ZIP code 99610 Area Home Supply Charts

This page looks at a variety of ZIP code 99610 Alaska housing market data taken from the most recent 2022 American Community Survey census data. Housing units are structures such as a single family home, apartment community, mobile home park, public housing, etc. where a person or family live and live separately from other residents of the building. Figure 1 shows the total number of housing units for each city. 99610 depicts it has a Housing Units of 1,443 which is in the mid range of other zip codes in the metro area.

Figure 2 illustrates the housing density in the ZIP code 99610 housing market as measured by housing units per square land mile (includes single family homes, apartments, etc.) ZIP code 99610 depicts it has a Housing Density of 1.6 which is the smallest when sorted by housing density of all the other zip codes in the local area. The zip code with the highest housing density in the area is 99669 which depicts a density of 34.0 ( appreciably bigger). Comparing housing density to the United States average of 39.5, ZIP code 99610 is only about 3.9% the size. Also, compared to the state of Alaska, housing density of 0.6, ZIP code 99610 is approximately 2.7 times bigger.

In Figure 3, ZIP code 99610 area change in the number of housing units and is a forward gauge (along with population change) for any potential housing shortage. ZIP code 99610 depicts it has a Housing Unit Change of 7.4% which is the third most of all other zip codes in the greater region. The zip code with the highest change in the housing units in the area is 99568 which depicts a housing units of 35.9% (approximately 4.8 times bigger). Comparing change in the housing units to the United States average of 7.4%, ZIP code 99610 is about the same size. Also, benchmarked against the state of Alaska, change in the housing units of 5.7%, ZIP code 99610 is 30.9% larger.

Figure 4 shows the percentage of rental property based on that they are occupied by renters as a percent of the total number of households in the community (including homes, apartments, etc.) ZIP code 99610 shows it has a Renter Percent of 18.4% which is the third most renter percent of all other zip codes in the greater ZIP code 99610 region. Figure 5 illustrates the total number of housing units that are occupied by owners. it has a Owner Percent of 81.6% which is less than most other zip codes in the local area.

ZIP code 99610 Home Cost Charts

Figure 7 provides aggregate comparative data for the ZIP code 99610 Alaska metro area in terms of the median housing rental rate, apartment rent, etc. ZIP code 99610 shows it has a Median Gross Rent of $1,090 which is the second most rental rates of all the zip codes in the greater ZIP code 99610 region. The zip code with the highest rental rates in the area is 99669 which shows a rental rates of $1,097 ( about the same size). Comparing rental rates to the United States average of $1,163, ZIP code 99610 is about 6.7% smaller. Also, versus the state of Alaska, rental rates of $1,279, ZIP code 99610 is about 17.3% smaller.

Median owner costs for the real estate market are shown in Figure 8 and include the costs associated with any mortgage, utility expenses, insurance, and other miscellaneous costs. ZIP code 99610 shows it has a Median Owner Cost of $678 which is in the center range of other zip codes in the greater region. Figure 9 shows the median amount of cost as a percent of total household income for people who own homes in the ZIP code 99610 metro area. it has a Owner Cost as % of HH Income of 15% which is in the mid range of other zip codes in the local area. The next chart, Figure 10, provides a comparison chart of the median home cost as a percent of a median worker take home earnings and is thus a valuable measure of affordable housing. ZIP code 99610 shows it has a Median Home Value as Percent of Median Earnings of 306% which is the smallest in order of median home value as a percent of median worker earnings of all the other zip codes in the metropolitan area.

Next shown in Figure 11 is the housing cost as a percent of household income for people who own their homes and have a mortgages (thus the cost of financing the home is included.) ZIP code 99610 shows it has a % of Income Owner Costs-With Mortgage of 18% which is less than most other zip codes in the area. The zip code with the highest cost as a percent of household income in the area is 99639 which shows a cost as a percent of household income of 28% (56.1% larger). Housing cost as a percent of household income for owners who do not have a mortgage is shown in Figure 12. This analysis can be useful for understanding the affordable housing for home ownership excluding any financing cost in the area shown. ZIP code 99610 depicts it has a % of Income Owner Costs-No Mortgage of 10% which is in the center range of other zip codes in the local area. The zip code with the highest cost as a percent of household income in the area is 99639 which shows a cost as a percent of household income of 12% (20.0% larger).

Figure 13 looks at the cost of rent for rental property using the percent of total household income which is a valuable measure of financial health for the area. (The higher the proportion of rent payments to total household income is a sign of greater financial stress. Also, rent can be covered by rent assistance and rent assistance programs in the form of rent assistance.) ZIP code 99610 has one of the largest proportions of rent as a percent of income is less than 10 pct at 23% of the total and is ranked #2. The only larger zip code being 99611 with 26%. Second, it has less than most other zip codes in the local area when sorted by rent as a percent of income is between 40pct to 50pct at 8% of the total.

Figure 14 shows the total housing cost for both home owners and apartment community renters in the area. ZIP code 99610 has the largest proportion of housing cost between $2,500 and $3,000 at 7% of the total and is ranked #1.

Figure 15 shows median amount of real estate taxes paid for home owners in the region. it has a Median Real Estate Taxes Paid of $1,597 which is less than most other zip codes in the greater region. The zip code with the highest median real estate taxes paid in the area is 99672 which depicts a taxes paid of $1,845 (15.5% larger). Comparing median real estate taxes paid to the United States average of $2,690, ZIP code 99610 is approximately three-fourths the size. Also, measured against the state of Alaska, median real estate taxes paid of $3,464, ZIP code 99610 is approximately half the size.

ZIP code 99610 Home Characteristics Charts

Figure 19 shows, for the average house in each location, the median year that a house was built. This can be useful for understanding the relative age of one neighborhood versus another for a real estate investor. it has a Median Year Built of 1996 which is the largest of all zip codes in the metro area.

Figure 20 looks at the distribution of housing units by the median age that the homes were built. it has the largest proportion of homes built between 2010 to 2019 at 33% of the total and is ranked #1. Second, it has the smallest proportion of homes built between 1960 to 1969 at 1% of the total. Figure 22 shows the year that people who rent moved into the area. ZIP code 99610 has one of the largest proportions of renters moved in 2019 or later at 64% of the total and is ranked #3. Only #2 99672 (85%), and #1 99639 (87%) are larger.