Happy Valley

Population: 773
Median household income: $55,521
Median home value: $208,600

Happy Valley is a community in Kenai Peninsula Borough, Alaska, home to 773 residents. Its median household income of $55,521 runs below the Kenai Peninsula Borough figure of $77,722.

Between 2019 and 2023, Happy Valley's population grew 31.5% from 588 to 773, while its median home value rose 1.0% from $206,500 to $208,600.

Households average 2.03 people. 23.4% of adults 25 and older hold a bachelor's degree or higher.

Demographics

ACS 2019–2023

Population: 773
Median age: 61.5 yrs
Median household income: $55,521
Median home value: $208,600
Median gross rent: —
Housing units: 614
Homeownership rate: 91.3%
Bachelor's degree or higher: 23.4%
Unemployment rate: 9.3%

Trends

ACS 5-year · 2019–2023

Population

588773

Median household income

$53,625$55,521

Median home value

$206,500$208,600

Median gross rent

$1,102$1,148

Year	Population	Median household income	Median home value	Median gross rent
2019	588	$53,625	$206,500	$1,102
2020	667	$47,500	$216,200	$1,148
2021	700	$45,952	$201,400	—
2022	748	$52,273	$199,000	—
2023	773	$55,521	$208,600	—

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 53.1%

5 to 1711.5%

18 to 247.0%

25 to 343.8%

35 to 449.8%

45 to 544.7%

55 to 6419.8%

65 to 7422.3%

75 and over18.1%

	Count	Share
Under 5	24	3.1%
5 to 17	89	11.5%
18 to 24	54	7.0%
25 to 34	29	3.8%
35 to 44	76	9.8%
45 to 54	36	4.7%
55 to 64	153	19.8%
65 to 74	172	22.3%
75 and over	140	18.1%

Race & ethnicity

	Count	Share
White (non-Hispanic)	592	76.6%
Black or African American	0	0.0%
American Indian & Alaska Native	81	10.5%
Asian	11	1.4%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	5	0.6%
Two or more races	66	8.5%
Hispanic or Latino (any race)	18	2.3%

Educational attainment (age 25+)

No high school diploma7.6%

High school graduate34.0%

Some college or associate's35.0%

Bachelor's degree13.4%

Graduate or professional degree10.1%

	Count	Share
No high school diploma	46	7.6%
High school graduate	206	34.0%
Some college or associate's	212	35.0%
Bachelor's degree	81	13.4%
Graduate or professional degree	61	10.1%

Commute to work

Mean travel time to work: 25 min

Drove alone68.7%

Carpooled4.1%

Public transit0.0%

Walked1.6%

Bicycle0.0%

Worked from home15.6%

Other means9.9%

How workers get to work

	Count	Share
Drove alone	167	68.7%
Carpooled	10	4.1%
Public transit	0	0.0%
Walked	4	1.6%
Bicycle	0	0.0%
Worked from home	38	15.6%
Other means	24	9.9%

Travel time

	Count	Share
Under 15 min	84	41.0%
15 to 29 min	70	34.1%
30 to 44 min	18	8.8%
45 to 59 min	21	10.2%
60+ min	12	5.9%

Households

Average household size: 2.03
Poverty rate: 17.1% (132 of 773)

	Count	Share
Family households	210	55.1%
Nonfamily households	171	44.9%

Housing

Median year structure built: 1995

Occupancy

	Count	Share
Occupied	381	62.1%
Vacant	233	37.9%

Tenure (of occupied units)

	Count	Share
Owner-occupied	348	91.3%
Renter-occupied	33	8.7%

1-unit, detached93.6%

1-unit, attached1.6%

2 to 4 units0.0%

5 to 19 units0.0%

20 or more units0.0%

Mobile home & other4.7%

Units in structure

	Count	Share
1-unit, detached	575	93.6%
1-unit, attached	10	1.6%
2 to 4 units	0	0.0%
5 to 19 units	0	0.0%
20 or more units	0	0.0%
Mobile home & other	29	4.7%

Geography

Place GEOID: 0231710
Type (LSAD): 57
Land area: 88 sq mi
Water area: 0 sq mi
Center point: 59.8985, -151.5289