Anchorage, AK · standard
ZIP Code 99508
Anchorage, Alaska - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 35,857
- 1,995/sq mi High-density area
- $79,314
- Median income Near-median income area
- $335,300
- Median home value Above-median home value
- 28.8%
- Bachelor's or higher Near-average bachelor's attainment
National ZIP placement
Anchorage pairs an above-median household income with above-median home values, in a low-density, mixed-tenure area.
- Top 39%
- household income, US ZIPs
- Top 29%
- home value, US ZIPs
- 1,995
- people per sq mi
- 53%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 99508 against every reporting US ZIP.
FHFA HPI release change
What changed in the latest House Price Index year
- FHFA House Price Index values in ZIP 99508 (Anchorage, AK) rose +3.7% from 2023 to 2024. The all-transactions index moved from 241.3 in 2023 to 250.2 in 2024 (2000 = 100).
ZIP code 99508 is a densely settled ZIP (a standard USPS delivery area) in Anchorage, Anchorage, Alaska, with 35,857 residents across 18.0 square miles, a density of 1,995 people per square mile, in the Anchorage time zone.
ZIP 99508 lands in the middle-income range, with a median household income of $79,314 (9% above the average Alaska ZIP), while per-capita income is $36,310. The poverty rate is 18.3%, with unemployment at 6.3%; those measures add context to the income figure. Median home value is $335,300 (60% above the average Alaska ZIP) and median rent is $1,370; 53.2% of occupied homes are owner-occupied.
Educational attainment sits below the national norm: 28.8% of adults hold a bachelor's degree or higher, the median age is 32.3, and the average commute is 18 minutes. The page also surfaces 9 ZIP codes within roughly 10 miles and 6 more in Anchorage, so 99508 can be compared with both its immediate and county-level context.
Every figure on this page is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates (including median rent) and the FHFA House Price Index, no estimates, no proprietary scoring. Verify with Census →
Top industries in ZIP 99508
Top 5 sectors by establishment count in Anchorage, AK
Which industries have the most business establishments in ZIP 99508.
- Health care and social assistance
Health care and social assistance
394 establishments
- Professional, scientific, and technical services 58
Professional, scientific, and technical services
58 establishments
- Other services (except public administration) 51
Other services (except public administration)
51 establishments
- Retail trade 36
Retail trade
36 establishments
- Accommodation and food services 36
Accommodation and food services
36 establishments
What this shows Establishment counts come from the Census ZIP Code Business Patterns program, which counts physical business locations rather than employees or revenue.
Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + FHFA HPI ACS demographics and median rent, ZBP business establishments, FHFA HPI for ZIP 99508, Anchorage, AK · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; FHFA HPI updated quarterly/annually.
Quick Facts
35,857
Population
18.0
Area (sq mi)
1,995
People / sq mi
Anchorage
Time Zone
standard
ZIP Type
Who lives in ZIP 99508?
32.3
Median Age
49.7%
Male
50.3%
Female
14.8%
Foreign-Born
Hispanic or Latino is an ethnicity category from the Census Bureau and may overlap with other categories above.
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How much do residents earn?
$79,314
Median Household Income
+9% vs state ZIP avg
$36,310
Per Capita Income
18.3%
Poverty Rate
6.3%
Unemployment Rate
17.6 min
Mean Commute Time
How ZIP 99508 ranks nationally
Anchorage, AK household income vs. every US ZIP code
Median household income, the full national distribution, with this ZIP marked
$79,314 Top 39% higher than 61% of 30,318 US ZIPs
Each bar is a $20K-wide band; taller bars hold more US ZIPs. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.
Source U.S. Census Bureau, ACS 5-Year Estimates · 2019–2023
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What is the education profile here?
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What does housing look like?
Housing stock: occupied vs vacant
14,257housing units
14,257
Total Housing Units
12,702
Occupied Units
1,555
Vacant Units
2.75
Avg Household Size
Occupancy Type
$335,300
Median Home Value
+60% vs state ZIP avg
$1,370
Median Rent
1975
Median Year Built
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How have home values changed over time?
FHFA House Price Index, annual appreciation data based on repeat sales and appraisals
+3.7%
YoY Change (2024)
250
HPI Index (2000 = 100)
+150%
Total Change Since 2000
Home values in ZIP 99508 have increased 3.7% over the past year (2024). Since 2000, this ZIP has seen +150% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +2.0% | 198 |
| 2021 | +4.9% | 208 |
| 2022 | +8.8% | 226 |
| 2023 | +6.8% | 241 |
| 2024 | +3.7% | 250 |
Source: Federal Housing Finance Agency (FHFA) House Price Index, All-Transactions, Five-Digit ZIP Codes (Developmental Index). Index base = 100 in year 2000. Data through 2024. ZIP codes with few transactions may show missing values.
What businesses operate in this ZIP?
Census Bureau data shows 753 business establishments in ZIP 99508, employing approximately 19,210 people with a combined annual payroll of $1,642,633,000.
753
Businesses
19,210
Employees
$1.6B
Annual Payroll
16
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Health care and social assistance | 394 | 52.3% |
| Professional, scientific, and technical services | 58 | 7.7% |
| Other services (except public administration) | 51 | 6.8% |
| Retail trade | 36 | 4.8% |
| Accommodation and food services | 36 | 4.8% |
| Administrative and support and waste management and remediation services | 35 | 4.7% |
| Construction | 33 | 4.4% |
| Real estate and rental and leasing | 32 | 4.3% |
| Finance and insurance | 16 | 2.1% |
| Information | 13 | 1.7% |
| Arts, entertainment, and recreation | 13 | 1.7% |
| Educational services | 12 | 1.6% |
| Wholesale trade | 7 | 0.9% |
| Transportation and warehousing | 7 | 0.9% |
| Agriculture, forestry, fishing and hunting | 4 | 0.5% |
| Manufacturing | 4 | 0.5% |
Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.
Nearby ZIP Codes
Want a side-by-side? Compare 99508 vs 99501 →
ZIP 99508 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 99504
Anchorage (99504)
40,914 residents
- 99507
Anchorage (99507)
37,850 residents
- 99508
Anchorage (99508)
35,857 residents
- 99515
Anchorage (99515)
22,441 residents
- 99516
Anchorage (99516)
20,095 residents
- 99501
Anchorage (99501)
17,603 residents
- 99517
Anchorage (99517)
16,645 residents
- 99518 10,225
Anchorage (99518)
10,225 residents
- 99506 7,749
Jber (99506)
7,749 residents
What this shows Among its immediate neighbors, ZIP 99508 ranks #3 by population - useful context the national average alone can't give.
ZIP 99508 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 99516
Anchorage (99516)
$173,984 median income
- 99515
Anchorage (99515)
$113,995 median income
- 99507
Anchorage (99507)
$107,992 median income
- 99517
Anchorage (99517)
$103,880 median income
- 99518
Anchorage (99518)
$93,995 median income
- 99504
Anchorage (99504)
$86,710 median income
- 99508
Anchorage (99508)
$79,314 median income
- 99506
Jber (99506)
$76,258 median income
- 99501
Anchorage (99501)
$70,891 median income
What this shows By household income, ZIP 99508 ranks #7 of 9 neighboring ZIPs, local affluence varies block to block, not just metro to metro.
| ZIP Code | City | Population | Distance |
|---|---|---|---|
| 99501 | Anchorage, AK | 17,603 | 2.0 mi |
| 99504 | Anchorage, AK | 40,914 | 2.3 mi |
| 99506 | Jber, AK | 7,749 | 4.3 mi |
| 99513 | Anchorage, AK | 0 | 2.6 mi |
| 99507 | Anchorage, AK | 37,850 | 3.7 mi |
| 99518 | Anchorage, AK | 10,225 | 3.7 mi |
| 99517 | Anchorage, AK | 16,645 | 4.1 mi |
| 99515 | Anchorage, AK | 22,441 | 6.3 mi |
| 99516 | Anchorage, AK | 20,095 | 9.5 mi |
Nationwide ZIPs with similar ACS profiles
Two Census-derived peer sets for ZIP 99508, both outside AK so the neighborhoods are not geographic containment (Nearby and same-county blocks stay local).
Similar population
Nearest cross-state ZIPs by resident population (35,857 here; floor ≥1,000).
Similar median household income
Nearest cross-state ZIPs by ACS median household income.
More ZIP Codes in Anchorage
Related Areas
Frequently Asked Questions
What county is ZIP code 99508 in?
ZIP code 99508 (Anchorage) is located in Anchorage, Alaska. Anchorage contains multiple ZIP codes, see the full list at /counties/anchorage-ak.
What is the population of ZIP code 99508?
ZIP code 99508 in Anchorage, AK has a population of 35,857 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 99508?
The median household income in ZIP 99508 is $79,314, which is 4% above the national average of $76,288.
What is the average home value in ZIP 99508?
The median home value in ZIP 99508 is $335,300, which is 21% above the national average of $278,155.
What is the demographic makeup of ZIP 99508?
The largest racial group in ZIP 99508 is White at 41.7%. Hispanic or Latino residents make up 11.2% of the population.
How many businesses are in ZIP code 99508?
ZIP code 99508 has 753 business establishments employing approximately 19,210 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 99508?
The top industries by establishment count in ZIP 99508 are: Health care and social assistance (394), Professional, scientific, and technical services (58), Other services (except public administration) (51). There are 16 industry sectors represented in total.
How have home values changed in ZIP code 99508?
According to the FHFA House Price Index, home values in ZIP 99508 increased by 3.7% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 150%. This is a developmental index based on repeat sales and appraisal data from Fannie Mae and Freddie Mac.
What is the education level in ZIP code 99508?
In ZIP code 99508, 59.4% of residents aged 25+ have a high school diploma or higher, and 28.8% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).
What is the average commute time in ZIP 99508?
The mean commute time for workers in ZIP code 99508 is 17.6 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend less time traveling to work than typical.
What percentage of residents own vs. rent in ZIP 99508?
In ZIP code 99508, approximately 53.2% of occupied housing units are owner-occupied and 46.8% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 99508?
The poverty rate in ZIP code 99508 is 18.3% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.
Related
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What to do with ZIP 99508's numbers, next.
- See how ZIP 99508 compares to a neighboring ZIP code on the same Census fields Compare this ZIP
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ZIP Code Tabulation Areas (ZCTAs) are Census Bureau approximations of USPS ZIP codes; figures describe the ZCTA area, not any single address within it.