Employment
This area excels in the employment category with a score well above average, primarily due to the higher median home income, per capita income and low unemployment rates.
Housing
High scores in the housing category are attributed to this area, possibly pointing to a favorable home affordability ratio, robust appreciation rates or elevated home values.
Amenities
A large portion of amenities are not ideally situated within walking distance, potentially requiring residents to utilize a vehicle or public transportation.
Commute
Access to public transportation in this particular area may be limited, which can result in longer-than-average commute times to reach workplaces.
Cost Of Living
The cost of living in this area is notably high, making it a more expensive place to live. You'll find higher expenses for everyday goods and services, housing and groceries.
Located in the state of Alaska, Gateway is a smaller city with a population of 5,965 inhabitants. At 78%, the majority of the Gateway population is White; this is followed by 5% Black and 5% American Indian and Alaskan. With an average age of 32 years old, Gateway could be a great place to live for young adults as this age is well below the national average. An important consideration when living in Gateway is the longer-than-average commute times. If you seek a short work commute, this area may not be the best choice for you. The one-way commute time here typically takes 37 minutes, far surpassing the national average of 26 minutes.
Living in Gateway can be a positive experience for anyone relocating to the city. Having said that, in the state of Alaska, there are many incredible places to live, so choose wisely! When searching for a new neighborhood, several factors play a vital role in determining its suitability. Safety should be a top priority, ensuring a secure environment with low crime rates. Proximity to your workplace or school helps minimize commuting time and allows for a better work-life balance. Availability of essential amenities such as parks, coffee shops, restaurants, grocery stores, and healthcare facilities contributes to convenience and well-being. Access to reliable public transportation options facilitates easy commuting and connectivity. Additionally, considering the sense of community and the overall atmosphere that resonates with your lifestyle and preferences fosters a harmonious living experience. Finding the best places to live in Gateway and nearby areas is a much easier task when you can rely on information and data from the livability score, which includes amenities, crime, cost of living, health & safety and other important metrics.
Gateway, AK receives 59 out of 100 for its livability score; this results in a ranking of #47 in Alaska and #18,144 in the USA. This score ranks well below the national average. With such a low livability score, it might be worth investigating a little further. There are nine total categories that form the livability score. Gateway scores well for employment (A+) and housing (A+) There are some categories that Gateway scores poorly for, including: amenities (F), crime (D-), cost of living (F) and education (D). It might be worth taking a closer look to determine why.
Finding affordable real estate and housing in Gateway can be tricky. Having said that, this area might be the place to get the best of both worlds. Based on factors like home/rental affordability and appreciation rates, this area has received an above average score in the housing category. A healthy real estate market can lead to wealth appreciation for property owners, as rising property values can contribute to homeowners' equity, financial stability and the ability to build long-term wealth.
Assuming that Gateway meets all of your requirements like low crime rates, good schools and great local amenities, the next most important item to examine is the affordability of real estate in Gateway. Everything else becomes a lot less important if it turns out that home prices in Gateway are simply unattainable. The median home price for Gateway homes is $333,200, which is 29.6% higher than the Alaska average. If we take a closer look at the affordability of homes in Gateway, we’ll see that the home price to income ratio is 3.2, which is 8.6% lower than the Alaska average.
| Statistic | Gateway | Alaska | National |
| Average one way commute | 37min | 19min | 26min |
| Workers who drive to work | 69.8% | 68.1% | 76.4% |
| Workers who carpool | 12.3% | 12.5% | 9.3% |
| Workers who take public transit | 2.1% | 1.5% | 5.1% |
| Workers who bicycle | 0.0% | 1.0% | 0.6% |
| Workers who walk | 1.4% | 7.9% | 2.8% |
| Working from home | 7.9% | 4.6% | 4.6% |
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