Richest Neighborhoods In Anchorage, AK For 2020


We used science and data to determine which Anchorage neighborhoods have the richest people.

Editor’s Note: We updated this article for 2020. This is our fifth time ranking the richest neighborhoods to live in Anchorage.
Richest Neighborhoods In Anchorage

Welcome to the land of the 1%. Where you’ll find lawyers, and doctors, and business executives. And while they probably aren’t made of ticky tacky, they are definitely made of money.

These are the wealthiest neighborhoods that Anchorage has to offer. Where houses go for over 2.86x the national median and household incomes are 2.8x the national median.

But where exactly in Anchorage do the richest of the rich people live? That would be Hillside East where the median income is a cool $154,079.

Here’s a look at the top 10 richest neighborhoods in Anchorage out of 38 for 2020.

What’s the richest neighborhood to live in Anchorage for 2020? According to the most recent census data, Hillside East looks to be the richest Anchorage neighborhood to live in.

Summing up the median income of those 10 neighborhoods adds up to $1,306,511. And that my friend, is more 0s than most of us will see in our bank account for a long, long time — if we ever get that lucky. Continue on to find where your neighborhood ranks amongst the richest in Anchorage. Once you’re done, you can look at the bottom of the story for a complete chart of every neighborhood we looked at from richest to poorest.

For more Anchorage reading, check out the best neighborhoods in Anchorage and the worst neighborhoods in Anchorage. Or, for living around Anchorage, out the best Anchorage suburbs and the worst Anchorage suburbs.

For more Alaska reading, check out:

How We Determined The Wealthiest Neighborhoods In Anchorage For 2020

Every city has it’s best neighborhoods — where everyone wants to live — and the worst neighborhoods — where no one wants to live. And then you have the wealthiest neighborhoods, where no one can afford to live.

And by no one, we really mean you because there’s always someone richer than you.

How do you quantify richer than you? We looked at one simple criterion:

Which neighborhoods have the highest median income?

Using census and extrapolated BLS data, we ranked every neighborhood based on income levels.

We ranked every neighborhood in Anchorage by median income from highest to lowest. The neighborhood with the highest median income, Hillside East, was named the richest neighborhood in Anchorage.

The poorest neighborhood? That would be Glen Alps.

Now a look at how all the neighborhoods in Anchorage ranked.

For more Alaska reading, check out:

Detailed List Of The Richest Neighborhoods In Anchorage For 2020

Rank Neighborhood Median Household Income<
1 Hillside East $154,079
2 Mid-Hillside $151,898
3 Huffman-O’malley $146,064
4 Rabbit Creek $144,752
5 Birchwood $130,254
6 South Fork $126,786
7 Bear Valley $120,764
8 Eagle River $111,606
9 Girdwood $110,579
10 Eagle River Valley $109,729
11 Old Seward-Oceanview $106,662
12 Turnagain Arm $102,270
13 Bayshore-Klatt $99,532
14 Tudor Area $97,616
15 Rogers Park $97,529
16 Scenic Foothills $96,812
17 Abbott Loop $94,572
18 Sand Lake $89,416
19 Chugiak $86,403
20 South Addition $85,614
21 Turnagain $85,383
22 Basher $84,141
23 Taku-Campbell $75,878
24 University Area $72,377
25 Campbell Park $71,930
26 Northeast $70,687
27 North Star $68,038
28 Government Hill $64,040
29 Airport Heights $61,774
30 Russian Jack Park $60,693
31 Spenard $58,055
32 Midtown $52,431
33 Mountain View $43,297
34 Fairview $42,652
35 Downtown $32,614
36 Eklutna Valley $0
37 Portage Valley $0
38 Glen Alps $0

About Chris Kolmar

Chris Kolmar has been in the real estate business for almost ten years now. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks.

He believes the key to finding the right place to live comes down to looking at the data, reading about things to do, and, most importantly, checking it out yourself before you move.

If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already.

You can find out more about him on LinkedIn or his website.