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A tight-supply market with no rental pool to price against. Demand is visible here; the rent math is not.
What would change this read: the median listing price is −5.3% YoY. inventory, +7.1% YoY, is the number to watch.
The median listing price is down 5.3% YoY while the median home got down 11.3% bigger, so value per square foot is up 14.1%.
U.S. Census ACS characteristics for ZIP 99518 itself, not its parent county.
Renters hold 42.3% of this ZIP's 4,196 occupied households, on a median household income of $94K.
| Measure | ZIP 99518 | Anchorage Municipality | Difference |
|---|---|---|---|
| Median Household Income | $94K | $103K | -$9K |
| Below Poverty Level | 7.8% | 8.9% | -1.1% |
| Median Age | 31.90 | 35.20 | -3.30 |
| Total Population | 9,764 | 288,976 | -- |
| Avg Household Size | 2.32 | 2.59 | -0.27 |
| Owner-Occupied | 57.7% | 63.9% | -6.2% |
| Worked From Home | 8.4% | 10.9% | -2.5% |
| Mean Commute | 15.60 | 18.80 | -3.20 |
Higher or lower is not itself good or bad — it describes the neighborhood, not the investment.
ZIP-level figures come from ZIP Code Tabulation Areas, which approximate but do not exactly match USPS ZIP codes. A missing value is suppressed or unavailable at this sample size, not zero. Estimates for 2019–2020 use the 2010 ZCTA boundaries and 2021–2024 the 2020 ones, so a step between those two years may be a boundary change rather than real movement.
County population is down 0.0% to 288,976: residents under 18 are down 1.0% and those 65 and over are up 3.5%.
County median household income is $103K, 8.9% of residents are below the poverty level, 10.9% work from home.