Anchorage, AK · standard
ZIP Code 99516
Anchorage, Alaska - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 20,095
- 181/sq mi High-density area
- $173,984
- Median income Above-median income area
- $607,200
- Median home value Above-median home value
- 58.3%
- Bachelor's or higher Above-average bachelor's attainment
National ZIP placement
Anchorage pairs a top-decile household income with top-decile home values, in a rural, homeowner-dominated area.
- Top 2%
- household income, US ZIPs
- Top 9%
- home value, US ZIPs
- 181
- people per sq mi
- 91%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 99516 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 99516 (Anchorage, AK) rose +6.5% from 2023 to 2024. The all-transactions index moved from 230.6 in 2023 to 245.7 in 2024 (2000 = 100).
ZIP code 99516 is a densely settled ZIP (a standard USPS delivery area) in Anchorage, Anchorage, Alaska, with 20,095 residents across 111.3 square miles, a density of 181 people per square mile, in the Anchorage time zone.
ZIP 99516 skews affluent, with a median household income of $173,984 (140% above the average Alaska ZIP), while per-capita income is $75,467. Both reported hardship measures are comparatively low in absolute terms: poverty is 4.4% and unemployment is 3.2%. Housing is both higher-cost and owner-heavy: median home value is $607,200 (189% above the average Alaska ZIP), while 90.6% of occupied homes are owner-occupied and median rent is $1,314.
This is a highly-educated ZIP: 58.3% of adults hold a bachelor's degree or higher, the median age is 41.1, and the average commute is 22 minutes. The page also surfaces 4 ZIP codes within roughly 10 miles and 6 more in Anchorage, so 99516 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 99516
Top 5 sectors by establishment count in Anchorage, AK
Which industries have the most business establishments in ZIP 99516.
- Construction
Construction
94 establishments
- Professional, scientific, and technical services
Professional, scientific, and technical services
69 establishments
- Health care and social assistance
Health care and social assistance
47 establishments
- Administrative and support and waste management and remediation services 27
Administrative and support and waste management and remediation services
27 establishments
- Other services (except public administration) 23
Other services (except public administration)
23 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 99516, 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
20,095
Population
111.3
Area (sq mi)
181
People / sq mi
Anchorage
Time Zone
standard
ZIP Type
Who lives in ZIP 99516?
41.1
Median Age
48.7%
Male
51.3%
Female
5.7%
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?
$173,984
Median Household Income
+140% vs state ZIP avg
$75,467
Per Capita Income
4.4%
Poverty Rate
3.2%
Unemployment Rate
21.9 min
Mean Commute Time
How ZIP 99516 ranks among Alaska ZIPs
Anchorage, AK household income vs. every Alaska ZIP code
Median household income among 197 reporting Alaska ZIPs (this ZIP's population is too small for a reliable national-corpus placement)
$173,984 Top 1% higher than 99% of 197 Alaska ZIPs
Each bar is a $20K-wide band; taller bars hold more Alaska 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
7,734housing units
7,734
Total Housing Units
7,359
Occupied Units
375
Vacant Units
2.91
Avg Household Size
Occupancy Type
$607,200
Median Home Value
+189% vs state ZIP avg
$1,314
Median Rent
1987
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
+6.5%
YoY Change (2024)
246
HPI Index (2000 = 100)
+146%
Total Change Since 2000
Home values in ZIP 99516 have increased 6.5% over the past year (2024). Since 2000, this ZIP has seen +146% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +0.7% | 188 |
| 2021 | +5.6% | 198 |
| 2022 | +9.9% | 218 |
| 2023 | +5.8% | 231 |
| 2024 | +6.5% | 246 |
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 344 business establishments in ZIP 99516, employing approximately 1,158 people with a combined annual payroll of $86,448,000.
344
Businesses
1,158
Employees
$86.4M
Annual Payroll
13
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Construction | 94 | 27.3% |
| Professional, scientific, and technical services | 69 | 20.1% |
| Health care and social assistance | 47 | 13.7% |
| Administrative and support and waste management and remediation services | 27 | 7.8% |
| Other services (except public administration) | 23 | 6.7% |
| Real estate and rental and leasing | 22 | 6.4% |
| Arts, entertainment, and recreation | 13 | 3.8% |
| Wholesale trade | 10 | 2.9% |
| Accommodation and food services | 10 | 2.9% |
| Retail trade | 8 | 2.3% |
| Transportation and warehousing | 8 | 2.3% |
| Finance and insurance | 4 | 1.2% |
| Agriculture, forestry, fishing and hunting | 3 | 0.9% |
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 99516 vs 99507 →
ZIP 99516 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
- 99516
Anchorage (99516)
20,095 residents
- 99501
Anchorage (99501)
17,603 residents
What this shows Among its immediate neighbors, ZIP 99516 ranks #4 by population - useful context the national average alone can't give.
ZIP 99516 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
- 99507
Anchorage (99507)
$107,992 median income
- 99504
Anchorage (99504)
$86,710 median income
- 99508
Anchorage (99508)
$79,314 median income
- 99501
Anchorage (99501)
$70,891 median income
What this shows By household income, ZIP 99516 ranks the highest of 5 neighboring ZIPs, local affluence varies block to block, not just metro to metro.
Nationwide ZIPs with similar ACS profiles
Two Census-derived peer sets for ZIP 99516, 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 (20,095 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 99516 in?
ZIP code 99516 (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 99516?
ZIP code 99516 in Anchorage, AK has a population of 20,095 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 99516?
The median household income in ZIP 99516 is $173,984, which is 128% above the national average of $76,288.
What is the average home value in ZIP 99516?
The median home value in ZIP 99516 is $607,200, which is 118% above the national average of $278,155.
What is the demographic makeup of ZIP 99516?
The largest racial group in ZIP 99516 is White at 71.3%. Hispanic or Latino residents make up 7.1% of the population.
How many businesses are in ZIP code 99516?
ZIP code 99516 has 344 business establishments employing approximately 1,158 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 99516?
The top industries by establishment count in ZIP 99516 are: Construction (94), Professional, scientific, and technical services (69), Health care and social assistance (47). There are 13 industry sectors represented in total.
How have home values changed in ZIP code 99516?
According to the FHFA House Price Index, home values in ZIP 99516 increased by 6.5% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 146%. 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 99516?
In ZIP code 99516, 74.2% of residents aged 25+ have a high school diploma or higher, and 58.3% 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 99516?
The mean commute time for workers in ZIP code 99516 is 21.9 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 99516?
In ZIP code 99516, approximately 90.6% of occupied housing units are owner-occupied and 9.4% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 99516?
The poverty rate in ZIP code 99516 is 4.4% 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 99516's numbers, next.
- See how ZIP 99516 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.