Alaska USDA Loans

Alaska (/əˈlæskə/ ⓘ ə-LAS-kə) is a non-contiguous U.S. state on the northwest extremity of North America. It borders British Columbia and Yukon in Canada to the east and it shares a western maritime border in the Bering Strait with Russia’s Chukotka Autonomous Okrug. The Chukchi and Beaufort Seas of the Arctic Ocean lie to the north and the Pacific Ocean lies to the south. Technically a semi-exclave of the U.S., Alaska is the largest exclave in the world.

Alaska is the largest U.S. state by area, comprising more total area than the next three largest states of Texas, California and Montana combined, and is the seventh-largest subnational division in the world. It is the third-least populous and most sparsely populated U.S. state, but is, with a population of 736,081 as of 2020, the continent’s most populous territory located mostly north of the 60th parallel, with more than quadruple the combined populations of Northern Canada and Greenland. The state capital of Juneau is the second-largest city in the United States by area. The former capital of Alaska, Sitka, is the largest U.S. city by area. The state’s most populous city is Anchorage. Approximately half of Alaska’s residents live within the Anchorage metropolitan area.

Indigenous people have lived in Alaska for thousands of years, and it is widely believed that the region served as the entry point for the initial settlement of North America by way of the Bering land bridge. The Russian Empire was the first to actively colonize the area beginning in the 18th century, eventually establishing Russian America, which spanned most of the current state, and promoted and maintained a native Alaskan Creole population. The expense and logistical difficulty of maintaining this distant possession prompted its sale to the U.S. in 1867 for US$7.2 million (equivalent to $151 million in 2022). The area went through several administrative changes before becoming organized as a territory on May 11, 1912. It was admitted as the 49th state of the U.S. on January 3, 1959.

Abundant natural resources have enabled Alaska—with one of the smallest state economies—to have one of the highest per capita incomes, with commercial fishing, and the extraction of natural gas and oil, dominating Alaska’s economy. U.S. Armed Forces bases and tourism also contribute to the economy; more than half the state is federally-owned land containing national forests, national parks, and wildlife refuges. It is among the most irreligious states, one of the first to legalize recreational marijuana, and is known for its libertarian-leaning political culture, generally supporting the Republican Party in national elections. The Indigenous population of Alaska is proportionally the second highest of any U.S. state, at over 15 percent, after only Hawaii. Various Indigenous languages are spoken, and Alaskan Natives are influential in local and state politics.

The name “Alaska” (Russian: Аляска, romanized: Alyaska) was introduced in the Russian colonial period when it was used to refer to the Alaska Peninsula. It was derived from an Aleut-language idiom, alaxsxaq, meaning “the mainland” or, more literally, “the object towards which the action of the sea is directed”.