Anchorage, AK · standard
ZIP Code 99516
Anchorage County, Alaska — Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 20,095
- 181/sq mi
- $173,984
- Median income
- $607,200
- Median home value
- 58.3%
- Bachelor's or higher
The verdict
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.
ZIP code 99516 is classified by USPS as a standard delivery area and covers roughly 111.3 square miles in Anchorage, Anchorage County, Alaska. The area is home to 20,095 residents, producing a population density of 181 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 99516 against Alaska and the nation.
On the economic side, the median household income for ZIP 99516 sits at $173,984 (140% above the Alaska average), while per-capita income is $75,467. The poverty rate stands at 4.4% and the unemployment rate at 3.2%. On housing, the median home value is $607,200 (189% above the state average) with median rent at $1,314 per month, and 90.6% of occupied units are owner-occupied, a direct signal of whether 99516 behaves more like a homeowner neighborhood or a renter-heavy ZIP.
Education and household profile round out the picture: 58.3% of adults hold a bachelor's degree or higher, the median age is 41.1, and the average commute is 22 minutes. We also surface 4 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Anchorage County, so you can benchmark 99516 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 99516
Top 5 sectors by establishment count
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 + HUD FMR + FHFA HPI ACS demographics, ZBP business establishments, HUD Fair Market Rents, 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; HUD FMR + 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
$75,467
Per Capita Income
4.4%
Poverty Rate
3.2%
Unemployment Rate
21.9 min
Mean Commute Time
How ZIP 99516 ranks nationally
Household income vs. every US ZIP code
Median household income — the full national distribution, with this ZIP marked
$173,984 Top 2% higher than 98% 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?
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
$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.
More ZIP Codes in Anchorage County
Related Areas
Frequently Asked Questions
What county is ZIP code 99516 in? ▼
What is the population of ZIP code 99516? ▼
What is the median household income in ZIP 99516? ▼
What is the average home value in ZIP 99516? ▼
What is the demographic makeup of ZIP 99516? ▼
How many businesses are in ZIP code 99516? ▼
What are the main industries in ZIP code 99516? ▼
How have home values changed in ZIP code 99516? ▼
What is the education level in ZIP code 99516? ▼
What is the average commute time in ZIP 99516? ▼
What percentage of residents own vs. rent in ZIP 99516? ▼
What is the poverty rate in ZIP code 99516? ▼
ZIP Code Research Guides
Official Data Resources for Anchorage, AK
Verify and explore additional data for this area using these official government sources.
Read our methodology to see how this data is sourced, computed, and verified.