HomeAlaskaMatanuska-Susitna Borough
Matanuska-Susitna Borough, Alaska: commercial real estate data.
Matanuska-Susitna Borough, Alaska had an estimated 117,613 residents on July 1, 2024, up 9.8 percent since the 2020 census base of 107,078, across 24,608 square miles. County output reached $4.47 bn in 2024, 2,822 establishments operate here, and the SBA record carries 95 7(a) approvals worth $83.8 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Matanuska-Susitna Borough
How many people live in Matanuska-Susitna Borough
- Population, American Community Survey 2020-2024112,988
- Households39,869
- Average household size2.83
- Median household income$94,031
- Median age36.7
- Median gross rent$1,299 per month
- Median owner-occupied home value$346,600
- Home value to household income3.7 times
- Annual rent as a share of median income16.6 percent
- Adults 25 and over with a bachelor degree or higher24.4 percent
- Adults 25 and over with a graduate degree8.7 percent
- Adults 25 and over74,849
- Population under 1828,987
- Share under 1825.7 percent
- Population 65 and over15,498
- Share 65 and over13.7 percent
- Working age population, 18 to 6468,503
- Civilian labor force51,485
- Unemployment rate5.8 percent
- Labor force participation, adults 18 and over61.3 percent
- Rank by population among Alaska boroughs2nd of 30
- Rank by population among US county-equivalents, Puerto Rico included557th of 3,222
Matanuska-Susitna Borough is the 2nd largest of 30 Alaska boroughs by population. A median home costs 3.7 times median household income, which is moderately unaffordable by national standards. Residents under 18 outnumber those 65 and over, at 25.7 percent against 13.7 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Matanuska-Susitna Borough
Is Matanuska-Susitna Borough's population growing?
- Population, July 1, 2024117,613
- Census 2020 base population107,078
- Population change since the 2020 census base9.84 percent
- Population change, 2023 to 20242,317
- Births, 20241,367
- Deaths, 2024876
- Natural change, 2024491
- Net domestic migration, 20241,755
- Net international migration, 202484
- Total net migration, 20241,839
- Cumulative net domestic migration, 2021 to 20247,933
- Rank by growth among US county-equivalents153rd of 3,144
The county has grown 9.84 percent 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.
Matanuska-Susitna Borough
Where are people moving to Matanuska-Susitna Borough from?
- Tax returns filed by households arriving3,370
- People arriving, from those returns6,844
- Tax returns filed by households leaving2,738
- Net household movement632
- Adjusted gross income arriving$256.3 m
- Net adjusted gross income movement$77.1 m
- Average income of an arriving household$76,065
- Average income of a leaving household$65,468
- Largest single originAnchorage Municipality (1,185 households)
- Largest single destinationAnchorage Municipality (801 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Anchorage Municipality | 1,185 | 2,341 | $101.9 m |
| Kenai Peninsula Borough | 101 | 197 | $6.7 m |
| Fairbanks North Star Borough | 95 | 195 | $6.7 m |
| Juneau City and Borough | 36 | 85 | $2.6 m |
| Maricopa County | 35 | 68 | $1.8 m |
| Foreign - APO/FPO ZIPs | 33 | 87 | $2.2 m |
| Clark County | 32 | 87 | $3.4 m |
| King County | 31 | 63 | $2.0 m |
Households arriving report $10,597 more average income than households leaving, so the migration is raising local spending power rather than just moving it around. The largest single source of arrivals is Anchorage Municipality, 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.
Matanuska-Susitna Borough
What is the Matanuska-Susitna Borough economy?
- County GDP, 2024$4.47 bn
- County GDP, 2023$4.20 bn
- GDP change, 2023 to 20246.4 percent
- GDP change over five years42.2 percent
- Rank by GDP among the Alaska areas BEA publishes4th of 34
- Rank by GDP among the US county areas BEA publishes759th of 3,127
- GDP per resident$39,520
Output grew 6.4 percent in the latest year and 42.2 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.
Matanuska-Susitna Borough
Employment by industry in Matanuska-Susitna Borough
- Covered employment, annual average29,515
- Establishments reporting2,824
- Average annual pay$58,329
- Average weekly wage$1,122
- Health care and social assistance, employment5,685
- Health care and social assistance, average annual pay$59,532
- Retail trade, employment4,350
- Retail trade, average annual pay$40,584
- Construction, employment3,509
- Construction, average annual pay$96,570
- Accommodation and food services, employment3,146
- Accommodation and food services, average annual pay$28,385
- Other services, except public administration, employment988
- Transportation and warehousing, employment911
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Health care and social assistance | 5,685 | 359 | $59,532 |
| Retail trade | 4,350 | 255 | $40,584 |
| Construction | 3,509 | 528 | $96,570 |
| Accommodation and food services | 3,146 | 255 | $28,385 |
| Other services, except public administration | 988 | 202 | $44,342 |
| Transportation and warehousing | 911 | 89 | $63,394 |
| Administrative and support and waste management services | 902 | 183 | $47,914 |
| Professional, scientific and technical services | 826 | 289 | $68,715 |
Health care and social assistance is the largest private sector at 5,685 jobs, 19.3 percent of covered employment.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Matanuska-Susitna Borough
How many businesses are in Matanuska-Susitna Borough?
- Establishments, all industries2,822
- Employment at those establishments23,971
- Annual payroll$1.37 bn
- Establishments per 1,000 residents25.0
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.
Matanuska-Susitna Borough
Building permits in Matanuska-Susitna Borough
- Housing units authorized by permit, 202485
- Declared construction value permitted$20.7 m
- Single family units authorized37
- Multifamily units authorized48
- Multifamily share of units56.5 percent
- Average declared value per unit$243,081
- Units authorized per 1,000 households2.1
Multifamily is 56.5 percent of units authorized, so the pipeline is being built for renters rather than buyers.
US Census Bureau, Building Permits Survey, 2024 annual.
Matanuska-Susitna Borough
SBA loans in Matanuska-Susitna Borough (7(a) and 504)
- 7(a) approvals recorded95
- 7(a) gross approval dollars$83.8 m
- Average 7(a) approval$881,917
- Median 7(a) approval$503,000
- 10th percentile approval$22,000
- 90th percentile approval$2,300,000
- Largest single approval$5,000,000
- Jobs reported supported, 7(a)1,081
- Jobs per approval11.4
- Distinct 7(a) lenders active23
- Distinct industries receiving approvals57
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer28.4 percent
- Loans on real estate terms27
- Loans on working capital terms, 120 months or shorter61
- Franchise loans8
- Franchise share of approvals8.4 percent
- Leading industry by approval countVeterinary Services (7)
- Most active lenderAlaska Growth Capital BIDCO, Inc. (18)
- 504 approvals recorded58
- 504 gross approval dollars$40.9 m
- Average 504 approval$704,586
- Median 504 approval$490,500
- Distinct CDCs active2
- 504 jobs per approval6.0
- 504 jobs per million dollars approved8.5
- Most active CDCEvergreen Business Capital (57)
- Combined SBA approval dollars, 7(a) FY2020 to FY2026 and 504 FY2010 to FY2026$124.6 m
The average approval of $881,917 sits well above the median of $503,000, pulled up by a few larger deals, so the median is the better guide to what a typical borrower here gets. Only 28.4 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.
Matanuska-Susitna Borough
SBA loan default and charge-off rates in Matanuska-Susitna Borough
Do SBA loans in Matanuska-Susitna Borough get paid back?
- Loans with a final outcome recorded12
- Paid in full12
- Charged off0
- Status: Exempt from disclosure67
- Status: Paid in full12
- Status: Cancelled5
- Status: Committed, not yet disbursed11
Only 12 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
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.
Matanuska-Susitna Borough
SBA lending by place in Matanuska-Susitna Borough
- Borrower cities with recorded lending5
- Wasilla, approvals64
- Palmer, approvals23
- Talkeetna, approvals4
- Big Lake, approvals2
- Willow, approvals2
| Borrower city | Approvals | Gross approval dollars |
|---|---|---|
| Wasilla | 64 | $56,456,800 |
| Palmer | 23 | $24,005,300 |
| Talkeetna | 4 | $870,000 |
| Big Lake | 2 | $2,150,000 |
| Willow | 2 | $300,000 |
Wasilla accounts for 64 approvals against 23 in Palmer. 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.
Matanuska-Susitna Borough
How large is Matanuska-Susitna Borough?
- Land area24,608 sq mi
- Rank by land area among Alaska boroughs7th of 30
- Width, east to west216.2 mi
- Height, north to south158.2 mi
- Geographies sharing a boundary6
- Residents per square mile of land5
- Establishments per square mile0.11
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.
Matanuska-Susitna Borough
Flood risk in Matanuska-Susitna Borough
- Participation of the county's own NFIP community Matanuska-Susitna, borough ofParticipating, community 020021
- Communities in the county in the NFIP Community Status Book1
- Of those, participating in the NFIP1
- NFIP participation rate100.0 percent
- Communities carrying a CRS class0
- Radon levels in Matanuska-Susitna Borough, EPA zone predicted average indoor radon screening level from 2 to 4 pCi/LZone 2
The county's own community in the status book, the Borough of Matanuska-Susitna (community 020021), participates in the National Flood Insurance Program and carries no Community Rating System class, so no CRS premium discount applies there. The EPA places Matanuska-Susitna Borough in radon zone 2, a predicted average indoor radon screening level from 2 to 4 pCi/L. The zone is a screening prediction for the county and does not substitute for a test at an address. 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 Matanuska-Susitna Borough 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 Matanuska-Susitna Borough site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population, American Community Survey 2020-2024112,988
- Households39,869
- Average household size2.83
- Median household income$94,031
- Median age36.7
Common questions
Matanuska-Susitna Borough questions, answered from the record.
How many people live in Matanuska-Susitna Borough, Alaska?
The Census Bureau estimates 117,613 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 112,988, in 39,869 households, ranking 2nd of 30 Alaska counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Matanuska-Susitna Borough's population growing?
The population has grown 9.84 percent since the 2020 census base of 107,078, to 117,613 on July 1, 2024. In 2024 there were 1,367 births against 876 deaths, with net migration of 1,839. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Matanuska-Susitna Borough?
$94,031. The median owner-occupied home is valued at $346,600, which is 3.7 times income, and median gross rent is $1,299 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are in Matanuska-Susitna Borough?
2,822 establishments, employing 23,971 people with an annual payroll of $1.37 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 Matanuska-Susitna Borough?
Health care and social assistance is the largest private sector at 5,685 jobs, 19.3 percent of covered employment. Covered employment averages 29,515 jobs at an average annual pay of $58,329, or $1,122 a week. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Matanuska-Susitna Borough?
95 7(a) approvals totaling $83.8 m since FY2020, across 23 lenders, with a median approval of $503,000, plus 58 504 approvals worth $40.9 m since FY2010. These are approvals recorded in the release, not loans disbursed.
How many building permits were issued in Matanuska-Susitna Borough?
85 housing units were authorized by permit in 2024, with a declared construction value of $20.7 m. Multifamily was 56.5 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Matanuska-Susitna Borough?
Zone 2, a predicted average indoor radon screening level from 2 to 4 pCi/L. Source: US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Where do people moving to Matanuska-Susitna Borough come from?
The largest single origin is Anchorage Municipality, with 1,185 households. Arriving households report an average income of $76,065 against $65,468 for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Matanuska-Susitna Borough 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 Matanuska-Susitna Borough?
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.
Matanuska-Susitna Borough
Cities and places in Matanuska-Susitna.
30 Census places lie wholly or partly in Matanuska-Susitna Borough. All 30 carry enough published place level data for a page of their own and are linked.
| Place | Type | Population | SBA 7(a) approvals, projects in this county | Lies in |
|---|---|---|---|---|
| Knik-Fairview | CDP | 19,972 | None recorded | Wholly in this county |
| North Lakes | CDP | 10,223 | None recorded | Wholly in this county |
| Wasilla | city | 9,720 | 64 | Wholly in this county |
| Tanaina | CDP | 9,646 | None recorded | Wholly in this county |
| Meadow Lakes | CDP | 8,689 | None recorded | Wholly in this county |
| Gateway | CDP | 6,845 | None recorded | Wholly in this county |
| Palmer | city | 6,268 | 23 | Wholly in this county |
| South Lakes | CDP | 6,180 | None recorded | Wholly in this county |
| Fishhook | CDP | 5,819 | None recorded | Wholly in this county |
| Butte | CDP | 4,085 | None recorded | Wholly in this county |
| Big Lake | CDP | 3,585 | 2 | Wholly in this county |
| Farm Loop | CDP | 2,894 | None recorded | Wholly in this county |
| Houston | city | 1,834 | None recorded | Wholly in this county |
| Willow | CDP | 1,815 | 2 | Wholly in this county |
| Point MacKenzie | CDP | 1,668 | None recorded | Wholly in this county |
| Sutton-Alpine | CDP | 1,598 | None recorded | Wholly in this county |
| Susitna North | CDP | 1,566 | None recorded | Wholly in this county |
| Lazy Mountain | CDP | 1,459 | None recorded | Wholly in this county |
| Talkeetna | CDP | 944 | 4 | Wholly in this county |
| Knik River | CDP | 883 | None recorded | Wholly in this county |
| Buffalo Soapstone | CDP | 739 | None recorded | Wholly in this county |
| Trapper Creek | CDP | 491 | None recorded | Wholly in this county |
| Chickaloon | CDP | 333 | None recorded | Wholly in this county |
| Glacier View | CDP | 308 | None recorded | Wholly in this county |
| Skwentna | CDP | 97 | None recorded | Wholly in this county |
| Petersville | CDP | 53 | None recorded | Wholly in this county |
| Susitna | CDP | 31 | None recorded | Wholly in this county |
| Chase | CDP | 29 | None recorded | Wholly in this county |
| Eureka Roadhouse | CDP | 0 | None recorded | Wholly in this county |
| Lake Louise | CDP | 0 | None recorded | Wholly in this county |
Nearby