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Happy Valley, Alaska

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
775
Population
$54,464
Median Income
$253,600
Home Value
60.9
Median Age

Demographics

Happy Valley has a population of 775 with a median age of 60.9. Here is the racial and ethnic breakdown of the population:

White
74.5%
Other
19.9%
Hispanic
3.9%
Asian
1.7%
Demographic Value
Total Population775
Median Age60.9
White74.5%
Asian1.7%
Hispanic or Latino3.9%
Other / Two or More Races19.9%
Happy Valley, Alaska — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 100.White: 74.5%Other: 19.9%Hispanic/Latino: 3.9%Other: 1.7%775PopulationWhiteWhite74.5%OtherOther19.9%Hispanic/LatinoHispanic/Latino3.9%OtherOther1.7%

Income & Economy

The median household income in Happy Valley is $54,464, which is 32.4% below the national median of $80,610. The per capita income is $39,488. The poverty rate is 19.8%.

$54,464
Median Household Income
$39,488
Per Capita Income
19.8%
Poverty Rate

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Education

In Happy Valley, 89.3% of residents age 25+ have a high school diploma or higher, and 21.0% hold a bachelor's degree or higher (9.6% with a graduate or professional degree).

HS Diploma+
89.3%
Bachelor's+
21.0%
Graduate+
9.6%
Education Level % of Adults (25+)
High School Diploma or Higher89.3%
Bachelor's Degree or Higher21.0%
Graduate or Professional Degree9.6%

Housing

The median home value in Happy Valley is $253,600, below the national median of $303,400. The median monthly rent is $820. The homeownership rate is 86.5%.

$253,600
Median Home Value
$820/mo
Median Rent
86.5%
Homeownership Rate
Housing Metric Value
Median Home Value$253,600
Median Monthly Rent$820
Homeownership Rate86.5%
Vacancy Rate37.7%

Salaries in Alaska

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Frequently Asked Questions

What is the population of Happy Valley, Alaska?
The population of Happy Valley, Alaska is 775 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Happy Valley, Alaska?
The median household income in Happy Valley, Alaska is $54,464. This is 32.4% below the national median of $80,610.
What is the median home value in Happy Valley, Alaska?
The median home value in Happy Valley, Alaska is $253,600. The median monthly rent is $820.
What percentage of people in Happy Valley have a college degree?
In Happy Valley, Alaska, 21.0% of adults age 25 and older hold a bachelor's degree or higher, and 89.3% have a high school diploma or higher.
Is Happy Valley, Alaska an affordable place to live?
The home price-to-income ratio in Happy Valley, Alaska is 4.7x (median home value $253,600 vs. median income $54,464), making it moderately affordable by that measure. A ratio under 4.0 is generally considered affordable.

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