What is the median household income in South Lakes, AK?
The median household income in South Lakes, AK is $98,141 (±$12,124) a year (2020–2024 American Community Survey).
Paying the median gross rent of $1,178 a month would take about $47,100 a year at the common guideline of spending no more than 30% of income on rent.
Figures last updated on .
- Median household income
- $98,141 (±$12,124)
- Median renter income
- $60,869 (±$11,219)
- Income to afford median rent
- about $47,100
Income in South Lakes against Matanuska-Susitna Borough, its state and the nation
| South Lakes | Matanuska-Susitna Borough | Alaska | United States | |
|---|---|---|---|---|
| Median household income | $98,141 (±$12,124) | $94,031 (±$2,542) | $92,788 (±$1,232) | $80,734 |
| Median renter household income | $60,869 (±$11,219) | $52,324 (±$4,825) | $64,073 (±$1,408) | $52,966 |
| Median owner household income | $134,097 (±$15,573) | $108,114 (±$3,661) | $112,787 (±$1,515) | $100,009 |
| Median gross rent | $1,178 (±$79) | $1,299 (±$55) | $1,419 (±$23) | $1,413 |
In South Lakes, median household income is not measurably different from Matanuska-Susitna Borough ($94,031).
It is not measurably different from Alaska ($92,788).
It is higher than the national figure ($80,734).
In Matanuska-Susitna Borough, South Lakes ranks 8 of 17 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 27 of 168.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How much you need to earn to rent in South Lakes
Many landlords and housing programs use 30% of gross income as the most a household should spend on rent.
At that guideline, the median gross rent of $1,178 a month ($14,136 a year) needs an income of about $47,100 a year.
The median renting household in South Lakes earns $60,869 a year.
This is arithmetic on the published medians, not a rule any landlord must follow; screening criteria vary and some places limit how income may be weighed.
Median household income in places near South Lakes
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| South Lakes | — | $98,141 (±$12,124) | — |
| North Lakes | 2.1 mi | $101,679 (±$10,694) | Not measurably different |
| Gateway | 3.4 mi | $137,772 (±$19,965) | Higher |
| Wasilla | 4.8 mi | $67,234 (±$11,368) | Lower |
| Tanaina | 6.1 mi | $105,536 (±$11,246) | Not measurably different |
| Farm Loop | 6.2 mi | $119,375 (±$22,147) | Not measurably different |
| Palmer | 6.6 mi | $72,201 (±$6,849) | Lower |
| Fishhook | 10.0 mi | $111,375 (±$13,457) | Not measurably different |
| Meadow Lakes | 10 mi | $81,699 (±$7,450) | Lower |
Nearby places with a measurably lower figure: Wasilla, AK ($67,234), Palmer, AK ($72,201), Meadow Lakes, AK ($81,699).
Nearby places with a measurably higher figure: Gateway, AK ($137,772).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Matanuska-Susitna Borough, place by place
| Rank | Place | Median household income |
|---|---|---|
| 2 | Farm Loop | $119,375 (±$22,147) |
| 3 | Fishhook | $111,375 (±$13,457) |
| 4 | Tanaina | $105,536 (±$11,246) |
| 5 | North Lakes | $101,679 (±$10,694) |
| 6 | Lazy Mountain | $101,667 (±$13,126) |
| 7 | Butte | $101,042 (±$16,326) |
| 8 | South Lakes | $98,141 (±$12,124) |
| 9 | Knik-Fairview | $96,437 (±$9,274) |
| 10 | Willow | $89,000 (±$14,385) |
| 11 | Meadow Lakes | $81,699 (±$7,450) |
| 12 | Big Lake | $81,406 (±$14,976) |
| 13 | Sutton-Alpine | $75,119 (±$15,230) |
| 14 | Houston | $73,015 (±$18,540) |
Showing 13 of 17 places in Matanuska-Susitna Borough, ranked from highest to lowest.
South Lakes is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about South Lakes
What is the median household income in South Lakes?
The median household income in South Lakes is $98,141 (±$12,124) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in South Lakes?
About $47,100 a year, if rent is to stay at or below 30% of income at the median gross rent of $1,178 a month.
What do renters earn in South Lakes?
The median renting household in South Lakes, AK earns $60,869 (±$11,219) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — South Lakes CDP, Alaska
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — South Lakes CDP, Alaska
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — South Lakes CDP, Alaska
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — South Lakes CDP, Alaska
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — South Lakes CDP, Alaska
- Median Value (B25077), 2015–2019 ACS 5-year estimates — South Lakes CDP, Alaska
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for South Lakes CDP, Alaska (place:72135, in state:02).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B19013_001E, B19013_001M, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP03_0062E, DP03_0062M, B25119_003E, B25119_003M, B25119_002E, B25119_002M, DP04_0134E, DP04_0134M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in South Lakes at a glance
- Median rent in South Lakes
- Rent by bedrooms in South Lakes
- Rent burden in South Lakes
- Renters and owners in South Lakes
- Home values in South Lakes
- Homeowner costs in South Lakes
- Property taxes in South Lakes
- Types of homes in South Lakes
- Bedrooms in South Lakes
- Age of homes in South Lakes
- Heating fuel in South Lakes
- Commute and cars in South Lakes
- How long people stay in South Lakes
- Crowding and facilities in South Lakes
- Alaska landlord and tenant rules
- Housing across Matanuska-Susitna Borough
- Alaska places ranked by median household income
- Housing data for every place in Alaska