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Knik River, 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
883
Population
$109,464
Median Income
$304,400
Home Value
40.5
Median Age

Demographics

Knik River has a population of 883 with a median age of 40.5. Here is the racial and ethnic breakdown of the population:

White
88.3%
Other
6.9%
Hispanic
4.8%
Demographic Value
Total Population883
Median Age40.5
White88.3%
Hispanic or Latino4.8%
Other / Two or More Races6.9%
Knik River, Alaska — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 100.White: 88.3%Other: 6.9%Hispanic/Latino: 4.8%883PopulationWhiteWhite88.3%OtherOther6.9%Hispanic/LatinoHispanic/Latino4.8%

Income & Economy

The median household income in Knik River is $109,464, which is 35.8% above the national median of $80,610. The per capita income is $47,441. The poverty rate is 6.3%.

$109,464
Median Household Income
$47,441
Per Capita Income
6.3%
Poverty Rate

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Education

In Knik River, 83.1% of residents age 25+ have a high school diploma or higher, and 28.7% hold a bachelor's degree or higher (4.2% with a graduate or professional degree).

HS Diploma+
83.1%
Bachelor's+
28.7%
Graduate+
4.2%
Education Level % of Adults (25+)
High School Diploma or Higher83.1%
Bachelor's Degree or Higher28.7%
Graduate or Professional Degree4.2%

Housing

The median home value in Knik River is $304,400, above the national median of $303,400. The median monthly rent is $1,375. The homeownership rate is 89.2%.

$304,400
Median Home Value
$1,375/mo
Median Rent
89.2%
Homeownership Rate
Housing Metric Value
Median Home Value$304,400
Median Monthly Rent$1,375
Homeownership Rate89.2%
Vacancy Rate12.3%

Salaries in Alaska

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Frequently Asked Questions

What is the population of Knik River, Alaska?
The population of Knik River, Alaska is 883 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Knik River, Alaska?
The median household income in Knik River, Alaska is $109,464. This is 35.8% above the national median of $80,610.
What is the median home value in Knik River, Alaska?
The median home value in Knik River, Alaska is $304,400. The median monthly rent is $1,375.
What percentage of people in Knik River have a college degree?
In Knik River, Alaska, 28.7% of adults age 25 and older hold a bachelor's degree or higher, and 83.1% have a high school diploma or higher.
Is Knik River, Alaska an affordable place to live?
The home price-to-income ratio in Knik River, Alaska is 2.8x (median home value $304,400 vs. median income $109,464), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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