In the summer of 1778 Captain James Cook and crews of the Resolution and Discovery sailed into the Inlet looking for a Northwest Passage, and gave Anchor Point its name after losing a kedge anchor to the awesome tidal currents. A post office was established in 1949. Anchor Point residents are primarily non-Native. During the April 1990 U.S. Census, there were 405 total housing units, and 91 of these were vacant. 268 jobs were estimated to be in the community.
Most residents have individual wells, septic tanks and complete indoor plumbing.
A new well, water treatment plant and water distribution mains were recently installed in an area serving five homes. The community has requested funding to expand the water system to the school. There is one school located in the community, attended by 248 students. Economy and Transportation Many residents work in Homer in a variety of positions. The community caters to the sport-fishing industry, and several lodges provide services.