LotsCap

Economy Profile

Bethel Census Area

  • Alaska State
  • October, 2024
TSAC-CFD-02050

Table of Content

Snapshot

-

GDP (2022, Thousands)
$ 782441
AVG Real Growth (2017-2022)
-0.92 %
Unemployment Rate (May, 2024)
12.1 %
Labor Force Size
6421
Number of Businesses
325
Average Annual Wage
$ 53576

Economy Structure

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

GDP

GDP (2022, Thousands)
$ 782441
GDP Per Capita
$ 42207
GDP Growth Rate (2022)
2.5 %
Average Growth Rate (2017-2022)
-0.92 %
Goods Producing Contribution (%)
4.2%
Service Providing Contribution (%)
64.3%
Goverment Contribution
31.5%
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
6421
Labor Force Growth
-4.29%
Unemployment
779
Unemployment Rate
12.1%
Unemployment Rate
Source: Census.gov | S2301

Employment Profile

Employment Rate (20-64 y.o.)
60.9%
Employment Rate (with Bachelor's Degree)
85%
Employment Rate (75+ y.o.)
6.5%
Employment Rate (Black)
74.1%
Employment Rate (Female)
63.3%
Employment Rate by Segment
Source: Census.gov | S2301
Employent Rate Comparison
Source: Census.gov | S2301

Employment by Sectors

Number of Companies
325
Number of Employment
6380
Annual Average Wages
$ 53576
Wage CAGR (2010-2022)
Goods-producing (avg pay)
$ 92818
Service-providing (avg pay)
$ 57121
Historical Annual Average Wage
Source: BLS
Number of Establishments
Source: BLS
Company Indicators
Source: BLS

Income

Household Income (Mean)
$ 64094
Household Income (Median)
$ 85288
Per Capita Income
$ 25859
Per Capita Income Growth (2010-2022)
39.1 %
Gini Index
0.4603*
Poverty Rate
25.3 %
Per Capita Income
Source: Census.gov | B19301
Income Distribution by Household
Source: Census.gov