Neighborhood Profile

Northeast

Anchorage, AK | Anchorage Borough
Scored premium profile
Best Neighborhoods USA Index
52.6
National rank: #6,655 of 14,967
Stability and Strength
42.1
Score
Value Opportunity
44.4
Score
Momentum
80.9
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationAnchorage, AK
CountyAnchorage Borough
National rank#6,655 of 14,967
State rank#27 of 33
City rank#25 of 31
County rank#26 of 32
National percentile55.5
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$393,068
Year-over-year home value change3.2%
Month-over-month home value change0.94%
Home value to income ratio4.99
Median household income$78,746
Bachelor's degree or higher25.8%
Civilian unemployment rate6.7%
Homeownership rate58.8%
Housing vacancy rate9.7%
Rent burden 30% or higher47.4%

How to read this profile

  • Ranks are always shown with denominators.
  • Momentum reflects both year-over-year and month-over-month housing change.
  • Stability and Strength and Value Opportunity are governed composite scores.
  • Identity composition is descriptive intelligence and is not a scoring component.
Questions and Answers

Questions About Living in Northeast

What is the Best Neighborhoods USA ranking for Northeast?

Northeast is ranked #25 of 31 eligible neighborhoods in Anchorage; #27 of 33 eligible neighborhoods in AK; and #6,655 of 14,967 eligible neighborhoods in the United States.

Is Northeast one of the best neighborhoods in Anchorage?

Northeast has a Best Neighborhoods USA Index of 52.6 and a city ranking of #25 of 31 eligible neighborhoods in Anchorage.

How much are homes worth in Northeast?

The current Zillow Home Value Index for Northeast is approximately $393,068.

Are home values rising or falling in Northeast?

Zillow neighborhood values changed 3.2% year over year and 0.94% month over month.

What is the Neighborhood Momentum Score for Northeast?

Northeast has a Neighborhood Momentum Score of 80.9. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Northeast?

The NDS-derived neighborhood median household income is approximately $78,746.

How affordable is Northeast relative to household income?

The current Zillow home-value-to-household-income ratio is 4.99. Price-to-income affordability is a major Value Opportunity input.

Is Northeast primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 58.8%.

What is the unemployment rate in Northeast?

The NDS-derived civilian unemployment rate is approximately 6.7%.

How educated are residents of Northeast?

Approximately 25.8% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Northeast face high rent burden?

Approximately 47.4% of the applicable renter-household universe is estimated to spend 30% or more of household income on gross rent.

How does Best Neighborhoods USA score Northeast?

The overall index combines 40% Stability and Strength, 35% Value Opportunity, and 25% Momentum. Race, ethnicity, and identity composition are not scoring components.

Governed ranking context

How this neighborhood ranks

HMDA Mortgage Intelligence

Neighborhood Mortgage Market

HIGH

Modeled neighborhood-level mortgage activity allocated from governed HMDA tract data using Zillow neighborhood geometry. These neighborhood values are nonadditive and do not enter the Best Neighborhoods USA Index.

Activity year2024
Estimated applications710
Estimated originations412
Home-purchase applications381
Origination rate58.0%
Home-purchase share53.7%
Average application loan$257,593
Total application loan amount$182,900,701
National application rank#315 of 14,874 rankable neighborhoods
Geometry coverage96.2%
Recent trend: Applications 5.2% YoY; originations 5.2% YoY
Mortgage methodology

HMDA is natively reported at tract and other lender-reporting geographies, not Zillow neighborhood or ZIP geography. This module uses the certified NDS HMDA-to-Zillow tract-vintage crosswalk and area-weighted allocation. Rankings require governed geometry coverage. Applicant demographics are excluded. Neighborhood values may overlap and must not be summed to reconstruct ZIP or national totals.