LotsCap

Economy Profile

Bristol Bay Borough

  • Alaska State
  • October, 2024
TSAC-CFD-02060

Table of Content

Snapshot

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GDP (2022, Thousands)
$ 171757
AVG Real Growth (2017-2022)
3 %
Unemployment Rate (May, 2024)
1.5 %
Labor Force Size
1063
Number of Businesses
130
Average Annual Wage
$ 68981

Economy Structure

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

GDP

GDP (2022, Thousands)
$ 171757
GDP Per Capita
$ 201121
GDP Growth Rate (2022)
5.6 %
Average Growth Rate (2017-2022)
3 %
Goods Producing Contribution (%)
44.4%
Service Providing Contribution (%)
40.2%
Goverment Contribution
15.4%
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
1063
Labor Force Growth
-7.08%
Unemployment
16
Unemployment Rate
1.5%
Unemployment Rate
Source: Census.gov | S2301

Employment Profile

Employment Rate (20-64 y.o.)
66.3%
Employment Rate (with Bachelor's Degree)
71.7%
Employment Rate (75+ y.o.)
17.8%
Employment Rate (Black)
0%
Employment Rate (Female)
75.2%
Employment Rate by Segment
Source: Census.gov | S2301
Employent Rate Comparison
Source: Census.gov | S2301

Employment by Sectors

Number of Companies
130
Number of Employment
1317
Annual Average Wages
$ 68981
Wage CAGR (2010-2022)
Goods-producing (avg pay)
$ 67749
Service-providing (avg pay)
$ 66697
Historical Annual Average Wage
Source: BLS
Number of Establishments
Source: BLS
Company Indicators
Source: BLS

Income

Household Income (Mean)
$ 94167
Household Income (Median)
$ 116487
Per Capita Income
$ 45499
Per Capita Income Growth (2010-2022)
45.6 %
Gini Index
0.4087*
Poverty Rate
7.9 %
Per Capita Income
Source: Census.gov | B19301
Income Distribution by Household
Source: Census.gov