Housing market/Alaska/ZIP 99654

ACS 2023 · FY2027 SAFMR

ZIP 99654 Wasilla, Alaska

Matanuska-Susitna Borough, AK HUD Metro FMR Area · Alaska. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
44,420
Households
15,794
Median HH income
$93,739
Renter share
28.3%
Median gross rent
$1,233
Vacancy
7.1%
Pop. change
-28.5%
2BR SAFMR
$1,260
SAFMR / rent
1.022×
2–49 unit stock
3,593
LIHTC proj / units
14 / 422
HUD assisted MF
6 / 62

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 99654 · AK — sent to you.

ZIP 99654 · AK

ACS median rent$1,233
2BR SAFMR$1,260
90% floor$1,134
110% ceiling$1,386

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 99654

  • 1-unit detached12,53473.7%
  • 1-unit attached4562.7%
  • 2–4 units2,32713.7%
  • 5–49 units1,2667.4%
  • 50+ units760.4%
  • Mobile3472.0%
TypeUnitsShare
1-unit detached12,53473.7%
1-unit attached4562.7%
2 units (duplex)1,1636.8%
3–4 units1,1646.8%
5–9 units5033.0%
10–19 units4842.8%
20–49 units2791.6%
50+ units760.4%
Mobile3472.0%

2–4 unit share 13.7% · 5–49 unit share 7.4% · combined 2–49 21.1%.

Units by bedrooms

Studio
431
1BR
1,380
2BR
3,024
3BR
7,724
4BR
3,599
5+
848

Rent burden

Rent ≥30% of income49.5%
Rent ≥50% of income18.6%
  • ACS median gross rent $1,233 (all bedrooms, occupied rentals).
  • Median contract rent $1,145.
  • Renters paying ≥30% of income 49.5%; ≥50% 18.6%.
  • FY2027 2BR SAFMR $1,260 (1.022× ACS median gross rent).

Population

44,420 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -28.5%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: 14 projects, 422 units.
  • HUD project-based assisted MF: 6 properties, 62 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 0 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.

Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.

What the data shows

ZIP 99654 28.3% of occupied households are renters; vacancy is 7.1%; ACS median gross rent is $1,233; population changed -28.5% between the 2018 and 2023 ACS vintages; the housing stock includes 2,327 units in 2–4-unit structures and 1,266 units in 5–49-unit structures; 14 LIHTC projects totaling 422 units; FY2027 2BR SAFMR is $1,260 versus ACS median gross rent of $1,233. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

Alaska research

ZIP 99654 is a Census / HUD profile for Matanuska-Susitna Borough, AK. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

Nearby ZIPs in this FMR area

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is Alaska research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 99654?

ZIP 99654 (Matanuska-Susitna Borough, AK HUD Metro FMR Area) has 44,420 residents, 15,794 households, a renter share of 28.3%, median household income of $93,739, and ACS 2023 median gross rent of $1,233. Vacancy is 7.1%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 99654?

ACS counts 1,163 units in 2-unit buildings, 1,164 in 3–4 unit buildings, 503 in 5–9, 484 in 10–19, and 279 in 20–49. Combined 2–49 unit stock is 3,593 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 99654?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,260. See the full schedule and 90–110% payment-standard band on the ZIP 99654 — Wasilla, AK HUD Section 8 Payment Standards / SAFMR.

Does this Alaska ZIP profile include Georgia listings?

No. ZIP 99654 is Census / HUD research for Matanuska-Susitna Borough, AK HUD Metro FMR Area. Jeff Crowe CRE does not list Alaska property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.