010's. Pros: o Beautiful, mountain and ocean views; close to many hiking trails, campsites, fishing grounds,  More

   |    Reply

it's nice, i liked it when i grew up there. kinda wish i could move back, but i didn't really like being isolated from all the things like nordstrom, trader joe's,  More

   |    Reply

Start Your Review of Anchorage

Reviews for Federal Way    14 Reviews

Over 6 years ago

A suburb of The Emerald City (Seattle, WA), Federal Way has become yet another go-to place for affluent travelers and transplants from states all over the nation. The  More

   |    Reply

I want to move my family to austin i havent bin there but we want some ware housing is affortable i have four boys age 6,3,2 and a baby of 2 months and ware theres jobs  More

   |    Reply

I have lived in Brooklyn NY, West Palm Beach & Port St Lucie, FL and now Federal Way, WA. While the cost of living here is higher than Florida, it is definitely lower  More

   |    Reply

Start Your Review of Federal Way


Premium Subscription
Includes Cost of Living compares for child care, utilities, transportation, health, taxes, housing for home owners vs renters, weather, insurance premiums and so much more.


The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.