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Affordable
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These days, finding an affordable place to live in the 99516 area can be challenging. Home prices in 99516 are now at a median cost of $610,966, higher than the Alaska average of $346,273.
The average cost of rent is $1,690/mo in 99516, primarily driven by the current value of real estate in the 99516 area. In 99516, 8.52% of households rent, and 33.18% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 99516 is $14,802 per month. Households that rent pay about 11.42% of their income on rent here. 99516’s most expensive areas are in the southwestern regions, while the cheapest areas are in the western parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 99515, AK: less expensive homes
- 99507, AK: less expensive homes
- 99518, AK: less expensive homes
- 99502, AK: less expensive homes
- 99503, AK: less expensive homes
- 99508, AK: less expensive homes
- 99504, AK: less expensive homes
- 99517, AK: less expensive homes
- 99501, AK: less expensive homes
- 99506, AK: less expensive homes
Zip Codes with Similar Populations
- 78739, TX: higher priced homes
- 43920, OH: less expensive homes
- 44116, OH: less expensive homes
- 45322, OH: less expensive homes
- 46202, IN: less expensive homes
- 48009, MI: higher priced homes
- 48204, MI: less expensive homes
- 48842, MI: less expensive homes
- 78620, TX: higher priced homes
- 00720, PR: less expensive homes
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