Happy Valley, AK

Full City Profile · Alaska · Kenai Peninsula Borough County

3.4 /5.0
B Good
773 Population 9/sq mi density
$55,521 Median Income $41,778 per capita
$208,600 Home Value $329,734 Zillow
37°F Avg Temperature
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
C+
Economy
2.8 / 5.0
$55,521 median income, 9.3% unemployment
A+
Affordability
4.6 / 5.0
$208,600 home value, /mo rent
C+
Education
2.9 / 5.0
23.4% bachelor's degree or higher

Happy Valley, AK

At a Glance

Median Income
$55,521
26% below
$41,778 per capita
Home Value
$208,600
26% below
Zillow: $329,734
Bachelor's Degree+
23.4%
31% below
92.4% high school+
Unemployment
9.3%
158% above
10.5% poverty rate
Obesity Rate
34.0%
6% above
19.2% smoking rate
Avg Temperature
37°F

How Happy Valley Compares to the U.S. Average

Each bar shows Happy Valley's value as a percentage of the national average (100% = U.S. avg)

Income
74%
Home Value
74%
Poverty
85%
Bachelor's
69%
Unemployment
258%
Thin vertical line = U.S. national average (100%)

Is Happy Valley a Good Place to Live?

B
3.4 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Happy Valley residents earn a median household income of $55,521 , which is 26% below the national average of $75,149. Per capita income is $41,778. The unemployment rate stands at 9.3% (158% above the U.S. rate of 3.6%). 10.5% of residents live below the poverty line. The area is home to 2,368 business establishments, including 314 restaurants.

Housing & Cost of Living

The median home value in Happy Valley is $208,600 , 26% below the national median of $281,900. Zillow estimates the typical home at $329,734. The cost of living index is 102.4 (100 = national average). The median home was built in 1995.

Education

23.4% of adults in Happy Valley hold a bachelor's degree or higher (31% below the national average). 92.4% have completed high school. Local schools score 6.0/10 in standardized testing.

Climate & Weather

Happy Valley has an average annual temperature of 37°F (3°C). Winters average 23°F in January while summers reach 54°F in July. Annual precipitation totals 29.7 inches.

Data Overview

People

Population773
Median Age61.5 yrs
Density9/mi²
Male / Female51% / 49%
Foreign Born1.4%
Veterans20.9%

Economy

C+
Median Income$55,521
Per Capita$41,778
Unemployment9.3%
Poverty10.5%
County GDP$3,590M
Avg Weekly Wage$1,200

Housing

A+
Home Value$208,600
Rent
Ownership91.3%
Zillow$329,734
Housing Units622
Rent Burden29.6%

Health

Obesity34.0%
Diabetes8.9%
Smoking19.2%
Heart Disease6.5%
Premature Death8,874/100K

Climate

Avg Temp37°F
Rain29.7 in/yr
Elevation906 ft

Education

C+
Bachelor's+23.4%
High School+92.4%
Graduate+9.3%
School Score6.0/10

Community

2024 VoteR 56% / D 44%
Commute25 min
Broadband73.8%
Internet Speed82 Mbps
EV Stations3
Libraries11

Did You Know?

The median home in Happy Valley was built in 1995.
15.6% work from home.
The nearest airport is Ted Stevens Anchorage International (102 miles).
The Gini coefficient (income inequality) is 0.454 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Moderate" by FEMA.
32.5% of the population has a disability.
There are 314 restaurants in the area.
The county recorded 13 fatal vehicle crashes.
91 declared natural disasters on record.