HomeAlaskaKenai Peninsula BoroughSterling
Sterling, Alaska: commercial real estate data.
Sterling is a Census CDP of 6,323 people across 77.81 square miles of land, in Kenai Peninsula Borough. Median household income is $102,415, 86.6 percent of occupied homes are owned, and the SBA record carries 1 7(a) approvals to borrowers here worth $125,000 since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Sterling
What Sterling is
- Census place typeCDP
- Land area77.81 sq mi
- Water area1.83 sq mi
- Population per square mile of land81
- County holding the largest share of its areaKenai Peninsula Borough, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Sterling
How many people live in Sterling
- Population6,323
- Median age46.8
- Population under 181,172 plus or minus 269
- Share under 1818.5 percent plus or minus 3.7
- Population 65 and over1,751
- Share 65 and over27.7 percent
- Households2,718
- Family households1,775
- Share of households that are families65.3 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Sterling
Income and work in Sterling
- Median household income$102,415 plus or minus $26,142
- Per capita income$64,024 plus or minus $15,815
- Civilian labor force2,766
- Employed2,629
- Unemployed137 plus or minus 113
- Unemployment rate5.0 percent plus or minus 4.0
- Adults 25 and over4,720
- Adults 25 and over with a high school diploma or higher97.0 percent
- Adults 25 and over with a bachelor degree or higher29.2 percent plus or minus 6.3
- Adults 25 and over with a graduate degree9.5 percent plus or minus 3.9
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Sterling
Housing in Sterling
- Housing units3,828
- Occupied units2,718
- Vacant units1,110
- Vacancy rate29.0 percent
- Owner occupied2,354
- Renter occupied364 plus or minus 140
- Ownership rate86.6 percent
- Median owner-occupied home value$353,400
- Median gross rent, monthly$1,248 plus or minus $480
- Annual rent as a share of median income14.6 percent plus or minus 6.8
- Single family units3,637
- Share single family95.0 percent
- Units in buildings of two or more68 plus or minus 67
- Share in buildings of two or more1.8 percent plus or minus 1.7
- Mobile homes123 plus or minus 73
- Median year structure built1994
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Sterling
How Sterling gets to work
- Workers 16 and over who commute2,224
- Commuting under 15 minutes620 plus or minus 235
- Share commuting under 15 minutes27.9 percent plus or minus 9.6
- Commuting 30 minutes or more768 plus or minus 222
- Share commuting 30 minutes or more34.5 percent plus or minus 8.3
- Drove alone61.7 percent
- Carpooled15.0 percent plus or minus 7.8
- Public transport1.0 percent plus or minus 1.6
- Walked2.4 percent plus or minus 2.6
- Worked from home14.6 percent plus or minus 6.7
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Sterling
SBA loans in Sterling (7(a))
- Approvals1
- Gross approval$125,000
- Average approval$125,000
- Median approval$125,000
- Largest approval$125,000
- Jobs supported0
- Jobs per approval0.0
- Loans with a final outcome0
- Paid in full0
- Charged off0
- Median term174 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises0.0 percent
- Distinct lenders1
- Distinct industries by NAICS1
Counted by borrower city: approvals to borrowers whose address is in Sterling, in any county, FY2020 to FY2026. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Sterling
SBA loans in Sterling (504)
- Approvals1
- Gross approval$257,000
- Average approval$257,000
- Median approval$257,000
- Largest approval$257,000
- Jobs supported3
- Loans with a final outcome0
- Charged off0
- Median term300 months
- Distinct CDCs1
Counted by borrower city: approvals to borrowers whose address is in Sterling, in any county, FY2010 to FY2026. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Kenai Peninsula Borough, not Sterling
Kenai Peninsula Borough context, not Sterling figures
- Establishments in Kenai Peninsula Borough2,405
- Covered employment, Kenai Peninsula Borough21,474
- Average annual pay, Kenai Peninsula Borough$62,398
- Housing units permitted, Kenai Peninsula Borough152
Every figure in this section is published for Kenai Peninsula Borough as a whole and is not a measurement of Sterling.
All Kenai Peninsula Borough figures →
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, 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 →
Common questions
Sterling questions, answered from the record.
How many people live in Sterling, Alaska?
6,323, in 2,718 households. Sterling CDP covers 77.81 square miles of land, which is 81 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Sterling in?
Kenai Peninsula Borough, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Sterling?
$102,415. The median owner-occupied home is valued at $353,400. Median gross rent is $1,248 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Sterling businesses?
1 7(a) approvals totaling $125,000 since FY2020, across 1 lenders, median approval $125,000, plus 1 504 approvals worth $257,000 since FY2010. These count approvals to borrowers whose address is in Sterling, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Sterling borrowers get paid back?
No rate is published for Sterling. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Are the county figures on this page Sterling figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Kenai Peninsula Borough as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Sterling.
Is zoning published for Sterling?
No. Nothing on this page presents parcel level zoning.
Nearby