How many renters in South Lakes, AK pay more than 30% of their income on rent?
56.2% (±17.7 points) of renting households in South Lakes, AK spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).
42.1% spend 35% or more.
The median renting household spends 32.2% of its income on rent.
Figures last updated on .
- Paying 30% or more
- 56.2% (±17.7 points)
- Paying 35% or more
- 42.1% (±13.5 points)
- Median share of income
- 32.2% (±5.7 points)
Rent as a share of income in South Lakes
| Share of income spent on rent | South Lakes | Matanuska-Susitna Borough | Alaska | United States |
|---|---|---|---|---|
| Less than 15% | 11.4% (±7.1 points) | 13.7% | 16.0% | 12.6% |
| 15% to 19.9% | 8.8% (±5.7 points) | 13.1% | 14.0% | 12.2% |
| 20% to 24.9% | 19.0% (±10.3 points) | 11.8% | 13.9% | 12.6% |
| 25% to 29.9% | 4.6% (±4.1 points) | 8.7% | 11.6% | 11.5% |
| 30% to 34.9% | 14.1% (±11.5 points) | 11.5% | 9.6% | 9.2% |
| 35% or more | 42.1% (±13.5 points) | 41.1% | 35.1% | 41.9% |
Households whose income could not be measured against their rent (for example, those reporting no income) are left out of these shares, as the Census Bureau leaves them out.
South Lakes against Matanuska-Susitna Borough, its state and the nation
| South Lakes | Matanuska-Susitna Borough | Alaska | United States | |
|---|---|---|---|---|
| Paying 30% or more | 56.2% (±17.7 points) | 52.6% (±4.5 points) | 44.7% (±1.7 points) | 51.1% |
| Paying 35% or more | 42.1% (±13.5 points) | 41.1% (±3.7 points) | 35.1% (±1.4 points) | 41.9% |
| Median share of income | 32.2% (±5.7 points) | 31.2% (±1.6 points) | 27.7% (±0.5 points) | 30.6% |
| Median renter household income | $60,869 (±$11,219) | $52,324 (±$4,825) | $64,073 (±$1,408) | $52,966 |
| Median gross rent | $1,178 (±$79) | $1,299 (±$55) | $1,419 (±$23) | $1,413 |
In South Lakes, the share of renters paying 30% or more of income is not measurably different from Matanuska-Susitna Borough (52.6%).
It is not measurably different from Alaska (44.7%).
It is not measurably different from the national figure (51.1%).
In Matanuska-Susitna Borough, South Lakes ranks 6 of 18 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.
Statewide, it ranks 37 of 169.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
Renters paying 30% or more of income in places near South Lakes
| Place | Distance | Renters paying 30% or more of income | Compared with this place |
|---|---|---|---|
| South Lakes | — | 56.2% (±17.7 points) | — |
| North Lakes | 2.1 mi | 43.0% (±14.6 points) | Not measurably different |
| Gateway | 3.4 mi | 34.9% (±19.4 points) | Not measurably different |
| Wasilla | 4.8 mi | 64.8% (±11.5 points) | Not measurably different |
| Tanaina | 6.1 mi | 40.8% (±13.4 points) | Not measurably different |
| Farm Loop | 6.2 mi | 56.0% (±30.5 points) | Not measurably different |
| Palmer | 6.6 mi | 55.4% (±8.8 points) | Not measurably different |
| Fishhook | 10.0 mi | 32.9% (±25.2 points) | Not measurably different |
| Meadow Lakes | 10 mi | 53.4% (±11.3 points) | Not measurably different |
None of the nearby places differs measurably from this one on this figure.
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Renters paying 30% or more of income across Matanuska-Susitna Borough, place by place
| Rank | Place | Renters paying 30% or more of income |
|---|---|---|
| 1 | Susitna North | 87.6% (±37.6 points) |
| 2 | Sutton-Alpine | 70.2% (±42.1 points) |
| 3 | Point MacKenzie | 65.4% (±77.7 points) |
| 4 | Wasilla | 64.8% (±11.5 points) |
| 5 | Big Lake | 58.7% (±25.4 points) |
| 6 | South Lakes | 56.2% (±17.7 points) |
| 7 | Farm Loop | 56.0% (±30.5 points) |
| 8 | Palmer | 55.4% (±8.8 points) |
| 9 | Meadow Lakes | 53.4% (±11.3 points) |
| 10 | Knik-Fairview | 52.5% (±13.3 points) |
| 11 | Houston | 51.0% (±17.0 points) |
| 12 | Butte | 45.5% (±15.7 points) |
Showing 12 of 18 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).
Margins of error are at the 90% confidence level.
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Questions about South Lakes
Are renters in South Lakes rent-burdened?
56.2% of renting households in South Lakes pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).
What share of income do renters in South Lakes spend on rent?
The median renting household in South Lakes, AK spends 32.2% (±5.7 points) of its household income on gross rent.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — South Lakes CDP, Alaska
- Median Gross Rent as a Percentage of Household Income (B25071), 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
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 API needs a free key.
DP04_0136E, DP04_0136M, DP04_0137PE, DP04_0137PM, DP04_0138PE, DP04_0138PM, DP04_0139PE, DP04_0139PM, DP04_0140PE, DP04_0140PM, DP04_0141PE, DP04_0141PM, DP04_0142PE, DP04_0142PM, B25071_001E, B25071_001M, B25119_003E, B25119_003M
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
- Renters and owners in South Lakes
- Income and affordability 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 rent burden
- Housing data for every place in Alaska