99606, Iliamna, AK

The 99606 zip code of Iliamna, AK is located in the interior of Alaska and has a population of just over 1,000 people. The median household income in this zip code is just over $50,000, which is significantly higher than the statewide median household income of just over $48,000. This high level of income indicates that the residents of this zip code are likely very wealthy.

However, despite the high levels of wealth among its residents, the 99606 zip code has one of the lowest home equity values in Alaska. In fact, according to Zillow’s 2018 Home Value Index report, the home equity value in this zip code is only about half of what it was five years ago. This low level of home equity may be due to a number of factors including low levels of homeownership and high levels of unemployment in this area.

Despite these challenges, however, there are some indications that the home equity values in this area are beginning to rebound. For example, according to data from Realtor Magazine’s 2019 National Home Price Index report, home prices in this zip code have increased by almost 20% since last year. This suggests that there may be some opportunity for homeowners who are looking to sell their homes and purchase newer ones within this area at a more affordable price point.