Zip Code 99516
Anchorage, Alaska — Anchorage Borough
📍 ZIP code 99516 is in Anchorage, Anchorage Borough, Alaska.
ZIP code 99516 is located in Anchorage, Anchorage Borough, Alaska. It is a zip code in the Alaska (AKST/AKDT) Time Zone with an estimated population of 21,208. The area code for ZIP code 99516 is 907.
Quick Answer
Zip code 99516 is in Anchorage, Alaska (Anchorage Borough). It has a population of 21,208, median household income of $160,341, and median home value of $576,600.
Population
21,208
Income
$160,341
Home Value
$576,600
Climate
59°F / 14°F
About Zip Code 99516
Zip code 99516 is located in Anchorage, Alaska, within Anchorage Borough. Home to approximately 21,208 residents, this area sits at an elevation of 1568 ft and falls within the Alaska (AKST/AKDT) timezone. The local area code is 907.
The median household income is $160,341 per year, which is above the national median of $70,784. Homes in this zip code have a median value of $576,600, and the cost of living index is 197 (97% above the national average of 100).
Summers average a high of 59°F while winters drop to 14°F. The area receives about 26 in of rain and 162 in of snow annually. The zip code covers 43 square miles of land area.
Key Statistics
21,208
$160,341
$576,600
Alaska (AKST/AKDT)
907
1568 ft
43 sq mi
40.9
7,544
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Compare With Nearby Zip Codes
| Metric | 99516 | 99507 | 99515 | 99518 | 99504 | 99508 |
|---|---|---|---|---|---|---|
| City | Anchorage, AK | Anchorage, AK | Anchorage, AK | Anchorage, AK | Anchorage, AK | Anchorage, AK |
| Population | 21,208 | 36,300 | 21,879 | 9,837 | 41,684 | 36,660 |
| Median Income | $160,341 | $107,347 | $112,445 | $91,077 | $83,338 | $72,751 |
| Home Value | $576,600 | $371,200 | $400,500 | $297,900 | $309,200 | $309,400 |
| Cost of Living | 197 | 129 | 141 | 109 | 107 | 102 |
| Median Age | 40.9 | 35.6 | 37.6 | 32.1 | 34.6 | 32.3 |
Cost of Living
100 = National Average. Anchorage's cost of living is 97% above the national average.
vs. State Avg
Above
Affordability
Expensive
Income-to-Home
3.6x
Demographics
Zip code 99516 has a population of 21,208 people with a median age of 40.9. There are 7,544 housing units in this area.
Racial & Ethnic Composition
Source: U.S. Census Bureau American Community Survey estimates.
Population History
Anchorage (99516) population trend from 2010 to 2024
↓ -9.1%Source: U.S. Census Bureau estimates and American Community Survey data.
Climate & Weather
59°F
14°F
26 in
162 in
Anchorage experiences mild summers with average highs around 59°F. Winters are cold with lows averaging 14°F. With 162 in of annual snowfall, residents should be prepared for significant winter weather.
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Housing & Economy
Median Home Value
$576,600
Median Household Income
$160,341
With 7,544 housing units across 43 square miles, 99516 has a housing density of 175 units per square mile. The home price-to-income ratio is 3.6x.
Location & Geography
Latitude
61.0793°
Longitude
-149.7098°
Land Area
43 sq mi
Water Area
0 sq mi
Nearby Zip Codes
Zip codes closest to 99516 (Anchorage, AK) with distances:
All Zip Codes in Anchorage, AK
Other zip codes serving Anchorage:
ZIP Codes with Similar Income Nationwide
The five U.S. ZIP codes whose median household income is closest to 99516's $160,341. A way to compare Anchorage to economically similar communities elsewhere in the country.
Computed from U.S. Census Bureau ACS 5-Year Estimates by the Zip Code Near Me Data Team.
ZIP Codes with Similar Demographics
The five U.S. ZIP codes whose racial and ethnic composition most closely matches 99516 (Anchorage, AK). Similarity is measured by cosine distance on the five-category ACS demographic vector.
Computed from U.S. Census Bureau ACS 5-Year Estimates by the Zip Code Near Me Data Team.
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People Also Ask
What zip code is Anchorage, Alaska?
Anchorage, Alaska uses zip code 99516 along with 11 other zip codes.
What county is zip code 99516 in?
Zip code 99516 is located in Anchorage Borough, Alaska.
What is the population of zip code 99516?
The population of zip code 99516 is 21,208 with a median age of 40.9.
Is 99516 in Anchorage, Alaska?
Yes, zip code 99516 is in Anchorage, Anchorage Borough, Alaska. The area code is 907.
Frequently Asked Questions
What city is zip code 99516 in?
Zip code 99516 is in Anchorage, Alaska. It is part of Anchorage Borough and uses the Alaska (AKST/AKDT) timezone.
What is zip code 99516?
Zip code 99516 is a U.S. postal code in Anchorage, Alaska (Anchorage Borough). It has a population of 21,208 and covers 43 square miles.
What is the population of zip code 99516?
The population of zip code 99516 (Anchorage, AK) is 21,208 with a median age of 40.9. There are approximately 7,544 housing units in this area.
What is the median income in zip code 99516?
The median household income in zip code 99516 (Anchorage, AK) is $160,341 per year. The cost of living index is 197 (100 = national average).
What is the average home price in zip code 99516?
The median home value in zip code 99516 (Anchorage, AK) is $576,600. The cost of living index is 197 compared to the national average of 100.
What county is zip code 99516 in?
Zip code 99516 is located in Anchorage Borough, Alaska. The primary city is Anchorage.
What is the area code for zip code 99516?
Zip code 99516 in Anchorage, AK uses area code 907. It is located in the Alaska (AKST/AKDT) timezone.
Is zip code 99516 a good place to live?
Zip code 99516 (Anchorage, AK) has a cost of living index of 197 (100 = national average), a median household income of $160,341, and median home values of $576,600. The median age is 40.9. Visit the full page for demographics, climate, and nearby zip code comparisons.
What is the cost of living in zip code 99516?
The cost of living index for zip code 99516 (Anchorage, AK) is 197, where 100 represents the national average. This area is above the national average. Median home value: $576,600.
What schools serve zip code 99516?
Zip code 99516 in Anchorage, Alaska is served by the local school district of Anchorage Borough. For specific school information, check your state's department of education or GreatSchools.org.
All demographic data on this page is sourced from the U.S. Census Bureau American Community Survey (ACS) 5-Year Estimates. ZIP code boundary and delivery data is sourced from the United States Postal Service (USPS). Data is updated periodically and may not reflect the most current figures. Census Bureau ZIP Code Tabulation Areas (ZCTAs) may differ slightly from USPS ZIP code boundaries.
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Data Sources
- Population, income, housing, age, and demographics
- U.S. Census Bureau, American Community Survey 5-Year Estimates, 2019-2023 vintage.
- ZIP to city and county mapping
- USPS and HUD-USPS ZIP-County Crosswalk.
- Time zones and area codes
- IANA tz database and NANPA.
- Elevation
- U.S. Geological Survey National Elevation Dataset (NED), via the USGS Elevation Point Query Service. Mapped to each ZCTA centroid coordinates. Last refreshed 2026-05-19.
- Last refreshed
- 2026-05-18.