99776, Tanacross, AK

The Tanacross, AK zip code of 99776 has a median home value of $187,500 and a median home equity value of $147,500. This is significantly higher than the statewide median home value of $169,900 and the statewide median home equity value of $142,700. The Tanacross zip code also has a significantly higher percentage of homes with a mortgage than the statewide percentage of homes with a mortgage at 66%. This indicates that homeowners in this zip code are more likely to have access to affordable financing for purchasing or upgrading their homes.

One potential explanation for the high level of home values in the Tanacross zip code is its proximity to Anchorage. As reported by Zillow, the average commute time to work in Anchorage is just over 26 minutes, which is much shorter than the average commute time to work in most other parts of Alaska. This may make it more desirable for people living in Tanacross to live near Anchorage and spend less time commuting each day. Additionally, many people who live in Tanacross may be able to afford larger homes because they earn relatively high incomes compared to residents elsewhere in Alaska.