Zip 99540 (Anchorage, AK) Economy


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Anchorage, AK is an idyllic city situated in the Chugach Mountains with a population of approximately 295,000 people. It is known for its waterfront views and vibrant culture. The 2 bedroom rent in Anchorage is $1,770 per month, which is higher than the US average of $1,430. Additionally, grocery cost index in Anchorage is 122 versus 100 in the US. There are various local businesses that anchor this vibrant city such as Munoz & Company Jewelers and Alaska Leather Company. Other popular places to shop include Dimond Center Mall and Fifth Avenue Mall. Anchorage also offers plenty of restaurants like Fresh Sourdough Express Bakery & Cafe and Snow City Café. Overall, there are many great local companies offering delicious food and unique items to explore when visiting this charming city.

Anchorage (zip 99540) has an unemployment rate of 6.6%. The US average is 6.0%.

Anchorage (zip 99540) has seen the job market decrease by -0.8% over the last year. Future job growth over the next ten years is predicted to be 16.1%, which is lower than the US average of 33.5%.

Tax Rates for Anchorage (zip 99540)
- The Sales Tax Rate for Anchorage (zip 99540) is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Anchorage (zip 99540) is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Anchorage (zip 99540)
- The average income of a Anchorage (zip 99540) resident is $27,146 a year. The US average is $28,555 a year.
- The Median household income of a Anchorage (zip 99540) resident is $105,558 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAnchorage, AlaskaUnited States
  6.66
  -3.6%-6.2%
  16.1%33.5%
  0.0%6.2%
  0.0%4.6%
  $62,882$37,638
  $105,558$69,021
Family Median Income 85028
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