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Anchorage AK Real Estate
Stunning surroundings, a strong and diverse economic base, excellent recreational activities, low taxes, and cultural and ethnic diversity are among the reasons why nearly 42% of Alaska’s residents choose to make their homes in Anchorage AK, the state’s largest city. Nestled at the base of the Chugach Mountains along the coast of Cook Inlet in the south central part of the state, Anchorage blends modern metropolitan living with gorgeous, rugged, unspoiled wilderness. Anchorage AK businesses and residents both enjoy the lowest state and local taxes in the nation and benefit from Alaska’s Permanent Fund –royalties and taxes collected from the oil industry which contribute greatly to local and state funding. In fact, most families receive more income from Alaska’s Permanent Fund investments than they pay in state and local taxes. Real estate is affordable, with single-family homes, condominiums and townhouses offering stunning views available at reasonable prices.
Since statehood in 1959 Alaska’s population has tripled, with most of the home and population growth occurring in Anchorage AK. The city has a major international airport, a convenient bus system, and The Alaska Railroad – the only full-service railroad in North America providing passenger and freight services year-round. Home owners can ride to scenic destinations as well as many communities accessible only by rail. Anchorage AK is a popular travel destination for both American and foreign travelers.
Anchorage AK Schools
Anchorage AK real estate and home owners are served by Anchorage School District. Public schools provide Anchorage AK real estate and home owners with quality education for all grades. Private schools support additional educational needs of Anchorage AK real estate and home owners. The district receives continued community support from its real estate and home owners to keep up with the area’s growth.
Anchorage AK has an excellent public school system that is ranked among the finest in the nation. Students’ SAT and ACT scores are consistently above the national average and all of the area’s high schools offer Advanced Placement courses. Students can choose from four excellent, affordable higher educational facilities within the Anchorage AK city limits: the University of Alaska Anchorage, Alaska Pacific University, Charter College or the Wayland Baptist University.
Anchorage School District 460 DeBarr Road P.O. Box 196614 Anchorage, AK 99519 (907) 742-4000
Anchorage AK Real Estate Demographics and Geography
Anchorage AK offers its real estate and homeowners a wide variety of real estate options and favorable market rates. Single-family detached homes typically start in the $150,000 range with an average price of about $200,000. Luxury executive homes and stunning estate properties, many with breathtaking views of the Chugach Mountains or the Cook Inlet, can command prices anywhere from approximately $400,000 to the $1 million mark and beyond. Both condominiums and townhouses are readily available, starting at roughly $100,000 with median prices in the lower to mid-$100,000 range. Land and lots are available, mostly in the outer parts of city, for custom building.
Anchorage AK Real Estate Demographics Include:
Median Household Income $41,075 Owner Occupied Housing 28.9% Rental Occupied 61.1%
Anchorage AK Recreation
As part of the northernmost state, Anchorage AK has cold, snowy winters during which real estate and home owners can take advantage of more than 200 kilometers of groomed cross country ski trails and four local ski areas. City parks house facilities for ice skating, sledding and hiking. Anchorage AK real estate and home owners can have just as much fun in the summer backpacking, horseback riding, playing golf, kayaking and rafting. There are three lakes with swim areas in and around the city. Additionally, Anchorage has some of the best trout and salmon fishing in the entire world and is one of the few cities where fish can be safely caught in the heart of downtown.
Anchorage AK real estate and homeowners can also choose from a wide array of cultural attractions. The Anchorage Opera, the Anchorage Museum of History and Art, The Alaska Native Heritage Center and the Imaginarium are just a few of the city’s many cultural options. The city also celebrates its diversity and Native Alaskan culture with one of the nation’s largest pow-wows at the beginning of summer.
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