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Government Hill

NeighborhoodThe kind of area this report covers. Neighborhood areas nest inside each other, from broad districts down to small pockets.Alaska
$472K
Median valueThe middle estimated value of all homes here, not just the ones that recently sold.

Housing Stock

HomesHow many homes we have records for in this area.333
Median value (AVM)The middle estimated value of all homes here, not just the ones that recently sold.$472K
Median sizeThe middle home size here, measured in square feet.1,971 ft²
Median bedroomsThe middle bedroom count for homes here.3
Median year builtThe middle build year for homes here. A recent year means most housing is newer.1964
Single familyThe share of homes here that are single-family houses.51%
CondosThe share of homes here that are condos.19%

Equity & Ownership

Equity rich (LTV ≤ 50%)The share of owners who owe half or less of what their home is worth, meaning they hold a lot of equity.31%
Underwater (LTV ≥ 125%)The share of owners who owe at least 25% more than their home is worth.1.5%
Owner occupiedThe share of homes lived in by their owner rather than rented out or left empty.62%
Company ownedThe share of homes owned by a company or trust instead of a person.29%
Median loan-to-valueThe middle share of home value still owed on loans across all owners here.67%
Typical ownership tenureHow long the typical owner here has held their home.10.0 yrs

CommunityThese are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.160
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.72
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.0

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.92%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.31%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.29%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.1%
PopulationHow many people live in this area.1,929
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.946 / mi²
Median household incomeThe middle household income here — half of households earn more, half earn less.$49K
Average household incomeThe average household income. It runs higher than the median when a few high earners pull it up.$58K
Average tempThe average temperature here across a full year.35°F
Annual precipHow much rain and melted snow falls here in a typical year.18 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.42%

How Government Hill compares

By median home value, Government Hill is the 16th most expensive of 36 neighborhoods in Anchorage County, and its typical home is worth more than 61% of all homes in Anchorage County.

Home values in Government Hill

Share of homes at each estimated value.

Median
$269K$778K
neighborhoods in Anchorage County ranked by median home value
#Anchorage CountyMedian valueHomes
1Basher$957K189
2Hillside East$794K980
3Rabbit Creek$790K2,626
4Glen Alps$782K102
5Girdwood$741K1,518
6Mid-Hillside$684K1,581
7South Fork$668K665
8Turnagain Arm$645K132
9Huffman-O'Malley$606K4,110
10Bear Valley$589K318
11South Addition$520K1,763
12Bayshore / Klatt$499K4,010
13Chugiak$497K2,746
14Eagle River Valley$491K4,537
15Birchwood$490K788
16Government Hill$472K333
17Old Seward / Oceanview$451K2,827
18Turnagain$446K3,708
19Sand Lake$433K7,918
20Eagle River$420K3,842
21Abbott Loop$396K8,102
22Rogers Park$393K1,306
23Tudor Area$368K614
24Scenic Foothills$367K3,279

36 neighborhoods in Anchorage County are ranked; the most valuable are listed here.

About the Government Hill market

How many homes are there in Government Hill, AK?

Government Hill, AK contains 333 residential properties, with a median of 1,971 square feet, 3 bedrooms, built around 1964. The median TopHap Estimate is $472K.

How does Government Hill, AK compare to the rest of Anchorage County?

By median home value, Government Hill, AK is the 16th most expensive of 36 neighborhoods in Anchorage County. Its typical home is worth more than 61% of all homes in Anchorage County. Birchwood ranks just above it and Old Seward / Oceanview just below. The ranking is rebuilt nightly from the county assessor record of every home in each area.

Do people own or rent in Government Hill, AK?

62% of homes in Government Hill, AK are owner-occupied. 29% are held by a company rather than an individual.

How much equity do owners in Government Hill, AK hold?

31% of mortgaged homes in Government Hill, AK are equity-rich, meaning the loan balance is under half the home's value. 1.5% owe more than the home is worth.

Nearby markets

Browse addresses

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Explore Government Hill on the map

See every recorded sale, price heat map, school zone and flood overlay across Government Hill in TopHap’s interactive 3D map.

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A flyover of TopHap's photorealistic 3D map, with recorded sale prices pinned to homes
Search any address, city, zip, or county…3D$1.9M$6.25MOpen in map