The 10 Richest Cities In Alaska For 2021


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

Editor’s Note: Data has been updated for 2021. This is our seventh time ranking the richest cities in Alaska.

Unalaska, Cordova, Valdez: 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.

Unalaska in particular houses the richest residents in the state thanks, in part, to a median household income of $94,750 and a ridiculously low poverty rate of 5.727719598204745%.

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 2015-2019 American Community Survey for the 21 places in Alaska with more than 2,000 people.

Here are the 10 richest places in Alaska for 2021:

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

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 2021

1. Unalaska

Unalaska, AK

Source: Public domain
Overall SnackAbility

8
/10

Population: 4,724
Rank Last Year: 1 (No Change)
Median Income: $94,750
Unemployment Rate: 1.9%
Poverty Rate: 5.7%
More on Unalaska: Real Estate | Photos

2. Cordova

Cordova, AK

Source: Public domain
Overall SnackAbility

8.5
/10

Population: 2,829
Rank Last Year: 2 (No Change)
Median Income: $94,625
Unemployment Rate: 2.2%
Poverty Rate: 4.7%
More on Cordova: Real Estate | Photos

3. Valdez

Valdez, AK

Overall SnackAbility

8
/10

Population: 3,847
Rank Last Year: 7 (Up 4)
Median Income: $85,085
Unemployment Rate: 1.9%
Poverty Rate: 8.2%
More on Valdez: Real Estate | Photos

4. Juneau

Juneau, AK

Overall SnackAbility

7
/10

Population: 32,227
Rank Last Year: 3 (Down 1)
Median Income: $88,390
Unemployment Rate: 4.6%
Poverty Rate: 7.7%
More on Juneau: Real Estate | Photos

5. North Pole

North Pole, AK

Overall SnackAbility

8
/10

Population: 2,740
Rank Last Year: 8 (Up 3)
Median Income: $81,042
Unemployment Rate: 6.2%
Poverty Rate: 6.6%
More on North Pole: Real Estate | Photos

6. Anchorage

Anchorage, AK

Overall SnackAbility

6
/10

Population: 293,531
Rank Last Year: 6 (No Change)
Median Income: $84,928
Unemployment Rate: 5.7%
Poverty Rate: 9.0%
More on Anchorage: Real Estate | Photos

7. Kodiak

Kodiak, AK

Overall SnackAbility

7
/10

Population: 6,022
Rank Last Year: 9 (Up 2)
Median Income: $73,310
Unemployment Rate: 3.6%
Poverty Rate: 8.6%
More on Kodiak: Real Estate | Photos

8. Sitka

Sitka, AK

Overall SnackAbility

8
/10

Population: 8,640
Rank Last Year: 5 (Down 3)
Median Income: $73,682
Unemployment Rate: 5.0%
Poverty Rate: 8.7%
More on Sitka: Real Estate | Photos

9. Nome

Nome, AK

Overall SnackAbility

6
/10

Population: 3,850
Rank Last Year: 14 (Up 5)
Median Income: $84,574
Unemployment Rate: 9.6%
Poverty Rate: 7.5%
More on Nome: Real Estate | Photos

10. Soldotna

Soldotna, AK

Overall SnackAbility

8
/10

Population: 4,649
Rank Last Year: 4 (Down 6)
Median Income: $60,491
Unemployment Rate: 2.8%
Poverty Rate: 8.6%
More on Soldotna: Real Estate | Photos

How We Determined The Richest Places In Alaska For 2021

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 2015-2019 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, Unalaska, crowned the "Richest City In Alaska For 2021". 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.

There You Have It - The Wealthiest Places In Alaska For 2021

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: Kenai
3rd Poorest: Kotzebue

For more Alaska reading, check out:

Detailed List Of The Richest Cities In Alaska

Rank City RichScore Median Income
1 Unalaska 1.33 $94,750
2 Cordova 2.0 $94,625
3 Valdez 4.33 $85,085
4 Juneau 4.67 $88,390
5 North Pole 7.33 $81,042
6 Anchorage 8.33 $84,928
7 Kodiak 8.67 $73,310
8 Sitka 9.67 $73,682
9 Nome 10.0 $84,574
10 Soldotna 11.0 $60,491
11 Dillingham 12.0 $74,524
12 Homer 12.67 $60,993
13 Wrangell 13.0 $53,894
14 Seward 14.33 $73,611
15 Ketchikan 14.33 $61,419
16 Fairbanks 15.0 $62,602
17 Bethel 15.33 $83,367
18 Wasilla 15.67 $63,587
19 Kotzebue 15.67 $81,188
20 Kenai 17.33 $61,348
21 Palmer 18.33 $62,339

How Is The Area In ?

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.

Leave a Reply

Your email address will not be published. Required fields are marked *