Chugiak, Alaska.
Typical home $515,248 (+4.7% in a year), asking rent $3,350 . Anchorage, AK metro.
to buy the typical home at today's mortgage rate — +$1,196 (+79%) since Jan 2020.
- 1 year
- Up $23,144 +5%
- $492,104$515,248 since Sep 2025
- 5 years
- Up $86,510 +20%
- $428,738$515,248 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Chugiak$2,704
- Alaska$2,089
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 19 years.
Typical home values in Chugiak, AK rose 4.7% over the past year — faster than the nation's +1.2%.
Living in Chugiak, Anchorage Municipality, Alaska
The Census does not count Chugiak on its own, so the figures here are Anchorage Municipality's. Half the county's households earn more than $103,284 a year and half less; 9% of the county's people live below the poverty line. 64% of the county's homes are lived in by their owners and 36% are rented. Unemployment in Anchorage Municipality was 3.0% in August 2026, and the county had 0.9% more jobs in 2025 than the year before. The most people in Anchorage Municipality work in schools and health care, then government.
Written by AI Claude Haiku 5.5 wrote this on 22 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Chugiak is a community northeast of Anchorage, within Anchorage Municipality, and figures for the area are the municipality's as a whole. Across the municipality, a larger share of homes are lived in by their owners than are rented, and household incomes are generally comfortable. A sizeable share of adults hold a four-year degree, and the median age is younger than many older residents might expect. Winters are long and cold, summers are mild, and the area gets a good deal of rain and melted snow over the year.
Work. Across Anchorage Municipality, most jobs are in schools, hospitals and social care, government, professional and business services, and transport, warehouses and utilities. Unemployment is low and has held steady, and the number of jobs grew slightly in the most recent year. Many residents have short commutes to work, though fewer people work from home here than in many parts of the country.
Things to do. Eklutna Lake, a reservoir a short drive away, is one of the closest outdoor places to visit. Knik River, a river a longer drive away, and Alyeska, a ski area also a longer drive away, offer more options for a day trip. The Alaska Native Heritage Center, a museum a longer drive away, is another well-known place to visit.
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- 108,597households
- 35.2median age
- 39%of adults have a degree
- 9%below the poverty line
- 19 mintypical commute
- 11%work from home
What people in Anchorage Municipality work in
Employed residents by industry, from the Census survey. Anchorage Municipality had 148,620 jobs in 2025, 0.9% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 21° and lows near 6°; warmest in July, with highs near 67° and lows near 48°. About 23 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Eagle River Nature Ctr weather station, 14 miles away (NOAA).
Largest workplaces in Anchorage Municipality
- Anchorage School DistrictSchool district5,389FTE
- Alaska Native Medical CenterGeneral hospital3,047FTE
- Providence Alaska Medical CenterGeneral hospital2,392FTE
- University of Alaska AnchorageUniversity or college2,176
- Alaska AirlinesScheduled air passenger transportation1,291
- ASRC Energy Services O&M KuparukOil and gas field services on a contract basis1,283
- UPSOther airport operations1,275
- State of Alaska1,135
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 328 workplaces with 20 or more staff, 55,483 people in all. School districts come from the Common Core of Data (NCES, 2023–24), hospitals from their Medicare cost reports (CMS, 2023) and colleges from IPEDS (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Winter weatherVery high
- AvalanchesVery high
- EarthquakesRelatively high
- LandslidesRelatively high
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms across Anchorage Municipality, against the rest of the country; all of them together, relatively high. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Anchorage Municipality and the Anchorage, AK metro.
Chugiak home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Chugiak$515,248
- Alaska$397,932
- United States$366,157
Levy by levy, and a check of one home’s own bill, the site covers Ohio’s property tax.
Sellers are cutting prices on about 1 in 3 Chugiak listings — the market is roughly in balance.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Chugiak37.35%
- United States26.90%
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Chugiak36
New listings per month
Sellers arriving at the market.
- Chugiak12
Zip codes with a Chugiak address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Chugiak — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.