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North Lakes, AK

Full City Profile · Alaska · Anchorage Municipality County

3.4 /5.0
B Good
10,583 Population 683/sq mi density
$102,785 Median Income $43,897 per capita
$338,900 Home Value $408,225 Zillow
$1,459 Median Rent 26.8% income on rent
37°F Avg Temperature 274 sunny days/yr
579 Violent Crime/100K 6,733 property/100K
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.7 / 5.0
$102,785 median income, 4.1% unemployment
A+
Affordability
4.8 / 5.0
$338,900 home value, $1,459/mo rent
F
Safety
1.0 / 5.0
579 violent crimes/100K (52% above avg)
B
Education
3.2 / 5.0
26.9% bachelor's degree or higher

Housing Overview

Median Home Value
$338,900
20% above
US avg: $281,900
Median Rent
$1,459/mo
25% above
US avg: $1,163/mo
Homeownership Rate
79.3%
21% above US avg (65.4%)
Total Housing Units
3,899
Median year built: 1996

Home Value by Source

Census Median
$338,900
Zillow (ZHVI)
$408,225
Median Sale Price
$439,919
Median List Price
$479,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

79.3%
Owner-Occupied
20.7%
Renter-Occupied
79%
21%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,061/mo
1 Bedroom
$1,194/mo
2 Bedroom
$1,467/mo
3 Bedroom
$1,941/mo
4 Bedroom
$2,304/mo
Census median rent: $1,459/mo

Market Indicators (Redfin)

Median Days on Market
184 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
2
Price Drops
18.2%
of listings with price reduction
Price Per Sq Ft
$282
Active Inventory
11
homes for sale

Affordability & Housing Stock

Rent Burden
26.8%
of renters spending 30%+ of income on housing
14% below US avg (31.0%)
Median Year Built
1996
Average age of housing stock: 30 years
Homeownership Rate
79.3%

Complete Housing Data

Home Values

Census Median Value$338,900
Zillow Home Value (ZHVI)$408,225
Median Sale Price$439,919
Median List Price$479,000
Price Per Sq Ft$282

Rent

Census Median Rent$1,459
FMR Studio$1,061
FMR 1-Bedroom$1,194
FMR 2-Bedroom$1,467
FMR 3-Bedroom$1,941
FMR 4-Bedroom$2,304

Market

Days on Market184
Sale-to-List Ratio1.0%
Price Drops18.2%
Homes Sold2
Active Inventory11
Price Per Sq Ft$282

Ownership & Stock

Owner-Occupied79.3%
Renter-Occupied20.7%
Homeownership Rate79.3%
Total Housing Units3,899
Median Year Built1996
Rent Burden26.8%