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ZIP code 99516: Anchorage, AK

99516 is a ZIP code in Anchorage, Alaska, mainly in Anchorage Municipality, part of the Anchorage, AK metro area. About 21,500 people live here.

Population
21,500
Median household income
$173,984
Typical home value
$697,100+5.3% in 12 months
Median rent
$1,314gross, per month
Median age
41.1
Homeowners
90.6%of occupied homes
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Shaded: ZIP code 99516's area. Click anywhere on the map to see which ZIP code it's in.

ZIP codes within 10 milesWithin 25 miles

ZIP code 99516 details

CityAnchorage
StateAlaska
CountyAnchorage Municipality
Metro areaAnchorage, AK
Time zoneAlaska Time (UTC−9), observes daylight saving time
TypeStandard (delivery area)
Land area43.9 sq mi, plus 0 sq mi of water
Population density490 people per sq mi
Bachelor's degree or higher58.3% of adults 25+
Average commute21.9 minutes
Center coordinates61.07933, -149.70978

Median rent in 99516 by bedrooms

SizeMedian gross rent
1 bedroom$793/mo
3 bedrooms$1,873/mo
4 bedrooms$2,833/mo

Gross rent includes utilities paid by the tenant. ACS 2020–2024; sizes with too few rentals to estimate are left out.

ZIP codes near 99516

ZIP codeCityDistancePopulation
99511Anchorage, AK3.1 mi—
99507Anchorage, AK4.0 mi37,301
99515Anchorage, AK6.6 mi21,870
99510Anchorage, AK7.2 mi—
99518Anchorage, AK8.1 mi9,764
99504Anchorage, AK8.4 mi42,093
99508Anchorage, AK9.2 mi36,458
99529Anchorage, AK9.3 mi—

Population and median household income: ACS 2020–2024 5-year estimates. Typical home value: Zillow Home Value Index (September 2026) where available, otherwise the ACS median owner-reported value. "PO Box" marks ZIP codes with no delivery area of their own. Methodology

Buying a home in 99516?

A typical home in ZIP code 99516 is worth about $697,100 (Zillow Home Value Index). The median household here earns $173,984 a year. See what buying here would cost per month, with Alaska average taxes and insurance filled in.

Monthly payment for a $697,100 homeWhat can a $173,984 income afford?Rental property numbers

About ZIP code 99516

What city is ZIP code 99516?

ZIP code 99516 is in Anchorage, AK, in Anchorage Municipality.

What county is ZIP code 99516 in?

99516 is mainly in Anchorage Municipality, Alaska.

What is the population of ZIP code 99516?

About 21,500 people live in ZIP code 99516, according to the American Community Survey 2020–2024 5-year estimates.

What time zone is ZIP code 99516 in?

99516 is in Alaska Time (UTC−9). It observes daylight saving time.

What other ZIP codes does Anchorage have?

Anchorage, AK also uses 99501, 99502, 99503, 99504, 99507, 99508, 99509, 99510, 99511, 99513, 99514, 99515, 99517, 99518, 99519, 99520, 99521, 99522, 99523, 99524, 99529, 99530, 99599 and 99695.