LotsCap

Economy Profile

Aleutians West Census Area

  • Alaska State
  • October, 2024
TSAC-CFD-02016

Table of Content

Snapshot

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GDP (2022, Thousands)
$ 854226
AVG Real Growth (2017-2022)
-2.28 %
Unemployment Rate (May, 2024)
3 %
Labor Force Size
3832
Number of Businesses
162
Average Annual Wage
$ 83611

Economy Structure

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

GDP

GDP (2022, Thousands)
$ 854226
GDP Per Capita
$ 163676
GDP Growth Rate (2022)
5.1 %
Average Growth Rate (2017-2022)
-2.28 %
Goods Producing Contribution (%)
60.8%
Service Providing Contribution (%)
32.6%
Goverment Contribution
6.6%
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
3832
Labor Force Growth
-5.55%
Unemployment
115
Unemployment Rate
3%
Unemployment Rate
Source: Census.gov | S2301

Employment Profile

Employment Rate (20-64 y.o.)
85.8%
Employment Rate (with Bachelor's Degree)
93.7%
Employment Rate (75+ y.o.)
4.3%
Employment Rate (Black)
95%
Employment Rate (Female)
73.6%
Employment Rate by Segment
Source: Census.gov | S2301
Employent Rate Comparison
Source: Census.gov | S2301

Employment by Sectors

Number of Companies
162
Number of Employment
3174
Annual Average Wages
$ 83611
Wage CAGR (2010-2022)
Goods-producing (avg pay)
$ 84035
Service-providing (avg pay)
$ 90026
Historical Annual Average Wage
Source: BLS
Number of Establishments
Source: BLS
Company Indicators
Source: BLS

Income

Household Income (Mean)
$ 100662
Household Income (Median)
$ 117300
Per Capita Income
$ 47339
Per Capita Income Growth (2010-2022)
58.2 %
Gini Index
0.3254*
Poverty Rate
9.6 %
Per Capita Income
Source: Census.gov | B19301
Income Distribution by Household
Source: Census.gov