Anchorage is the largest city in the U.S. state of Alaska. With an estimated 279,243 municipal residents in 2008 the city constitutes more than 40 percent of the state's total population; only New York has a higher percentage of residents who live in the state's largest city. Anchorage has been named All-America City four times, in 1956, 1965, 1984/85, and 2002, by the National Civic League. Itt has also been named by Kiplinger as the most tax friendly city in the UnitedStates. Anchorage is located in South Central Alaska. It lies slightly farther north than Oslo, Stockholm, Helsinki and St. Petersburg, but not as far north as Reykjavik or Murmansk. Anchorage's largest economic sectors include transportation, military, local and federal government, tourism, and resource extraction. Large portions of the local economy depend on Anchorage's geographical location and surrounding natural resources.