Anchorage Municipality · Alaska
ZIP code 99516
- Population
- 21,208
- Median income
- $160,341
- Median home
- $576,600
- Sales tax
- 0%
ZCTA residents
Household, past 12 months
Owner-occupied value
Alaska state rate
Quick answer
ZIP 99516 sits in Anchorage Municipality, Alaska and is home to 21,208 people. Median household income is $160,341, the median home is worth $576,600 and median gross rent is $1,284. 89.4% of households own their home, and purchases are taxed at 0% (Alaska state rate).
- County
- Anchorage Municipality
- State
- Alaska (AK)
- Area codes
- Not published
- Metro area
- Outside covered metros
FIPS 02020
245 ZIPs covered
No NANPA match for this ZIP
Rate jurisdiction used for tax
The numbers for 99516
American Community Survey 2019-2023 ACS 5-year estimates for this ZCTA.
- Population
- 21,208ZIP 99516 residents
- Median household income
- $160,341Past 12 months, inflation adjusted
- Median home value
- $576,600Owner-occupied units
- Median gross rent
- $1,284Rent plus utilities, monthly
- Median age
- 40.9 yrsAll residents
- Homeownership rate
- 89.4%Owner-occupied households
Sales tax in 99516
What a purchase inside this ZIP costs at checkout.
Alaska levies 0% statewide, and counties, cities and special districts inside this ZIP can add their own local rate on top. Check the county page for the local component before you quote a price.
Affordability in this ZIP
Derived from the Census medians above — indicative, not an offer.
A rent burden above 30% is the federal threshold for cost-burdened households, and a price-to-income multiple above 4× is generally considered a stretched housing market. The mortgage figure is principal and interest only — taxes, insurance and HOA dues are extra.
How 99516 compares
ZIP 99516 against the median ZIP in Anchorage Municipality and across Alaska.
| Measure | ZIP 99516 | County median | State median | vs state |
|---|---|---|---|---|
| Median household income | $160,341 | $99,307 | $63,203 | +154% |
| Median home value | $576,600 | $378,700 | $170,800 | +238% |
| Median gross rent | $1,284 | $1,546 | $1,040 | +23% |
| Population | 21,208 | 16,563 | 458 | +4531% |
Medians are computed across the 17 ZIP areas in Anchorage Municipality and the 245 ZIP areas in Alaska.
Statewide rank
Where this ZIP places among all 245 Alaska ZIP areas.
- Income
- #1
- Home value
- #2
- Population
- #13
richer than 100% of 210 state ZIPs
above 99% of 185 state ZIPs
larger than 95% of 245 state ZIPs
Comparable ZIP codes
Alaska ZIP areas with almost the same household income.
| ZIP | County | Income | Home value | Rent |
|---|---|---|---|---|
| 99587 | Anchorage Municipality | $154,414 | $672,100 | — |
| 99572 | Kenai Peninsula Borough | $140,500 | $404,500 | — |
| 99577 | Anchorage Municipality | $135,011 | $413,400 | $1,709 |
| 99567 | Anchorage Municipality | $128,250 | $437,100 | $1,193 |
| 99613 | Lake and Peninsula Borough | $121,786 | $318,400 | $1,313 |
| 99685 | Aleutians West Census Area | $119,063 | $448,700 | $2,051 |
Nearby ZIP codes
Other ZIP codes filed under Anchorage Municipality.
ZIP 99516 questions
Common questions about this ZIP code.
- Where is ZIP code 99516?
- ZIP 99516 lies mostly in Anchorage Municipality, Alaska. County assignment follows the largest share of land area, so a ZIP straddling a county line is filed under its dominant county.
- What sales tax do I pay in 99516?
- Alaska charges 0% statewide, plus any county, city or district rate that applies locally.
- Is 99516 expensive to live in?
- Median rent runs $1,284 a month, about 10% of median household income, and the median home is worth $576,600 — +238% against the typical Alaska ZIP.
- Is a ZCTA the same as a postal ZIP code?
- Not exactly. The Census builds ZIP Code Tabulation Areas from the ZIP codes of addresses inside each census block, so a ZCTA can differ slightly from the USPS delivery route of the same number, and PO-box-only ZIPs have no ZCTA at all.
Keep going
Related pages for this area.
Sources & transparency
- US Census Bureau, ACS 2019-2023 5-year estimates — 2019-2023 ACS 5-year — population, income, housing
- Census 2020 ZCTA-to-county relationship file — County assignment by largest land-area overlap
- Alaska Department of Commerce (Alaska Municipal League rate tables) — Sales tax rates and local add-ons
Last reviewed December 2024. Figures are published for reference and can change; verify with the source agency before filing or contracting. How we build and check this data.