Anchorage is Alaska’s largest city. It has an estimated municipal population of 279,243. Anchorage constitutes more than 40 percent of the state’s total population. New York is the only other state that has a higher percentage of residents who live in the largest city in the state. In the past Anchorage has acquired the name of All-America City four times. It i also considered the most tax friendly city in the US by Kiplinger.