Living in Meadow Lakes, Alaska
Cost of living, income, home prices, rent and demographics of Meadow Lakes · Census data 2020–2024
Meadow Lakes has 8,689 residents with a median age of 38.1. The median household income is $81,699 (12% lower than the Alaska median), the median home value is $323,100, the median rent is $1,377/month.
Meadow Lakes at a glance
- Population
- 8,689
- Median age
- 38.1State: 35.8
- Median household income
- $81,699State: $92,788
- Median home value
- $323,100State: $352,900
- Median rent
- $1,377/moState: $1,419
- Homeowners
- 77.6%
- Bachelor's degree or higher
- 15.8%
- Average commute
- 39 min
Is Meadow Lakes a good place to live?
Pros: Home values 8% lower than the state median.
Cons: Median household income 12% lower than the Alaska median; an average commute of 39 minutes; unemployment of 6.8%; a poverty rate of 14%.
The weather is best in May to August.
Cost of living in Meadow Lakes
Housing is the biggest part of the cost of living. In Meadow Lakes the median home value is $323,100, about the same as the U.S. median. Renters pay a median of $1,377 per month, which is 32.3% of household income. Homeowners with a mortgage pay $2,026 a month in housing costs.
Meadow Lakes median household income
The median household income in Meadow Lakes is $81,699 and the income per person is $34,310. 14% of residents live below the poverty line (Alaska: 10.1%).
Housing in Meadow Lakes: homes for sale and rent
- Housing units
- 3,856
- Owner-occupied
- 77.6%
- Renter-occupied
- 22.4%
- Vacant
- 19.1%Includes seasonal homes
- Median year built
- 2000
- Average household size
- 2.78
Meadow Lakes demographics
- Population
- 8,689
- Median age
- 38.1
- Under 18
- 25.9%
- 65 and older
- 12.8%
- Households
- 3,121
- Foreign-born
- 3.6%
- Veterans
- 14.3%Adults 18+
Hispanic or Latino can be of any race. Population history of Meadow Lakes ›
Education in Meadow Lakes
15.8% of adults 25 and older in Meadow Lakes have a bachelor's degree or higher (Alaska: 31.7%), and 6% have a graduate or professional degree.
Jobs and commute in Meadow Lakes
- Unemployment rate
- 6.8%State: 5.9%
- Average commute
- 39 minState: 19 min
- Work from home
- 12.5%
- Drive alone
- 68%
- Public transit
- 0%
- Walk to work
- 1%
- Homes with broadband
- 91.7%
Meadow Lakes vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Meadow Lakes | 8,689 | $81,699 | $323,100 | $1,377 |
| Wasilla | 9,720 | $67,234 | $358,400 | $1,153 |
| Tanaina | 9,646 | $105,536 | $328,500 | $1,398 |
| Houston | 1,834 | $73,015 | $295,000 | $887 |
| Knik-Fairview | 19,972 | $96,437 | $340,200 | $1,588 |
| North Lakes | 10,223 | $101,679 | $357,600 | $1,441 |
| South Lakes | 6,180 | $98,141 | $377,500 | $1,178 |
| Fishhook | 5,819 | $111,375 | $416,300 | $1,837 |
| Gateway | 6,845 | $137,772 | $446,200 | $1,741 |
More for people moving to Meadow Lakes
Meadow Lakes ZIP code ›Weather and climate ›Living in Meadow Lakes: FAQ
What is the median household income in Meadow Lakes, AK?
The median household income in Meadow Lakes is $81,699, 12% 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 Meadow Lakes?
The median home value in Meadow Lakes is $323,100, compared with $352,900 in Alaska.
How much is rent in Meadow Lakes?
The median gross rent in Meadow Lakes is $1,377 per month, about 32.3% of household income.
Is Meadow Lakes, AK a good place to live?
Pluses: home values 8% lower than the state median. Minuses: median household income 12% lower than the Alaska median; an average commute of 39 minutes; unemployment of 6.8%; a poverty rate of 14%.
What is the median age in Meadow Lakes?
The median age in Meadow Lakes is 38.1 years (Alaska: 35.8).
How long is the commute in Meadow Lakes?
The average commute to work in Meadow Lakes is 39 minutes; 12.5% of workers work from home.
What is the unemployment rate in Meadow Lakes?
The unemployment rate in Meadow Lakes is 6.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Meadow Lakes?
15.8% of adults in Meadow Lakes 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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