Living in College, Alaska

Cost of living, income, home prices, rent and demographics of College · Census data 2020–2024

College has 11,924 residents with a median age of 32.7. The median household income is $83,895 (10% lower than the Alaska median), the median home value is $297,500, the median rent is $1,454/month.

College at a glance

Population
11,924
Median age
32.7State: 35.8
Median household income
$83,895State: $92,788
Median home value
$297,500State: $352,900
Median rent
$1,454/moState: $1,419
Homeowners
61%
Bachelor's degree or higher
39.9%
Average commute
16 min

Is College a good place to live?

Pros: Home values 16% lower than the state median; an average commute of 16 minutes; unemployment of 4.4%; a poverty rate of 6.5%.

Cons: Median household income 10% lower than the Alaska median.

The weather is best in May to August.

Cost of living in College

Housing is the biggest part of the cost of living. In College the median home value is $297,500, 11% lower than the U.S. median. Renters pay a median of $1,454 per month, which is 28.9% of household income. Homeowners with a mortgage pay $2,210 a month in housing costs.

Median home value

College$297,500
Alaska$352,900
United States$332,700

Median monthly rent

College$1,454
Alaska$1,419
United States$1,413

College median household income

The median household income in College is $83,895 and the income per person is $47,311. 6.5% of residents live below the poverty line (Alaska: 10.1%).

Median household income

College$83,895
Alaska$92,788
United States$80,734

Housing in College: homes for sale and rent

Housing units
5,165
Owner-occupied
61%
Renter-occupied
39%
Vacant
10.4%Includes seasonal homes
Median year built
1980
Average household size
2.42

College demographics

Population
11,924
Median age
32.7
Under 18
21.8%
65 and older
17.4%
Households
4,626
Foreign-born
8%
Veterans
9.4%Adults 18+

Race and ethnicity

White57.1%
Hispanic or Latino9.8%
Black4.3%
Asian6%

Hispanic or Latino can be of any race. Population history of College ›

Education in College

39.9% of adults 25 and older in College have a bachelor's degree or higher (Alaska: 31.7%), and 22.6% have a graduate or professional degree.

Bachelor's degree or higher

College39.9%
Alaska31.7%
United States35.7%

Jobs and commute in College

Unemployment rate
4.4%State: 5.9%
Average commute
16 minState: 19 min
Work from home
4.9%
Drive alone
65.4%
Public transit
1.1%
Walk to work
12.2%
Homes with broadband
93.5%

College vs nearby towns

TownPopulationMedian incomeHome valueRent
College11,924$83,895$297,500$1,454
South Van Horn572$73,214$41,500—
Farmers Loop4,954$109,950$279,800$1,406
Fairbanks32,083$73,534$268,400$1,496
Ester2,752$53,272$255,400$1,208
Goldstream3,294$103,589$289,600$847
Chena Ridge5,881$133,775$395,500$1,110
Steele Creek5,928$121,364$348,400$1,223
Badger18,677$97,183$310,600$1,629

More for people moving to College

College ZIP code ›Weather and climate ›

Living in College: FAQ

What is the median household income in College, AK?

The median household income in College is $83,895, 10% lower than the Alaska median of $92,788 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in College?

The median home value in College is $297,500, compared with $352,900 in Alaska.

How much is rent in College?

The median gross rent in College is $1,454 per month, about 28.9% of household income.

Is College, AK a good place to live?

Pluses: home values 16% lower than the state median; an average commute of 16 minutes; unemployment of 4.4%; a poverty rate of 6.5%. Minuses: median household income 10% lower than the Alaska median.

What is the median age in College?

The median age in College is 32.7 years (Alaska: 35.8).

How long is the commute in College?

The average commute to work in College is 16 minutes; 4.9% of workers work from home.

What is the unemployment rate in College?

The unemployment rate in College is 4.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is College?

39.9% of adults in College have a bachelor's degree or higher.

Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.

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