PlainZIP

Anchorage, AK · standard

ZIP Code 99508

Anchorage County, Alaska — Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.

35,857
1,995/sq mi
$79,314
Median income
$335,300
Median home value
28.8%
Bachelor's or higher

The verdict

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.

ZIP code 99508 is classified by USPS as a standard delivery area and covers roughly 18.0 square miles in Anchorage, Anchorage County, Alaska. The area is home to 35,857 residents, producing a population density of 1,995 people per square mile, and falls within the Anchorage time zone. These USPS and Census boundary values drive every downstream statistic on this page, including the benchmarks that compare 99508 against Alaska and the nation.

On the economic side, the median household income for ZIP 99508 sits at $79,314 (9% above the Alaska average), while per-capita income is $36,310. The poverty rate stands at 18.3% and the unemployment rate at 6.3%. On housing, the median home value is $335,300 (60% above the state average) with median rent at $1,370 per month, and 53.2% of occupied units are owner-occupied, a direct signal of whether 99508 behaves more like a homeowner neighborhood or a renter-heavy ZIP.

Education and household profile round out the picture: 28.8% of adults hold a bachelor's degree or higher, the median age is 32.3, and the average commute is 18 minutes. We also surface 9 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Anchorage County, so you can benchmark 99508 against its immediate geography rather than a national average alone. Every figure is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates, HUD Fair Market Rents, and FHFA Home Price Index data, no estimates, no proprietary scoring. Verify with HUD →

Top industries in ZIP 99508

Top 5 sectors by establishment count

Which industries have the most business establishments in ZIP 99508.

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 · ZIP Code Business Patterns (ZBP) As of 2023

Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + HUD FMR + FHFA HPI ACS demographics, ZBP business establishments, HUD Fair Market Rents, 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; HUD FMR + 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

Neighborhood Scorecard
Get an A-F grade across income, safety, housing, rent, education, commute, and childcare for this ZIP code.
View Scorecard →

Who lives in ZIP 99508?

32.3

Median Age

49.7%

Male

50.3%

Female

14.8%

Foreign-Born

White 41.7%
African American 6.2%
Asian 13.9%
American Indian or Alaska Native 9.8%
Native Hawaiian or Pacific Islander 8.1%
Two or More Ethnicities 15.2%
Hispanic or Latino 11.2%

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

$36,310

Per Capita Income

18.3%

Poverty Rate

6.3%

Unemployment Rate

17.6 min

Mean Commute Time

How ZIP 99508 ranks nationally

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

$0–$20,000: 118 US ZIPs (0%). Below this entry. $20,000–$40,000: 1,573 US ZIPs (5%). Below this entry. $40,000–$60,000: 7,092 US ZIPs (23%). Below this entry. $60,000–$80,000: 9,980 US ZIPs (33%). This entry sits in this band. $80,000–$100,000: 5,778 US ZIPs (19%). Above this entry. $100,000–$120,000: 2,855 US ZIPs (9%). Above this entry. $120,000–$140,000: 1,362 US ZIPs (4%). Above this entry. $140,000–$160,000: 686 US ZIPs (2%). Above this entry. $160,000–$180,000: 364 US ZIPs (1%). Above this entry. $180,000–$200,000: 186 US ZIPs (1%). Above this entry. $200,000–$220,000: 324 US ZIPs (1%). Above this entry. This ZIP $0 $200K+ every reporting US ZIP, bucketed by value

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?

High School Graduate or Higher 59.4%
Bachelor's Degree or Higher 28.8%

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What does housing look like?

14,257

Total Housing Units

12,702

Occupied Units

1,555

Vacant Units

2.75

Avg Household Size

Occupancy Type

Owner 53.2%
Renter 46.8%

$335,300

Median Home Value

+60% vs state

$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.

residents

What this shows Among its immediate neighbors, ZIP 99508 ranks #3 by population — useful context the national average alone can't give.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023

ZIP 99508 vs its nearest neighbors, by median income

Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.

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.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023
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

More ZIP Codes in Anchorage County

99504 standard
Anchorage, AK
Pop: 40,914
99507 standard
Anchorage, AK
Pop: 37,850
99577 standard
Eagle River, AK
Pop: 25,771
99502 standard
Anchorage, AK
Pop: 24,168
99515 standard
Anchorage, AK
Pop: 22,441
99516 standard
Anchorage, AK
Pop: 20,095

Related Areas

Anchorage County Anchorage, AK Alaska

Frequently Asked Questions

What county is ZIP code 99508 in? ▼
ZIP code 99508 (Anchorage) is located in Anchorage County, Alaska. Anchorage County 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.

ZIP Code Research Guides

Reading Census Demographics
How to interpret population, income, and education data from the Census Bureau.
Understanding ZIP Code Data
What ZIP codes are, how ZCTAs differ, and what the data reveals.
Best ZIP Codes for Families
Key factors to evaluate when choosing a family-friendly neighborhood.
ZIP Codes for Relocation
Data-driven tips for evaluating ZIP codes before a move.

Official Data Resources for Anchorage, AK

Verify and explore additional data for this area using these official government sources.

U.S. Census Bureau
Official demographic, economic, and housing data from the American Community Survey.
HUD Fair Market Rents
Department of Housing and Urban Development rental cost estimates by metropolitan area.
FBI Uniform Crime Reports
Official crime statistics compiled from law enforcement agencies nationwide.
FHFA House Price Index
Federal Housing Finance Agency home value trends based on repeat sales and appraisals.

Read our methodology to see how this data is sourced, computed, and verified.