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CITY

Happy Valley

Alaska · 775 residents · 88.201 sq mi
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The short version

Happy Valley has notably lower household income than the US average, with a median household income of $54,464. The city has grown rapidly, with population up 58% since 2000. 21% of adults hold a bachelor's degree or higher, below the national rate of 36%. Median home value has roughly tripled since 2000, reaching $253,600. With a median age of 60.9, the population is older than the US median of 38.9. Households here earn about 41% less than the Alaska median.

At a glance
Lower income
below the US median
US median: $82,259
Older
median age 60.9
US median: 38.9
Less educated
21% hold a bachelor's degree
US average: 36%
Less affordable
home values up 60%, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
775
+58%since 2000
from 489 in 2000
1990 – 2024
Population density
9 / sq mi
+58%since 2000
from 6 / sq mi in 2000
US average: 281
Median age
60.9
+45%since 2000
from 42.0 in 2000
US average: 38.9
Population, 1990 – 2024
2173695226748261990201020202024Happy Valley
2024775
1990201020202024
Section 02

Income & economy

Median household income
$54,464
−1%inflation adjusted, since 2000
from $30,139 in 2000
US average: $82,259
1990 – 2024
Per capita income
$39,488
+104%since 2000
from $19,377 in 2000
US average: $44,673
Households earning $100K+
36.6%
−5.3 ptssince 2009
from 41.9% in 2009
US average: 53.3%
Poverty rate
19.8%
+2.3 ptssince 2000
from 17.5% in 2000
US average: 12.5%
Income inequality (Gini)
0.514
+2%since 2010
from 0.503 in 2010
US average: 0.476
Workforce by industry, 2024
Finance & insurance14.2%
US avg: 5.9%
Professional, scientific, technical14.2%
US avg: 5.1%
Information12.2%
US avg: 10.8%
Agriculture, forestry, fishing10.6%
US avg: 1.6%
Construction9.1%
US avg: 1.2%
Wholesale trade9.1%
US avg: 6.9%
Other services3.1%
US avg: 6.7%
Transportation & warehousing2%
US avg: 2.2%
Arts, entertainment, food2%
US avg: 1.9%
Manufacturing1.6%
US avg: 0.4%
Public administration1.6%
US avg: 4.8%
Retail trade0%
US avg: 9.9%
Education & health services0%
US avg: 0.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$253,600
+60%inflation adjusted, since 2000
from $86,900 in 2000
US average: $376,019
1990 – 2024
Median gross rent
$820
−36%inflation adjusted, since 2000
from $700 in 2000
US average: $1,442
Owner-occupied
86.5%
−0.3 ptssince 2000
from 86.7% in 2000
13.5% rent
Vacancy rate
37.7%
−18.8 ptssince 2009
from 56.4% in 2009
US average: 10.0%
Owner cost-burdened
27.9%
+16.9 ptssince 2009
from 11.0% in 2009
US average: 22.9%
Renter cost-burdened
0.0%
−37.5 ptssince 2009
from 37.5% in 2009
US average: 47.4%
Afford Score
4.7
+61%since 2000
from 2.9 in 2000
1990 – 2024
Gentrification Score
35
RELATED:See current rent listings in Happy Valley on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic86.9%(425)
Black0%(0)
Hispanic / Latino2.9%(14)
Asian0.4%(2)
Other0%
Diversity Score8.8%(43)
2024
White, non-Hispanic74.5%(577)
Black0%(0)
Hispanic / Latino3.9%(30)
Asian1.7%(13)
Other20%(155)
Diversity Score50.5%(391)
Diversity Score
50
+475%since 2000
from 9 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
21.0%
+12.9 ptssince 2000
from 8.1% in 2000
US average: 35.6%
High school or higher
89.3%
+8.4 ptssince 2000
from 80.9% in 2000
US average: 89.6%
Graduate degree
9.6%
+7.6 ptssince 2000
from 2.0% in 2000
US average: 14.0%
Section 06

Commute & transportation

Average commute
27.0 min
+44%since 2000
from 18.8 min in 2000
US average: 26.5
Drive alone to work
70.1%
−1.3 ptssince 2009
from 71.4% in 2009
US average: 68.9%
Carpooled to work
3.9%
−0.8 ptssince 2009
from 4.7% in 2009
US average: 8.5%
Public transit
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 3.2%
Worked from home
17.7%
+11.5 ptssince 2009
from 6.3% in 2009
US average: 15.0%
Walked to work
1.6%
−16.1 ptssince 2009
from 17.7% in 2009
US average: 2.4%
Biked to work
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 0.4%
No vehicle available
4.0%
−3.8 ptssince 2009
from 7.8% in 2009
US average: 8.3%
Section 07

Work & employment

Unemployment rate
7.0%
−11.2 ptssince 2011
from 18.1% in 2011
US average: 5.2%
Labor force participation
41.6%
−8.0 ptssince 2011
from 49.6% in 2011
US average: 63.5%
Self-employed
12.2%
+0.3 ptssince 2009
from 11.9% in 2009
US average: 13.1%
Management & professional
38.2%
−36.6 ptssince 2009
from 74.7% in 2009
US average: 42.5%
Section 08

People & community

Male
50.7%
+1.1 ptssince 2009
from 49.6% in 2009
Female
49.3%
−1.1 ptssince 2009
from 50.4% in 2009
Foreign born
1.4%
Unchangedsince 2009
from 1.4% in 2009
US average: 14.1%
Veterans
20.6%
−30.7 ptssince 2009
from 51.4% in 2009
US average: 6.2%
With a disability
30.2%
+13.3 ptssince 2012
from 16.9% in 2012
US average: 13.3%
Uninsured
11.1%
−65.4 ptssince 2013
from 76.5% in 2013
US average: 8.4%
Broadband at home
73.2%
+7.0 ptssince 2017
from 66.2% in 2017
US average: 91.0%
English only at home
95.6%
−1.5 ptssince 2016
from 97.1% in 2016
US average: 77.7%
Spanish at home
1.2%
+1.2 ptssince 2016
from 0.0% in 2016
US average: 13.6%
Drill deeper

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Frequently asked

How many people live in Happy Valley, Alaska?

Happy Valley, Alaska has about 775 residents according to the 2024 American Community Survey.

What is the median household income in Happy Valley, Alaska?

The typical household in Happy Valley, Alaska earns about $54,464 a year. Half of households make more than that, and half make less.

Is Happy Valley, Alaska expensive?

In Happy Valley, Alaska, the median home is worth about $253,600, and the typical rent is about $820 a month.

How educated are people in Happy Valley, Alaska?

About 21.0% of adults age 25 and over in Happy Valley, Alaska hold a bachelor's degree or higher.

What is the poverty rate in Happy Valley, Alaska?

About 19.8% of people in Happy Valley, Alaska live below the federal poverty line.

Has Happy Valley, Alaska grown since 1990?

Yes, Happy Valley, Alaska has grown since 1990. The population has added about 507 residents, a change of about 189 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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