Anchorage Alaska Real Estate

A nchorage, Alaska, is            reputation as the new ‘in’ city    located in Anchorage County     for travelers to Alaska as well    and lies 1434 miles             as new residents, who come for     northwest of Seattle, Washington.     its excellent transportation       Anchorage has a population of         system, mild weather, and central  260,283. Its residents enjoy          location.                          outdoor activities like kayaking                                         through Prince William Sound,         Anchorage Homes                    fly-fishing, skiing, and hiking                                          and a relatively mild climate.        Anchorage properties pool is                                             94,822 residential properties      Anchorage is a historical and         including Anchorage new homes.     bustling city that serves as the      The median age of real estate in   transportation, banking, and          Anchorage is 1977. The average     business center of the state.         Household size is 3.19 people. 4%  Notable structures include            are one bedroom homes, 19% are 2   historic buildings such as            bedroom homes, 46% are 3 bedroom   Anchorage’s City Hall, built in       homes, 24% are 4 bedroom homes,    1936, as well as the 4th Avenue       and 5% are 5+ bedroom homes.       Theatre, an art deco style                                               building dating from 1947 with        Anchorage Mortgage Statistics      stunning floor to ceiling bronze                                         interior murals.                      Homes With No Mortgage 14%                                               Homes With Mortgage 86%            Anchorage, incorporated in 1920,      First Mortgage Only 74%            is a relatively young city, and       First & Second Mortgage or HELOC   homes built in the 1950s almost       12%                                enjoy historic status.                                                   Nevertheless, the city’s vibrancy     Anchorage Area Real Estate Tax     has earned Anchorage the                                                 Anchorage Real estate Tax: Median     32% two person households, and     Real Estate Taxes (2000) were         17067.96 or 18% three person       $2,523 comparing to 1999 Median       households in Anchorage, Alaska.   Family income $ 63,682. Compare       Median residents age is 32.4,      to USA median yearly Real Estate      Senior citizens (65+) make up      Tax $1,300 and USA median Family      14,242 or 5.5%% of Anchorage       Income $42,000 (1999).                population.                                                                                                 Anchorage School District:            There are 131,228 workers (over    Children make up 29.1% of             16 years of age) in Anchorage. Of  Anchorage population. Anchorage       these, 89% drive to work.          has 75,871 under 18 years old         Approximately 2.02% of workers in  residents, or 0.58 kids per one       Anchorage take public              worker, or 0.8 kids per one           transportation. An estimated       household.                            2.66% walk to work.                                                                                         Anchorage Real Estate & Anchorage     Median Anchorage homeowner's       Home Ownership                        housing expenses are 20.9%                                                                                  Most residents of this city have      Crime in Anchorage (2003), crimes  come from elsewhere in the United     per 10,000 residents per year      States. Many came to work in the      Violent Crimes 67                  oil fields. Alaskan Native            Robberies 13.06                    peoples comprise about 8% of the      Aggravated Assaults 43.91          population. The city also has a       Property Crimes 449.74             growing population of Asian and       Burglaries 54.48                   Hispanic residents.                   Larceny-Thefts 349.27                                                    Motor Vehicle Thefts 45.99         There are 21809.06 or 23% one                                            person households, 30343.04 or        Invest in Anchorage Properties                                           Anchorage Area Codes 907           When making a decision about          White population 72.23%            buying real estate in Anchorage       African-American population 5.84%  Alaska area, you should consider                                         following statistical data:           Asian 5.55%                        Near Medium City                      American Indian & Alaskan          Near Large City Seattle,              Hispanic (of any race) 5.69%       Washington                            Median Family Income (1999) - $    Anchorage Zip Codes 99501, 99502,     63,682%                            99503, 99504, 99505, 99506,           Population Below Poverty Level -   99507, 99508, 99513, 99515,           7.18%                              99516, 99517, 99518, 99529,                                           99530, 99540, 99599                    About the Author: Jennifer Hershey has more than twenty years of experience in the Mortgage Industry as a loan officer. She is the owner of http://www.explainingmortgages.com/, a real estate and mortgage resource site devoted to making mortgage terms and products easy to understand. Source: www.isnare.com