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.

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 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

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 99516?

41.1

Median Age

48.7%

Male

51.3%

Female

5.7%

Foreign-Born

White 71.3%
African American 2.5%
Asian 4.5%
American Indian or Alaska Native 4.9%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 14.9%
Hispanic or Latino 7.1%

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

$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%). Below this entry. $80,000–$100,000: 5,778 US ZIPs (19%). Below this entry. $100,000–$120,000: 2,855 US ZIPs (9%). Below this entry. $120,000–$140,000: 1,362 US ZIPs (4%). Below this entry. $140,000–$160,000: 686 US ZIPs (2%). Below this entry. $160,000–$180,000: 364 US ZIPs (1%). This entry sits in this band. $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 74.2%
Bachelor's Degree or Higher 58.3%

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

Owner 90.6%
Renter 9.4%

$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)

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.

residents

What this shows Among its immediate neighbors, ZIP 99516 ranks #4 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 99516 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 99516 ranks the highest of 5 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
99507 Anchorage, AK 37,850 5.7 mi
99504 Anchorage, AK 40,914 9.2 mi
99508 Anchorage, AK 35,857 9.5 mi
99501 Anchorage, AK 17,603 11.3 mi

More ZIP Codes in Anchorage County

Frequently Asked Questions

What county is ZIP code 99516 in?
ZIP code 99516 (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 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.

ZIP Code Research Guides

Official Data Resources for Anchorage, AK

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