LotsCap

Economy Profile

Aleutians East Borough

  • Alaska State
  • October, 2024
TSAC-CFD-02013

Table of Content

Snapshot

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GDP (2022, Thousands)
$ 322,727
AVG Real Growth (2017-2022)
-0.64 %
Unemployment Rate (May, 2024)
1.8 %
Labor Force Size
3,652
Number of Businesses
101
Average Annual Wage
$ 72,412

Economy Structure

Population & Household section gives reader an outlook. of general population profile, structure, and outlook.

GDP

GDP (2022, Thousands)
$ 322,727
GDP Per Capita
$ 94,725
GDP Growth Rate (2022)
4.9 %
Average Growth Rate (2017-2022)
-0.64 %
Goods Producing Contribution (%)
83.9%
Service Providing Contribution (%)
8.9%
Goverment Contribution
7.2%
GDP Historical Growth Rate
Source: Bureau of Economic Analysis | CAGDP2, CAGDP11
GDP by Sectors
Source: Bureau of Economic Analysis | CAGDP2, CAGDP11
GDP Growth by Sectors
Source: Bureau of Economic Analysis | CAGDP11

Monthly Employment

Total Labor Force
3,652
Labor Force Growth
-5.92%
Unemployment
65
Unemployment Rate
1.8%
Unemployment Rate
Source: Census.gov | S2301

Employment Profile

Employment Rate (20-64 y.o.)
81.1%
Employment Rate (with Bachelor's Degree)
86.2%
Employment Rate (75+ y.o.)
38.1%
Employment Rate (Black)
99.5%
Employment Rate (Female)
81.6%
Employment Rate by Segment
Source: Census.gov | S2301
Employent Rate Comparison
Source: Census.gov | S2301

Employment by Sectors

Number of Companies
101
Number of Employment
2,292
Annual Average Wages
$ 72,412
Wage CAGR (2010-2022)
Goods-producing (avg pay)
$ 78,637
Service-providing (avg pay)
$ 54,575
Historical Annual Average Wage
Source: BLS
Number of Establishments
Source: BLS
Company Indicators
Source: BLS

Income

Household Income (Mean)
$ 79,961
Household Income (Median)
$ 88,309
Per Capita Income
$ 42,165
Per Capita Income Growth (2010-2022)
89.3 %
Gini Index
0.3727*
Poverty Rate
12.6 %
Per Capita Income
Source: Census.gov | B19301
Income Distribution by Household
Source: Census.gov