Living in North Lakes, Alaska
Cost of living, income, home prices, rent and demographics of North Lakes · Census data 2020–2024
North Lakes has 10,223 residents with a median age of 36.2. The median household income is $101,679 (10% higher than the Alaska median), the median home value is $357,600, the median rent is $1,441/month.
North Lakes at a glance
- Population
- 10,223
- Median age
- 36.2State: 35.8
- Median household income
- $101,679State: $92,788
- Median home value
- $357,600State: $352,900
- Median rent
- $1,441/moState: $1,419
- Homeowners
- 78.4%
- Bachelor's degree or higher
- 25.7%
- Average commute
- 30 min
Is North Lakes a good place to live?
Pros: Median household income 10% higher than the Alaska median; a poverty rate of 7.3%.
Cons: Home values about the same as the state median; an average commute of 30 minutes; unemployment of 7.1%.
The weather is best in May to August.
Cost of living in North Lakes
Housing is the biggest part of the cost of living. In North Lakes the median home value is $357,600, 7% higher than the U.S. median. Renters pay a median of $1,441 per month, which is 25.2% of household income. Homeowners with a mortgage pay $2,152 a month in housing costs.
North Lakes median household income
The median household income in North Lakes is $101,679 and the income per person is $45,065. 7.3% of residents live below the poverty line (Alaska: 10.1%).
Housing in North Lakes: homes for sale and rent
- Housing units
- 3,822
- Owner-occupied
- 78.4%
- Renter-occupied
- 21.6%
- Vacant
- 8.2%Includes seasonal homes
- Median year built
- 1993
- Average household size
- 2.90
North Lakes demographics
- Population
- 10,223
- Median age
- 36.2
- Under 18
- 26.8%
- 65 and older
- 12.9%
- Households
- 3,510
- Foreign-born
- 4.6%
- Veterans
- 12.8%Adults 18+
Hispanic or Latino can be of any race. Population history of North Lakes ›
Education in North Lakes
25.7% of adults 25 and older in North Lakes have a bachelor's degree or higher (Alaska: 31.7%), and 10.7% have a graduate or professional degree.
Jobs and commute in North Lakes
- Unemployment rate
- 7.1%State: 5.9%
- Average commute
- 30 minState: 19 min
- Work from home
- 15.8%
- Drive alone
- 71.2%
- Public transit
- 0%
- Walk to work
- 0.9%
- Homes with broadband
- 92.7%
North Lakes vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| North Lakes | 10,223 | $101,679 | $357,600 | $1,441 |
| South Lakes | 6,180 | $98,141 | $377,500 | $1,178 |
| Gateway | 6,845 | $137,772 | $446,200 | $1,741 |
| Tanaina | 9,646 | $105,536 | $328,500 | $1,398 |
| Farm Loop | 2,894 | $119,375 | $431,300 | $1,991 |
| Wasilla | 9,720 | $67,234 | $358,400 | $1,153 |
| Palmer | 6,268 | $72,201 | $294,900 | $1,125 |
| Buffalo Soapstone | 739 | $68,750 | $289,300 | $791 |
| Fishhook | 5,819 | $111,375 | $416,300 | $1,837 |
More for people moving to North Lakes
North Lakes ZIP code ›Weather and climate ›Living in North Lakes: FAQ
What is the median household income in North Lakes, AK?
The median household income in North Lakes is $101,679, 10% 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 North Lakes?
The median home value in North Lakes is $357,600, compared with $352,900 in Alaska.
How much is rent in North Lakes?
The median gross rent in North Lakes is $1,441 per month, about 25.2% of household income.
Is North Lakes, AK a good place to live?
Pluses: median household income 10% higher than the Alaska median; a poverty rate of 7.3%. Minuses: home values about the same as the state median; an average commute of 30 minutes; unemployment of 7.1%.
What is the median age in North Lakes?
The median age in North Lakes is 36.2 years (Alaska: 35.8).
How long is the commute in North Lakes?
The average commute to work in North Lakes is 30 minutes; 15.8% of workers work from home.
What is the unemployment rate in North Lakes?
The unemployment rate in North Lakes is 7.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is North Lakes?
25.7% of adults in North 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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