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Happy Valley, AK

Full City Profile · Alaska · Kenai Peninsula Borough County

3.0 /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 269 sunny days/yr
595 Violent Crime/100K 4,481 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.6 / 5.0
$55,521 median income, 3.7% unemployment
A+
Affordability
4.6 / 5.0
$208,600 home value, /mo rent
F
Safety
1.0 / 5.0
595 violent crimes/100K (57% above avg)
C+
Education
2.9 / 5.0
23.4% bachelor's degree or higher

Income Overview

Median Household Income
$55,521
26% below
US avg: $75,149
Per Capita Income
$41,778
7% above
US avg: $39,052
Unemployment Rate
3.7%
3% above
US avg: 3.6%
Poverty Rate
10.5%
15% below
US avg: 12.4%

Income Comparison: Happy Valley vs. U.S. Average

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

Median Household
US: $75,149
$55,521
74%
Per Capita
US: $39,052
$41,778
107%
IRS Avg AGI
US: $72,000
$85,064
118%
Avg Weekly Wage
US: $1,432
$1,200
84%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,200
16% below US avg ($1,432)
Mean Commute Time
25 min
10% below US avg (28 min)
Work From Home
15.6%
3% above US avg (15.2%)
Drive Alone
68.7%
6% below US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$3,590M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 68.7%
Public Transit 0%
Work From Home 15.6%
Other 15.7%
Average commute time
25 minutes
US avg: 28 min

Business Landscape

Total Establishments
2,368
Restaurants
314
Healthcare
271
Retail
270
Manufacturing
71

Tax & Financial

IRS Avg Adjusted Gross Income
$85,064
18% above US avg ($72,000)
Avg Property Tax
$5,008
43% above US avg ($3,500)
Cost of Living Index
102.4
Above national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$55,521
Per Capita Income$41,778
IRS Avg Adjusted Gross Income$85,064
Avg Weekly Wage$1,200
County GDP$3,590M

Hardship Indicators

Unemployment Rate3.7%
Poverty Rate10.5%
Gini Coefficient0.454
Cost of Living Index102.4

Commute

Mean Commute25 minutes
Drive Alone68.7%
Public Transit0.0%
Work From Home15.6%

Businesses

Total Establishments2,368
Restaurants314
Healthcare271
Retail270
Manufacturing71

Tax

IRS Avg AGI$85,064
Avg Property Tax$5,008