University Area / University of Alaska Anchorage median real estate price is $474,302, which is more expensive than 73.4% of the neighborhoods in Alaska and 63.7% of the neighborhoods in the U.S.
The average rental price in University Area / University of Alaska Anchorage is currently $1,977, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 45.8% of Alaska neighborhoods.
University Area / University of Alaska Anchorage is a suburban neighborhood (based on population density) located in Anchorage, Alaska.
University Area / University of Alaska Anchorage real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the University Area / University of Alaska Anchorage neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
Real estate vacancies in University Area / University of Alaska Anchorage are 3.8%, which is lower than one will find in 74.7% of American neighborhoods. Demand for real estate in University Area / University of Alaska Anchorage is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.
Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Anchorage, the University Area / University of Alaska Anchorage neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
In a nation where 1 out of every 4 children lives in poverty, the University Area / University of Alaska Anchorage neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.
In addition, there is an especially high percentage of incarcerated people (1.2%) living in the University Area / University of Alaska Anchorage neighborhood.
More people in University Area / University of Alaska Anchorage choose to walk to work each day (14.1%) than almost any neighborhood in America. If you are attracted to the idea of being able to walk to work, this neighborhood could be a good choice.
Did you know that the University Area / University of Alaska Anchorage neighborhood has more Native American and Swiss ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 17.9% of this neighborhood's residents have Native American ancestry and 1.3% have Swiss ancestry.
University Area / University of Alaska Anchorage is also pretty special linguistically. Significantly, 3.0% of its residents five years old and above primarily speak Native American languages at home. While this may seem like a small percentage, it is higher than 99.4% of the neighborhoods in America.
There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.
The neighbors in the University Area / University of Alaska Anchorage neighborhood in Anchorage are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 58.0% of the neighborhoods in America. In addition, 0.0% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 100.0% of America's neighborhoods.
What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.
In the University Area / University of Alaska Anchorage neighborhood, 45.8% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 22.5% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (19.9%), and 11.5% in manufacturing and laborer occupations.
The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the University Area / University of Alaska Anchorage neighborhood is English, spoken by 88.4% of households. Other important languages spoken here include Native American languages and German/Yiddish.
Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.
In the University Area / University of Alaska Anchorage neighborhood in Anchorage, AK, residents most commonly identify their ethnicity or ancestry as Native American (17.9%). There are also a number of people of German ancestry (9.6%), and residents who report Asian roots (7.6%), and some of the residents are also of Irish ancestry (6.2%), along with some Italian ancestry residents (5.1%), among others.
Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in University Area / University of Alaska Anchorage neighborhood spend between 15 and 30 minutes commuting one-way to work (49.4% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (63.2%) drive alone in a private automobile to get to work. In addition, quite a number also hop out the door and walk to work to get to work (14.1%) and 8.5% of residents also carpool with coworkers, friends, or neighbors for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.