HomeAlaskaAnchorage Municipality
Anchorage Municipality, Alaska: commercial real estate data.
Anchorage Municipality, Alaska had an estimated 289,600 residents on July 1, 2024, down 0.6 percent since the 2020 census base of 291,246, across 1,705 square miles. County output reached $32.11 bn in 2024, 8,799 establishments operate here, and the SBA record carries 295 7(a) approvals worth $223.5 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Anchorage Municipality
How many people live in Anchorage Municipality
- Population, American Community Survey 2020-2024288,976
- Households108,597
- Average household size2.66
- Median household income$103,284
- Median age35.2
- Median gross rent$1,489 per month
- Median owner-occupied home value$395,900
- Home value to household income3.8 times
- Annual rent as a share of median income17.3 percent
- Adults 25 and over with a bachelor degree or higher38.6 percent
- Adults 25 and over with a graduate degree14.9 percent
- Adults 25 and over192,864
- Population under 1867,997
- Share under 1823.5 percent
- Population 65 and over37,183
- Share 65 and over12.9 percent
- Working age population, 18 to 64183,796
- Civilian labor force148,419
- Unemployment rate4.6 percent
- Labor force participation, adults 18 and over67.2 percent
- Rank by population among Alaska municipalities1st of 30
- Rank by population among US county-equivalents, Puerto Rico included250th of 3,222
Anchorage Municipality is the 1st largest of 30 Alaska municipalities by population. A median home costs 3.8 times median household income, which is moderately unaffordable by national standards. Residents under 18 outnumber those 65 and over, at 23.5 percent against 12.9 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Anchorage Municipality
Is Anchorage Municipality's population growing?
- Population, July 1, 2024289,600
- Census 2020 base population291,246
- Population change since the 2020 census base-0.57 percent
- Population change, 2023 to 20241,668
- Births, 20243,624
- Deaths, 20242,106
- Natural change, 20241,518
- Net domestic migration, 2024-2,322
- Net international migration, 20242,463
- Total net migration, 2024141
- Cumulative net domestic migration, 2021 to 2024-13,428
- Rank by growth among US county-equivalents2039th of 3,144
The county has lost 0.57 percent of its population since the 2020 census base. The population grew in 2024 from both sources: births exceeded deaths and more people moved in than left.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Anchorage Municipality
Where are people moving to Anchorage Municipality from?
- Tax returns filed by households arriving8,155
- People arriving, from those returns14,847
- Tax returns filed by households leaving9,385
- Net household movement-1,230
- Adjusted gross income arriving$531.8 m
- Net adjusted gross income movement$-230.2 m
- Average income of an arriving household$65,212
- Average income of a leaving household$81,189
- Largest single originMatanuska-Susitna Borough (801 households)
- Largest single destinationMatanuska-Susitna Borough (1,185 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Matanuska-Susitna Borough | 801 | 1,376 | $44.6 m |
| Fairbanks North Star Borough | 307 | 532 | $19.7 m |
| Kenai Peninsula Borough | 272 | 433 | $15.1 m |
| Foreign - APO/FPO ZIPs | 221 | 530 | $15.5 m |
| Bethel Census Area | 142 | 267 | $6.9 m |
| King County | 125 | 195 | $12.1 m |
| Maricopa County | 120 | 227 | $9.8 m |
| Honolulu County | 101 | 221 | $6.8 m |
Households arriving report $15,977 less average income than households leaving, which drains spending power even where headcount holds up. The largest single source of arrivals is Matanuska-Susitna Borough, which is the catchment a retail or multifamily study should look at first.
US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Anchorage Municipality
What is the Anchorage Municipality economy?
- County GDP, 2024$32.11 bn
- County GDP, 2023$30.53 bn
- GDP change, 2023 to 20245.2 percent
- GDP change over five years33.3 percent
- Rank by GDP among the Alaska areas BEA publishes1st of 34
- Rank by GDP among the US county areas BEA publishes182nd of 3,127
- GDP per resident$111,128
Output grew 5.2 percent in the latest year and 33.3 percent over five, which is the trend line a lender will read behind any single year figure.
US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024.
Anchorage Municipality
Employment by industry in Anchorage Municipality
- Covered employment, annual average147,256
- Establishments reporting8,829
- Average annual pay$74,666
- Average weekly wage$1,436
- Health care and social assistance, employment25,930
- Health care and social assistance, average annual pay$72,291
- Retail trade, employment15,177
- Retail trade, average annual pay$44,303
- Accommodation and food services, employment14,231
- Accommodation and food services, average annual pay$34,358
- Transportation and warehousing, employment12,644
- Transportation and warehousing, average annual pay$98,578
- Professional, scientific and technical services, employment8,964
- Construction, employment8,371
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Health care and social assistance | 25,930 | 1,132 | $72,291 |
| Retail trade | 15,177 | 770 | $44,303 |
| Accommodation and food services | 14,231 | 713 | $34,358 |
| Transportation and warehousing | 12,644 | 303 | $98,578 |
| Professional, scientific and technical services | 8,964 | 1,350 | $98,683 |
| Construction | 8,371 | 908 | $104,369 |
| Administrative and support and waste management services | 6,686 | 662 | $57,837 |
| Other services, except public administration | 4,991 | 770 | $54,753 |
Health care and social assistance is the largest private sector at 25,930 jobs, 17.6 percent of covered employment.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Anchorage Municipality
How many businesses are in Anchorage Municipality?
- Establishments, all industries8,799
- Employment at those establishments141,432
- Annual payroll$10.68 bn
- Establishments per 1,000 residents30.4
These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against. County Business Patterns counts private establishments with paid employees in March 2023, while the Quarterly Census of Employment and Wages above counts every unemployment-insured employer, public ones included, as a 2024 annual average, so the two establishment and employment counts differ.
US Census Bureau, County Business Patterns, 2023.
Anchorage Municipality
Building permits in Anchorage Municipality
- Housing units authorized by permit, 2024341
- Declared construction value permitted$100.6 m
- Single family units authorized161
- Multifamily units authorized180
- Multifamily share of units52.8 percent
- Average declared value per unit$294,886
- Units authorized per 1,000 households3.1
Multifamily is 52.8 percent of units authorized, so the pipeline is being built for renters rather than buyers.
US Census Bureau, Building Permits Survey, 2024 annual.
Anchorage Municipality
SBA loans in Anchorage Municipality (7(a) and 504)
- 7(a) approvals recorded295
- 7(a) gross approval dollars$223.5 m
- Average 7(a) approval$757,761
- Median 7(a) approval$403,100
- 10th percentile approval$49,000
- 90th percentile approval$1,876,000
- Largest single approval$5,000,000
- Jobs reported supported, 7(a)4,077
- Jobs per approval13.8
- Distinct 7(a) lenders active47
- Distinct industries receiving approvals142
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer24.1 percent
- Loans on real estate terms71
- Loans on working capital terms, 120 months or shorter204
- Franchise loans15
- Franchise share of approvals5.1 percent
- Leading industry by approval countFull-Service Restaurants (18)
- Most active lenderAlaska Growth Capital BIDCO, Inc. (46)
- 504 approvals recorded154
- 504 gross approval dollars$125.1 m
- Average 504 approval$812,429
- Median 504 approval$504,500
- Distinct CDCs active5
- 504 jobs per approval8.0
- 504 jobs per million dollars approved9.8
- Most active CDCEvergreen Business Capital (150)
- Combined SBA approval dollars, 7(a) FY2020 to FY2026 and 504 FY2010 to FY2026$348.7 m
The average approval of $757,761 sits well above the median of $403,100, pulled up by a few larger deals, so the median is the better guide to what a typical borrower here gets. Only 24.1 percent of approvals run on real estate terms, so SBA credit here is mostly working capital and equipment rather than property acquisition.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30. US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Anchorage Municipality
SBA loan default and charge-off rates in Anchorage Municipality
Do SBA loans in Anchorage Municipality get paid back?
- Loans with a final outcome recorded48
- Paid in full48
- Charged off0
- Charge-off rate on resolved loans0.0 percent
- Status: Paid in full48
- Status: Exempt from disclosure191
- Status: Cancelled46
- Status: Committed, not yet disbursed10
Of the 48 loans that have reached a final outcome, 0.0 percent were charged off. This is computed only over resolved loans, because a loan still running has not yet succeeded or failed and counting it either way would be wrong.
Compare against the national and state SBA charge-off rates, computed the same way over resolved loans only.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Anchorage Municipality
SBA lending by place in Anchorage Municipality
- Borrower cities with recorded lending4
- Anchorage, approvals277
- Eagle River, approvals14
- Chugiak, approvals3
- Pahrump, approvals1
| Borrower city | Approvals | Gross approval dollars |
|---|---|---|
| Anchorage | 277 | $215,174,100 |
| Eagle River | 14 | $7,530,500 |
| Chugiak | 3 | $800,000 |
| Pahrump | 1 | $35,000 |
Anchorage accounts for 277 approvals against 14 in Eagle River. County level figures average over that gap, which is why a site decision is made at the submarket rather than the county.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Anchorage Municipality
How large is Anchorage Municipality?
- Land area1,705 sq mi
- Rank by land area among Alaska municipalities28th of 30
- Width, east to west54 mi
- Height, north to south51.8 mi
- Geographies sharing a boundary2
- Residents per square mile of land169
- Establishments per square mile5.16
US Census Bureau county boundary geometry, TIGER, adjacency computed from shared boundary vertices, TIGER county boundaries. US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year. US Census Bureau, County Business Patterns, 2023.
Anchorage Municipality
Flood risk in Anchorage Municipality
- Participation of the county's own NFIP community Anchorage, municipality ofParticipating, community 020005
- Community Rating System class of the county's own communityClass 7
- Communities in the county in the NFIP Community Status Book1
- Of those, participating in the NFIP1
- NFIP participation rate100.0 percent
- Best Community Rating System class in the county A lower CRS class is a larger flood insurance premium discount.Class 7
- Communities carrying a CRS class1
- Radon levels in Anchorage Municipality, EPA zone predicted average indoor radon screening level less than 2 pCi/LZone 3
The county's own community in the status book, the Municipality of Anchorage (community 020005), participates in the National Flood Insurance Program and carries Community Rating System class 7, a flood insurance premium discount for policies written there. The EPA places Anchorage Municipality in radon zone 3, a predicted average indoor radon screening level less than 2 pCi/L. The zone is a screening prediction for the county and does not substitute for a test at an address. The best Community Rating System class among the county's communities is 7, which carries a flood insurance premium discount for policies written in that community. 100.0 percent of the county's listed communities participate in the National Flood Insurance Program, per Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26. US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Coverage
What this page does not hold.
Traffic counts, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Feasibility studies
When a Anchorage Municipality site needs a document a lender will accept.
The same data layer behind this page is the one the studies are written from. A study for a Anchorage Municipality site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population, American Community Survey 2020-2024288,976
- Households108,597
- Average household size2.66
- Median household income$103,284
- Median age35.2
Common questions
Anchorage Municipality questions, answered from the record.
How many people live in Anchorage Municipality, Alaska?
The Census Bureau estimates 289,600 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 288,976, in 108,597 households, ranking 1st of 30 Alaska counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Anchorage Municipality's population growing?
The population has fallen 0.57 percent since the 2020 census base of 291,246, to 289,600 on July 1, 2024. In 2024 there were 3,624 births against 2,106 deaths, with net migration of 141. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Anchorage Municipality?
$103,284. The median owner-occupied home is valued at $395,900, which is 3.8 times income, and median gross rent is $1,489 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are in Anchorage Municipality?
8,799 establishments, employing 141,432 people with an annual payroll of $10.68 bn. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is employment by industry in Anchorage Municipality?
Health care and social assistance is the largest private sector at 25,930 jobs, 17.6 percent of covered employment. Covered employment averages 147,256 jobs at an average annual pay of $74,666, or $1,436 a week. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Anchorage Municipality?
295 7(a) approvals totaling $223.5 m since FY2020, across 47 lenders, with a median approval of $403,100, plus 154 504 approvals worth $125.1 m since FY2010. These are approvals recorded in the release, not loans disbursed.
Do SBA loans in Anchorage Municipality get paid back?
Of the 48 loans that have reached a final outcome, 48 were paid in full and 0 charged off, a charge-off rate of 0.0 percent. Loans still running are excluded, because they have not yet succeeded or failed.
How many building permits were issued in Anchorage Municipality?
341 housing units were authorized by permit in 2024, with a declared construction value of $100.6 m. Multifamily was 52.8 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Anchorage Municipality?
Zone 3, a predicted average indoor radon screening level less than 2 pCi/L. Source: US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Where do people moving to Anchorage Municipality come from?
The largest single origin is Matanuska-Susitna Borough, with 801 households. Arriving households report an average income of $65,212 against $81,189 for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Anchorage Municipality on this page?
No. Annual average daily traffic resolves in the platform rather than in this dataset, so no AADT figure is printed here. It is a gap we know about rather than a figure we estimated.
Is zoning published for Anchorage Municipality?
No. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame, to be confirmed locally.
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