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Apartments For Rent in Anchorage, AK

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Apartments for Rent in Anchorage, AK

Anchorage, Alaska is a mid-sized city with a population of just over 298,000. At an average age of just over 35, the city's population is fairly typical compared to other cities in the state, which has an average age of 35. Renters tend to be in the minority in the area, and 60% of residents own their homes. The average rent is a bit above the state average of $1,292/month.

Averaging about 20 minutes, the commute time for Anchorage residents is longer than almost 80% of cities in the state. Driving is the most common means of commuting to work, selected by 46% of commuters, while public transit is not used much. Few workers (2%) commute on foot, though the number is higher than the national average.

Among Anchorage residents older than 25, 14% have earned a Bachelor's degree and 7% possess a Master's degree or Doctorate. There are plenty of industries from which to choose in Anchorage, the most common four of which are healthcare, retail, entertainment, and public administration. Combined, these industries make up 26% of the labor force in the city. Meanwhile, looking at job function, many of the city's residents work in sales, as 9% of the city's population reports this as their field of work, the highest number of any field. Anchorage workers take home an average annual income of about $96K, a little more than the average Alaska resident. The city's average income also compares favorably to the national average ($73,345).