South Lakes, AK

Full City Profile · Alaska · Anchorage Municipality County

3.6 /5.0
B+ Good
6,132 Population 786/sq mi density
$89,632 Median Income $42,248 per capita
$367,700 Home Value $408,225 Zillow
$1,191 Median Rent 32.9% income on rent
37°F Avg Temperature
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.7 / 5.0
$89,632 median income, 7.1% unemployment
A
Affordability
4.4 / 5.0
$367,700 home value, $1,191/mo rent
C+
Education
2.9 / 5.0
23.3% bachelor's degree or higher

South Lakes, AK

At a Glance

Median Income
$89,632
19% above
$42,248 per capita
Home Value
$367,700
30% above
Zillow: $408,225
Median Rent
$1,191/mo
2% above
32.9% of income on rent
Bachelor's Degree+
23.3%
31% below
95.7% high school+
Unemployment
7.1%
97% above
12.6% poverty rate
Obesity Rate
35.9%
12% above
15.6% smoking rate
Avg Temperature
37°F

How South Lakes Compares to the U.S. Average

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

Income
119%
Home Value
130%
Rent
102%
Poverty
102%
Bachelor's
69%
Unemployment
197%
Thin vertical line = U.S. national average (100%)

Is South Lakes a Good Place to Live?

B+
3.6 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

South Lakes residents earn a median household income of $89,632 , which is 19% above the national average of $75,149. Per capita income is $42,248. The unemployment rate stands at 7.1% (97% above the U.S. rate of 3.6%). 12.6% of residents live below the poverty line. The area is home to 8,829 business establishments, including 785 restaurants.

Housing & Cost of Living

The median home value in South Lakes is $367,700 , 30% above the national median of $281,900. Zillow estimates the typical home at $408,225. Median rent is $1,191/month, with 32.9% of renters spending more than 30% of income on housing. The cost of living index is 102.4 (100 = national average). The median home was built in 1988.

Education

23.3% of adults in South Lakes hold a bachelor's degree or higher (31% below the national average). 95.7% have completed high school. Local schools score 4.9/10 in standardized testing.

Climate & Weather

South Lakes has an average annual temperature of 37°F (3°C). Winters average 15°F in January while summers reach 59°F in July. Annual precipitation totals 12.6 inches.

Data Overview

People

Population6,132
Median Age33.0 yrs
Density786/mi²
Male / Female49% / 51%
Foreign Born2.0%
Veterans12.9%

Economy

B+
Median Income$89,632
Per Capita$42,248
Unemployment7.1%
Poverty12.6%
County GDP$32,113M
Avg Weekly Wage$1,436

Housing

A
Home Value$367,700
Rent$1,191
Ownership65.2%
Zillow$408,225
Housing Units2,367
Rent Burden32.9%

Health

Obesity35.9%
Diabetes7.7%
Smoking15.6%
Heart Disease5.3%
Premature Death9,853/100K

Climate

Avg Temp37°F
Rain12.6 in/yr
Elevation369 ft

Education

C+
Bachelor's+23.3%
High School+95.7%
Graduate+5.4%
School Score4.9/10

Community

2024 VoteR 44% / D 56%
Commute30 min
Broadband94.1%
Internet Speed134 Mbps
EV Stations4
Libraries5

Did You Know?

The median home in South Lakes was built in 1988.
The nearest airport is Ted Stevens Anchorage International (36 miles).
The Gini coefficient (income inequality) is 0.429 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively High" by FEMA.
11.0% of the population has a disability.
Average internet download speed is 134 Mbps.
There are 785 restaurants in the area.
The county recorded 20 fatal vehicle crashes.