Living in Valdez, Alaska
Cost of living, income, home prices, rent and demographics of Valdez · Census data 2020–2024
Valdez has 3,847 residents with a median age of 38.4. The median household income is $99,271 (7% higher than the Alaska median), the median home value is $313,000, the median rent is $1,481/month.
Valdez at a glance
- Population
- 3,847
- Median age
- 38.4State: 35.8
- Median household income
- $99,271State: $92,788
- Median home value
- $313,000State: $352,900
- Median rent
- $1,481/moState: $1,419
- Homeowners
- 65.3%
- Bachelor's degree or higher
- 31.9%
- Average commute
- 11 min
Is Valdez a good place to live?
Pros: Median household income 7% higher than the Alaska median; home values 11% lower than the state median; an average commute of 11 minutes; a poverty rate of 5.8%.
Cons: Unemployment of 10.1%.
The weather is best in May to August.
Cost of living in Valdez
Housing is the biggest part of the cost of living. In Valdez the median home value is $313,000, 6% lower than the U.S. median. Renters pay a median of $1,481 per month, which is 24.6% of household income. Homeowners with a mortgage pay $2,227 a month in housing costs.
Valdez median household income
The median household income in Valdez is $99,271 and the income per person is $51,648. 5.8% of residents live below the poverty line (Alaska: 10.1%).
Housing in Valdez: homes for sale and rent
- Housing units
- 2,043
- Owner-occupied
- 65.3%
- Renter-occupied
- 34.7%
- Vacant
- 18.2%Includes seasonal homes
- Median year built
- 1980
- Average household size
- 2.26
Valdez demographics
- Population
- 3,847
- Median age
- 38.4
- Under 18
- 21.8%
- 65 and older
- 9.9%
- Households
- 1,672
- Foreign-born
- 2.9%
- Veterans
- 7.9%Adults 18+
Hispanic or Latino can be of any race. Population history of Valdez ›
Education in Valdez
31.9% of adults 25 and older in Valdez have a bachelor's degree or higher (Alaska: 31.7%), and 14.4% have a graduate or professional degree.
Jobs and commute in Valdez
- Unemployment rate
- 10.1%State: 5.9%
- Average commute
- 11 minState: 19 min
- Work from home
- 3.5%
- Drive alone
- 75.3%
- Public transit
- 0%
- Walk to work
- 10.5%
- Homes with broadband
- 98.3%
Valdez vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Valdez | 3,847 | $99,271 | $313,000 | $1,481 |
| Cordova | 2,453 | $85,132 | $419,400 | $1,200 |
More for people moving to Valdez
Valdez ZIP code ›Weather and climate ›Living in Valdez: FAQ
What is the median household income in Valdez, AK?
The median household income in Valdez is $99,271, 7% 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 Valdez?
The median home value in Valdez is $313,000, compared with $352,900 in Alaska.
How much is rent in Valdez?
The median gross rent in Valdez is $1,481 per month, about 24.6% of household income.
Is Valdez, AK a good place to live?
Pluses: median household income 7% higher than the Alaska median; home values 11% lower than the state median; an average commute of 11 minutes; a poverty rate of 5.8%. Minuses: unemployment of 10.1%.
What is the median age in Valdez?
The median age in Valdez is 38.4 years (Alaska: 35.8).
How long is the commute in Valdez?
The average commute to work in Valdez is 11 minutes; 3.5% of workers work from home.
What is the unemployment rate in Valdez?
The unemployment rate in Valdez is 10.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Valdez?
31.9% of adults in Valdez 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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