Happy Valley is a community in Kenai Peninsula Borough, Alaska, home to about 775 people across 88 square miles. It has no ZIP code of its own: it’s part of 99556 and 99639.
Homes sold for a median of $227 per square foot across 2 ZIP codes in the three months ending August 2026, and 0 of 2 were seller’s markets.
Mostly Anchor Point; part is in Happy Valley
Mostly Ninilchik; part is in Happy Valley
Each card is that ZIP code’s whole market, including any part outside Happy Valley. Seller’s market: under 4 months of supply; buyer’s market: over 6. Methodology
We’re writing up Happy Valley’s story and what everyday life there is like, for people thinking about moving in.
Are you a local agent who knows Happy Valley well? Agents who advertise here will be able to write the guide. Advertise on OfferBacked
| Nearest major airport | Ted Stevens Anchorage International Airport (ANC)108 miles away |
|---|---|
| Closer regional airport | Homer Airport (HOM)17 miles away |
| Nearest city of 250,000+ | Anchorage, AK122 miles away |
Straight-line distances from the center of Happy Valley; driving is longer.
Source: Airports from OurAirports (scheduled passenger service); city centers and populations from the U.S. Census Bureau.
Source: Members of Congress from the congress-legislators project; districts from the Census Bureau’s relationship files; governor and mayor from Wikidata.
Happy Valley had 713 residents in the 2020 census, up 46% since 2000.
It’s the 94th largest of 321 towns in Alaska by population.
Kenai Peninsula Borough grew from 6,097 residents in 1960 to 58,799 in 2020.
Kenai Peninsula Borough, 1960–2020
Source: U.S. Census Bureau decennial censuses (counties 1900–1990 from the Bureau’s historical county file).
Average highs peak around 61°F in summer, and winter lows average 18°F. About 29.7 inches of rain and melted snow fall in a typical year, with about 101 inches of snow.
Source: NOAA 1991–2020 climate normals, Homer 8 Nw, AK weather station (9 miles away).
15,786 jobs at 2,405 businesses in Kenai Peninsula Borough. The biggest industries by employees:
Source: U.S. Census Bureau County Business Patterns 2023 (private employers; jobs counted where people work).
16 doctors and other health care providers list an office in Happy Valley’s ZIP codes.
Nearest hospitals
Providers with an office here
| Primary care doctors | 1 |
|---|---|
| Dentists | 2 |
| Nurse practitioners and physician assistants | 5 |
| Mental health providers | 4 |
| Physical and occupational therapists | 3 |
| Chiropractors | 1 |
Source: Hospitals from CMS Hospital General Information (ratings are CMS overall star ratings); straight-line distances; providers from the CMS National Plan and Provider Enumeration System (NPPES), by practice address and primary specialty.
Parks (1 nearby)
Libraries
Counts are within about 6 miles of the center of town.
Source: Map data © OpenStreetMap contributors (openstreetmap.org/copyright), as mapped by volunteers; it can miss places or include closed ones.
Public schools here are run by Kenai Peninsula Borough School District. Check each district’s attendance zones for a specific address.
| School | Grades | Students | Type | Distance |
|---|---|---|---|---|
| Chapman SchoolAnchor Point | Pre-K–8 | 168 | Public | 7.8 mi |
| Nikolaevsk SchoolNikolaevsk | Pre-K–12 | 19 | Public | 4.8 mi |
| Ninilchik SchoolNinilchik | Pre-K–12 | 107 | Public | 12.2 mi |
Source: U.S. Department of Education, NCES: Common Core of Data (2024-2025) for public schools. Listed by address; we don’t rate schools.
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Shares ZIP codes with Anchor Point, Ninilchik and Nikolaevsk.
Town boundaries don’t always match ZIP codes: a ZIP code can cross into neighboring towns, and a town can share a ZIP code with its neighbors. Facts describe the town itself; market figures describe whole ZIP codes.