Living in Gateway, Alaska

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

Gateway has 6,845 residents with a median age of 33.8. The median household income is $137,772 (48% higher than the Alaska median), the median home value is $446,200, the median rent is $1,741/month.

Gateway at a glance

Population
6,845
Median age
33.8State: 35.8
Median household income
$137,772State: $92,788
Median home value
$446,200State: $352,900
Median rent
$1,741/moState: $1,419
Homeowners
81.5%
Bachelor's degree or higher
35%
Average commute
34 min

Is Gateway a good place to live?

Pros: Median household income 48% higher than the Alaska median; unemployment of 3.8%; a poverty rate of 4.5%.

Cons: Home values 26% higher than the state median; an average commute of 34 minutes.

The weather is best in May to August.

Cost of living in Gateway

Housing is the biggest part of the cost of living. In Gateway the median home value is $446,200, 34% higher than the U.S. median. Renters pay a median of $1,741 per month, which is 23.9% of household income. Homeowners with a mortgage pay $2,414 a month in housing costs.

Median home value

Gateway$446,200
Alaska$352,900
United States$332,700

Median monthly rent

Gateway$1,741
Alaska$1,419
United States$1,413

Gateway median household income

The median household income in Gateway is $137,772 and the income per person is $50,609. 4.5% of residents live below the poverty line (Alaska: 10.1%).

Median household income

Gateway$137,772
Alaska$92,788
United States$80,734

Housing in Gateway: homes for sale and rent

Housing units
2,179
Owner-occupied
81.5%
Renter-occupied
18.5%
Vacant
6.3%Includes seasonal homes
Median year built
2003
Average household size
3.35

Gateway demographics

Population
6,845
Median age
33.8
Under 18
33.7%
65 and older
9.5%
Households
2,041
Foreign-born
3%
Veterans
14.5%Adults 18+

Race and ethnicity

White74.2%
Hispanic or Latino9.4%
Black2.8%
Asian2.5%

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

Education in Gateway

35% of adults 25 and older in Gateway have a bachelor's degree or higher (Alaska: 31.7%), and 12.7% have a graduate or professional degree.

Bachelor's degree or higher

Gateway35%
Alaska31.7%
United States35.7%

Jobs and commute in Gateway

Unemployment rate
3.8%State: 5.9%
Average commute
34 minState: 19 min
Work from home
15.2%
Drive alone
64.9%
Public transit
0.2%
Walk to work
0.7%
Homes with broadband
96.3%

Gateway vs nearby towns

TownPopulationMedian incomeHome valueRent
Gateway6,845$137,772$446,200$1,741
South Lakes6,180$98,141$377,500$1,178
Palmer6,268$72,201$294,900$1,125
North Lakes10,223$101,679$357,600$1,441
Farm Loop2,894$119,375$431,300$1,991
Butte4,085$101,042$374,600$1,610
Wasilla9,720$67,234$358,400$1,153
Buffalo Soapstone739$68,750$289,300$791
Tanaina9,646$105,536$328,500$1,398

More for people moving to Gateway

Gateway ZIP code ›Weather and climate ›

Living in Gateway: FAQ

What is the median household income in Gateway, AK?

The median household income in Gateway is $137,772, 48% higher 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 Gateway?

The median home value in Gateway is $446,200, compared with $352,900 in Alaska.

How much is rent in Gateway?

The median gross rent in Gateway is $1,741 per month, about 23.9% of household income.

Is Gateway, AK a good place to live?

Pluses: median household income 48% higher than the Alaska median; unemployment of 3.8%; a poverty rate of 4.5%. Minuses: home values 26% higher than the state median; an average commute of 34 minutes.

What is the median age in Gateway?

The median age in Gateway is 33.8 years (Alaska: 35.8).

How long is the commute in Gateway?

The average commute to work in Gateway is 34 minutes; 15.2% of workers work from home.

What is the unemployment rate in Gateway?

The unemployment rate in Gateway is 3.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Gateway?

35% of adults in Gateway 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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