The 10 Richest Cities In Alaska For 2022


We analyzed 23 places in Alaska to determine where the 1% live.

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Cordova, Valdez, Unalaska: These cities aren’t just some of the best places to live in Alaska. They are also home to some of the richest people in the Last Frontier.

Cordova in particular houses the richest residents in the state thanks, in part, to a median household income of $91,442 and a ridiculously low poverty rate of 2.0852641334569046%.

If you’re thinking of moving to one of these towns, you’ll probably need to start saving. The richest places in Alaska share common characteristics such as having a genius level populous, sky high home prices, and a Pleasantville level of married couples.

How did we come up with these mega wealthy cities? We analyzed Census data from the 2016-2020 American Community Survey for the 21 places in Alaska with more than 2,000 people.

Here are the 10 richest places in Alaska for 2022:

  1. Cordova
  2. Valdez
  3. Unalaska
  4. Juneau
  5. Sitka
  6. Anchorage
  7. Seward
  8. North Pole
  9. Kodiak
  10. Nome

For more on how we calculated the top ten, read on or skip to the end for the full list of the richest cities in Alaska.

Rich people not your cup of tea? Feel free to check out some more reading about Alaska:

The 10 Richest Cities In Alaska For 2022

1. Cordova

Cordova, AK

Overall SnackAbility

9
/10

Population: 2,248
Rank Last Year: 2 (Up 1)
Median Income: $91,442
Unemployment Rate: 0.9%
Poverty Rate: 2.1%
More on Cordova: Real Estate | Photos

2. Valdez

Valdez, AK

Overall SnackAbility

8.5
/10

Population: 3,865
Rank Last Year: 3 (Up 1)
Median Income: $93,281
Unemployment Rate: 3.4%
Poverty Rate: 6.5%
More on Valdez: Real Estate | Photos

3. Unalaska

Unalaska, AK

Source: Public domain
Overall SnackAbility

8.5
/10

Population: 4,758
Rank Last Year: 1 (Down 2)
Median Income: $90,938
Unemployment Rate: 4.2%
Poverty Rate: 5.5%
More on Unalaska: Real Estate | Photos

4. Juneau

Juneau, AK

Overall SnackAbility

7
/10

Population: 32,099
Rank Last Year: 4 (No Change)
Median Income: $88,077
Unemployment Rate: 4.4%
Poverty Rate: 6.9%
More on Juneau: Real Estate | Photos

5. Sitka

Sitka, AK

Overall SnackAbility

8
/10

Population: 8,569
Rank Last Year: 8 (Up 3)
Median Income: $81,708
Unemployment Rate: 5.4%
Poverty Rate: 6.6%
More on Sitka: Real Estate | Photos

6. Anchorage

Anchorage, AK

Overall SnackAbility

6
/10

Population: 292,090
Rank Last Year: 6 (No Change)
Median Income: $84,813
Unemployment Rate: 5.2%
Poverty Rate: 8.8%
More on Anchorage: Real Estate | Photos

7. Seward

Seward, AK

Source: Public domain
Overall SnackAbility

6
/10

Population: 2,812
Rank Last Year: 14 (Up 7)
Median Income: $74,110
Unemployment Rate: 4.1%
Poverty Rate: 8.6%
More on Seward: Real Estate | Photos

8. North Pole

North Pole, AK

Overall SnackAbility

7
/10

Population: 2,969
Rank Last Year: 5 (Down 3)
Median Income: $81,491
Unemployment Rate: 7.6%
Poverty Rate: 5.1%
More on North Pole: Real Estate | Photos

9. Kodiak

Kodiak, AK

Overall SnackAbility

7
/10

Population: 5,983
Rank Last Year: 7 (Down 2)
Median Income: $69,259
Unemployment Rate: 5.2%
Poverty Rate: 6.9%
More on Kodiak: Real Estate | Photos

10. Nome

Nome, AK

Overall SnackAbility

6
/10

Population: 3,869
Rank Last Year: 9 (Down 1)
Median Income: $85,268
Unemployment Rate: 11.6%
Poverty Rate: 7.5%
More on Nome: Real Estate | Photos

Methodology: How We Determined The Richest Places In Alaska For 2022

Map Of The Richest Places To Live In Alaska
The first thing that comes to most people’s minds when they think about determining the richest places is to simply identify personal incomes. After all, rich people have really high salaries.

However, we don’t believe that one statistic wholly encompasses what it means to be one of the “richest places”. So we looked at this set of criteria from the newly released 2016-2020 American Community Survey:

  • Poverty Level
  • Median Household Income
  • Unemployment Rate

Median household income is the most digestible way to understand how rich a place really is. The unemployment rate tries to capture the prospects for more people to become rich. If more people are employed, the richer the future looks.

After we collected the data for all 21 places with more than 2,000 people in Alaska, we ranked each place from 1 to 21 for each of the criteria, with 1 being the richest.

We then averaged all the rankings for a place into a “Rich Score” with the place having the lowest overall Rich Score, Cordova, crowned the “Richest City In Alaska For 2022”. You can download the data here.

You can learn more about the top ten below or skip to the end to see the rankings for all 21 places.

Summary: The Wealthiest Places In Alaska For 2022

Like we said earlier, when we set out to identify the richest places in Alaska, we weren’t sure what we’d encounter, but it ended up being some of the best places to live in Alaska.

When you look at the data, the cities and places mentioned above meet the criteria for being at the very top of the income ladder for everyone that lives there.

If you’re curious enough, here are the poorest cities in Alaska, according to data:

Poorest: Palmer
2nd Poorest: Wasilla
3rd Poorest: Homer

For more Alaska reading, check out:

Detailed List Of The Richest Cities In Alaska

Rank City RichScore Median Income
1 Cordova 1.33 $91,442
2 Valdez 2.67 $93,281
3 Unalaska 3.67 $90,938
4 Juneau 5.67 $88,077
5 Sitka 7.67 $81,708
6 Anchorage 8.67 $84,813
7 Seward 8.67 $74,110
8 North Pole 8.67 $81,491
9 Kodiak 9.0 $69,259
10 Nome 11.33 $85,268
11 Kotzebue 11.67 $87,000
12 Dillingham 12.0 $75,461
13 Soldotna 13.33 $59,668
14 Wrangell 13.67 $58,438
15 Ketchikan 14.0 $65,809
16 Fairbanks 14.67 $64,397
17 Bethel 15.0 $86,624
18 Kenai 16.0 $66,612
19 Homer 16.67 $61,332
20 Wasilla 18.0 $62,667
21 Palmer 18.67 $60,156

How Is The Area In ?

Editor’s Note: Data has been updated for 2022. This is our ninth time ranking the richest cities in Alaska.

About Chris Kolmar

Chris Kolmar has been in the real estate business for almost ten years now. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks.

He believes the key to finding the right place to live comes down to looking at the data, reading about things to do, and, most importantly, checking it out yourself before you move.

If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already.

You can find out more about him on LinkedIn or his website.