Anchorage, AK is a vibrant city located in the southcentral part of the state. It has an estimated population of 295,000 people. The median 2 bedroom rent in Anchorage is $1,880, which is higher than the US average of $1,430. The Grocery Cost Index in Anchorage is 124 compared to 100 in the US, indicative of slightly higher grocery prices than the national average.
Local companies include Alaska Airlines, Providence Health & Services Alaska, Carrs-Safeway Grocery Stores Inc., Fred Meyer Stores Inc., Home Depot and Walgreens. There are many other local businesses that are great sources of employment for those living in Anchorage.
In comparison to other cities across the country, Anchorage's median rent for a two bedroom apartment is high and its Grocery Cost Index is higher than the national average. However, locals enjoy access to a variety of jobs at local businesses and can still find affordable housing options throughout Anchorage.
Anchorage (zip 99577) has an unemployment rate of 6.6%. The US average is 6.0%.
Anchorage (zip 99577) has seen the job market decrease by -3.6% 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 99577)
- The Sales Tax Rate for Anchorage (zip 99577) is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Anchorage (zip 99577) 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 99577)
- The average income of a Anchorage (zip 99577) resident is $49,292 a year. The US average is $37,638 a year.
- The Median household income of a Anchorage (zip 99577) resident is $121,694 a year. The US average is $69,021 a year.