Top Industries If You Plan to Work and Live in Anchorage
If you're considering relocating to Anchorage, you should read about the local economy to help you make an informed decision. With around 288,000 residents, Anchorage is Alaska's most populated city, accounting for 42 percent of the state's total population. With a population of approximately 400,000 people, the greater Anchorage metro area provides something for everyone, from mountain view homes to new construction homes. The transportation, tourism, oil, military, and government sectors are the mainstays of the city's economy. Its economy is inextricably linked to its vast natural riches and strategic location. 95 percent of all products entering Alaska enter through the Port of Anchorage. Oil and gas The U.S. government, as well as the oil industry, have been critical to Anchorage's economy. In fact, the city got its start with the federally-funded Alaska railroad, followed by the military defense system, making for a less-than-diversified economy of the time....