This page contains aggregated information about each property, and is not intended to serve as an appraisal. Projections for accumulated wealth, cash flow and equity are based on predictive models used to analyze big data on more than 110 million homes. Learn more about INVESTimate

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This page contains aggregated information about each property, and is not intended to serve as an appraisal. Projections for accumulated wealth, cash flow and equity are based on predictive models used to analyze big data on more than 110 million homes. Learn more about INVESTimate

1504 H St 4 Anchorage, AK 99501

3 Beds 4 Baths 2,596 sqft Built 2015
Last updated:  Mar 30, 2018

INVESTimate

$426,173

$392K - $461K

Price Est.

$3,413

$3.0K - $3.9K

Rent Est.

$443,177  ( +3.99%)   1 YR EST. FORECAST
  
  
  

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PROPERTY INFO

FACTS
  • Built In 2015
  • Price/Sqft : $164.17
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,596 sqft
  • Baths : 3 Full 1 Half

SCHOOLS

Sorry, we do not have sufficient school data for this neighborhood.
 

Financial Details

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Neighborhood

ANCHORAGE

  • 17,096

    POPULATION
  • 7,516

    HOUSEHOLDS
  • 66.7%

    WHITE COLLAR

Neighborhood : ANCHORAGE

HOUSEHOLDS
7,516
POPULATION

17,096

70.2%Renters
29.8%Home Owners
LABOR FORCE

 

66.7%White Collar
33.3%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 72% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $3,413 per month.

MY RENT : $3,413 MEDIAN RENT : $1,902

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.3%
$1,000-1,499 27.5%
>=$1,500 72.2%
Household Rent Affordability

According to U.S. Department of Housing and Urban Development, families that use more than 30% of their income to pay for housing are considered cost burdened. A target rent of $3,413 would therefore be considered affordable for annual household incomes greater than $136,520 (12 months x 3.333 x $3,413).

Rent % Affordability
Above $500 78.8%
Above $700 72.1%
Above $1,100 57.9%
Above $1,500 46.6%
Above $1,900 37.1%
HOUSEHOLD INCOME RANGE

Approximately 823 of households in this neighborhood have a total annual income of $136,520 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $3,413 per month.

MINIMUM INCOME RANGE : $136,520

Income % Distribution
<$20K 21.2%
$20K-$35K 13.4%
$35K-$60K 18.8%
$60K-$100K 22.5%
>=$100K 24.1%
COMMUTE TIME DISTRIBUTION

50% of the working population has a commute time of 15 to 44 minutes, 46% has a commute time of 14 minutes or less and 4% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 3.3%
5-9 mins 12.9%
10-14 mins 29.5%
15-19 mins 25.9%
20-29 mins 18.3%
30-44 mins 6.1%
45-59 mins 1.9%
>60 mins 2.2%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 72% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $3,413 per month.

MY RENT : $3,413 MEDIAN RENT : $1,902

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.3%
$1,000-1,499 27.5%
>=$1,500 72.2%
Household Rent Affordability

According to U.S. Department of Housing and Urban Development, families that use more than 30% of their income to pay for housing are considered cost burdened. A target rent of $3,413 would therefore be considered affordable for annual household incomes greater than $136,520 (12 months x 3.333 x $3,413).

Rent % Affordability
Above $500 78.8%
Above $700 72.1%
Above $1,100 57.9%
Above $1,500 46.6%
Above $1,900 37.1%
HOUSEHOLD INCOME RANGE

Approximately 823 of households in this neighborhood have a total annual income of $136,520 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $3,413 per month.

MINIMUM INCOME RANGE : $136,520

Income % Distribution
<$20K 21.2%
$20K-$35K 13.4%
$35K-$60K 18.8%
$60K-$100K 22.5%
>=$100K 24.1%
COMMUTE TIME DISTRIBUTION

50% of the working population has a commute time of 15 to 44 minutes, 46% has a commute time of 14 minutes or less and 4% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 3.3%
5-9 mins 12.9%
10-14 mins 29.5%
15-19 mins 25.9%
20-29 mins 18.3%
30-44 mins 6.1%
45-59 mins 1.9%
>60 mins 2.2%

Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 9.9%
Health Care & Social Assistance 19.5%
Professional & Scientific Tech Services 9.4%
Public Administration 9.2%
Retail & Wholesale Trader 12.6%
Transportation 6.0%
Other 33.3%
AGE DISTRIBUTION

60% of the population is between the ages of 25 and 64, 27% is 24 or younger and 13% is 65 or older.

Age % Distribution
<15 13.4%
15-19 4.9%
20-24 8.5%
25-44 31.1%
45-65 29.3%
66+ 13.0%
OCCUPATION

Occupation % Distribution
Computer Engineering 7.7%
Healthcare 11.4%
Management, Business, & Financial 20.7%
Natural Resources Maintenance 7.9%
Production & Transportation 8.2%
Sales & Office 20.0%
Other 24.0%
HIGHEST EDUCATION LEVEL

19% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 7.1%
High School 24.1%
Masters Degree 7.2%
Some College 25.4%
Some High School 11.4%
Other 24.8%

Comps

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