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Anchorage (officially called the Municipality of Anchorage) is a unified home rule municipality in the U.S. State of Alaska. With an estimated 300,950 residents in 2013, it is Alaska's most populous city and contains more than 40 percent of the state's total population; among the 50 states, only New York has a higher percentage of residents who live in its most populous city. All together, the Anchorage metropolitan area, which combines Anchorage with the neighboring Matanuska-Susitna Borough, had a population of 396,142 in 2013.Anchorage is located in the South-central portion of Alaska at the terminus of the Cook Inlet on a peninsula formed by the Knik Arm to the north and the Turnagain Arm to the south. The city limits span 1,961.1 square miles which encompass the urban core, a joint Military base, several outlying communities and almost all of Chugach State Park.Anchorage’s location on the globe puts it within 9 and ½ hours by air to nearly 90% of the industrialized world. For this reason Anchorage is a common refueling stop for many international passenger flights and is home to a major FedEx Hub which the companycalls a “critical part”” of its global network of services. Anchorage has been named an All-America City four times, in 1956, 1965, 1984–85, and 2002, by the National Civic League. It has also been named by Kiplinger as the most tax-friendly city in the United States.