These Are The 10 Richest Cities In Alaska For 2018


We analyzed over 23 places in Alaska to determine where the 1% live.

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Cordova, Unalaska, Juneau: These cities aren’t just some of the best places to live in Alaska. They are also home to some of the richest people in the Last Frontier.

Cordova in particular houses the richest residents in the state thanks, in part, to a median household income of $107,771 and a ridiculously low poverty rate of 4.2%.

If you’re thinking of moving to one of these towns, you’ll probably need to start saving. The richest places in Alaska share common characteristics such as having a genius level populous, sky high home prices, and a Pleasantville level of married couples.

How did we come up with these mega wealthy cities? We analyzed Census data from the 2012-2016 American Community Survey for the 23 places in Alaska with more than 2,000 people.

At the end of the day, here’s the set of the 10 richest places in Alaska for 2018:

  1. Cordova (Photos | Homes For Sale)
  2. Unalaska (Photos | Homes For Sale)
  3. Juneau (Photos | Homes For Sale)
  4. Anchorage (Photos | Homes For Sale)
  5. Dillingham (Photos | Homes For Sale)
  6. Sitka (Photos | Homes For Sale)
  7. Seward (Photos | Homes For Sale)
  8. Valdez (Photos | Homes For Sale)
  9. Kodiak (Photos | Homes For Sale)
  10. Soldotna (Photos | Homes For Sale)

For more on how we calculated the top ten, read on or skip to the end for the full list of the richest cities in Alaska.

Rich people not your cup of tea? Feel free to check out the best places to live in Alaska or the poorest.

How We Determined The Richest Places In Alaska For 2018

Map Of The Richest Cities In Alaska
The first thing that comes to most people’s minds when they think about determining the richest places is to simply identify personal incomes. After all, rich people have really high salaries.

However, we don’t believe that one statistic wholly encompasses what it means to be one of the “richest places”. So we looked at this set of criteria from the newly released 2012-2016 American Community Survey:

  • Poverty Level
  • Median Household Income
  • Unemployment Rate

Median household income is the most digestible way to understand how rich a place really is. The unemployment rate tries to capture the prospects for more people to become rich. If more people are employed, the richer the future looks.

After we collected the data for all 23 places with more than 2,000 people in Alaska, we ranked each place from 1 to 23 for each of the criteria, with 1 being the richest.

We then averaged all the rankings for a place into a “Rich Score” with the place having the lowest overall Rich Score, Cordova, crowned the “Richest Place In Alaska For 2018”.

You can learn more about the top ten below or skip to the end to see the rankings for all 23 places.

1. Cordova

Cordova, Alaska

Source: Public domain

Population: 3,047
Median Income: $107,771
Unemployment Rate: 4.3%
Poverty Rate: 4.2%
More on Cordova: Homes For Sale | Data

2. Unalaska

Unalaska, Alaska

Source: Public domain

Population: 4,710
Median Income: $92,083
Unemployment Rate: 0.9%
Poverty Rate: 6.5%
More on Unalaska: Homes For Sale | Data

3. Juneau

Juneau, Alaska

Population: 32,524
Median Income: $87,436
Unemployment Rate: 4.9%
Poverty Rate: 7.4%
More on Juneau: Homes For Sale | Data
The City and Borough of Juneau (/duno/ JOO-noh; Tlingit: Dzánti K’ihéeni [tsántì kìhínì]), commonly known as Juneau, is the capital city of Alaska. It is a unified municipality located on the Gastineau Channel in the Alaskan panhandle, and it is the second largest city in the United States by area. Juneau has been the capital of Alaska since 1906, when the government of what was then the District of Alaska was moved from Sitka as dictated by the U.S. Congress in 1900.[citation needed] The municipality unified on July 1, 1970, when the city of Juneau merged with the city of Douglas and the surrounding Greater Juneau Borough to form the current municipality, which is larger by area than both Rhode Island and Delaware.

4. Anchorage

Anchorage, Alaska

Population: 299,321
Median Income: $80,862
Unemployment Rate: 6.0%
Poverty Rate: 8.1%
More on Anchorage: Homes For Sale | Data
Anchorage (officially called the Municipality of Anchorage) (Dena’ina Athabascan: Dgheyaytnu) is a unified home rule municipality in the U.S. state of Alaska. With an estimated 298,192 residents in 2016, it is Alaska’s most populous city and contains more than 40 percent of the state’s total population; among the 50 states, only New York has a higher percentage of residents who live in its most populous city. All together, the Anchorage metropolitan area, which combines Anchorage with the neighboring Matanuska-Susitna Borough, had a population of 401,635 in 2016, which accounts for more than half of the state’s population.

5. Dillingham

Dillingham, Alaska

Source: Public domain

Population: 2,296
Median Income: $71,146
Unemployment Rate: 4.8%
Poverty Rate: 8.9%
More on Dillingham: Homes For Sale | Data

6. Sitka

Sitka, Alaska

Population: 8,921
Median Income: $70,160
Unemployment Rate: 4.5%
Poverty Rate: 9.0%
More on Sitka: Homes For Sale | Data
The City and Borough of Sitka (Tlingit: Sheetká), formerly Novo-Arkhangelsk, or New Archangel under Russian rule (Russian: – or a, t Novoarkhangelsk), is a unified city-borough located on Baranof Island and the southern half of Chichagof Island in the Alexander Archipelago of the Pacific Ocean (part of the Alaska Panhandle), in the U.S. state of Alaska. As of the 2010 census, the population was 8,881. In terms of land area, it is the largest city-borough in the U.S., with a land area of 2,870.3 square miles (7,434 square kilometres) and a total area (including water area) of 4,811.4 square miles (12,461 square kilometres); however, it is the smallest of Alaska’s boroughs. Urban Sitka, the part that is usually thought of as the “city” of Sitka, is on the west side of Baranof Island.

7. Seward

Seward, Alaska

Source: Public domain

Population: 2,714
Median Income: $70,000
Unemployment Rate: 8.0%
Poverty Rate: 7.2%
More on Seward: Homes For Sale | Data

8. Valdez

Valdez, Alaska

Population: 3,930
Median Income: $80,357
Unemployment Rate: 10.7%
Poverty Rate: 7.0%
More on Valdez: Homes For Sale | Data

9. Kodiak

Kodiak, Alaska

Population: 6,272
Median Income: $67,571
Unemployment Rate: 2.4%
Poverty Rate: 10.6%
More on Kodiak: Homes For Sale | Data
Kodiak (Alutiiq: Sun’aq; Russian: , tr. Kadyak) is one of seven communities and the main city on Kodiak Island, Kodiak Island Borough, in the U.S. state of Alaska. All commercial transportation between the entire island and the outside world goes through this city either via ferryboat or airline. The population was 6,130 as of the 2010 census. 2014 estimates put the population at 6,304.

10. Soldotna

Soldotna, Alaska

Population: 4,471
Median Income: $67,434
Unemployment Rate: 9.2%
Poverty Rate: 5.0%
More on Soldotna: Homes For Sale | Data

There You Have It – The Wealthiest Places In Alaska For 2018

Like we said earlier, when we set out to identify the richest places in Alaska, we weren’t sure what we’d encounter, but it ended up being some of the best places to live in Alaska.

When you look at the data, the cities and places mentioned above meet the criteria for being at the very top of the income ladder for everyone that lives there.

If you’re curious enough, here are the poorest cities in Alaska, according to data:

Poorest: Houston
2nd Poorest: Wasilla
3rd Poorest: Ketchikan

For more Alaska reading, check out:

  • 10 Best Places To Live In Alaska
  • 10 Worst Places To Live In Alaska
  • 10 Most Dangerous Cities In Alaska
  • Detailed List Of The Richest Cities In Alaska

    Rank City RichScore Median Income
    1 Cordova 1.67 $107,771
    2 Unalaska 2.0 $92,083
    3 Juneau 5.0 $87,436
    4 Anchorage 6.33 $80,862
    5 Dillingham 7.67 $71,146
    6 Sitka 8.0 $70,160
    7 Seward 9.33 $70,000
    8 Valdez 9.67 $80,357
    9 Kodiak 9.67 $67,571
    10 Soldotna 10.33 $67,434
    11 North Pole 10.83 $69,806
    12 Homer 13.0 $57,471
    13 Wrangell 14.17 $52,986
    14 Nome 14.33 $78,507
    15 Bethel 14.83 $77,631
    16 Kenai 16.0 $58,732
    17 Kotzebue 16.0 $85,278
    18 Palmer 16.33 $59,718
    19 Barrow 16.5 $78,804
    20 Fairbanks 17.0 $56,306
    21 Ketchikan 17.33 $53,937
    22 Wasilla 17.33 $61,774
    23 Houston 22.67 $52,500

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