LotsCap

Economy Profile

Hoonah-Angoon Census Area

  • Alaska State
  • October, 2024
TSAC-CFD-02105

Table of Content

Snapshot

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GDP (2022, Thousands)
$ 115692
AVG Real Growth (2017-2022)
2.44 %
Unemployment Rate (May, 2024)
3 %
Labor Force Size
1601
Number of Businesses
141
Average Annual Wage
$ 47902

Economy Structure

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

GDP

GDP (2022, Thousands)
$ 115692
GDP Per Capita
$ 49675
GDP Growth Rate (2022)
15.7 %
Average Growth Rate (2017-2022)
2.44 %
Goods Producing Contribution (%)
8.6%
Service Providing Contribution (%)
58%
Goverment Contribution
33.4%
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
1601
Labor Force Growth
-2.38%
Unemployment
48
Unemployment Rate
3%
Unemployment Rate
Source: Census.gov | S2301

Employment Profile

Employment Rate (20-64 y.o.)
71.7%
Employment Rate (with Bachelor's Degree)
92.2%
Employment Rate (75+ y.o.)
9.9%
Employment Rate (Black)
100%
Employment Rate (Female)
72.8%
Employment Rate by Segment
Source: Census.gov | S2301
Employent Rate Comparison
Source: Census.gov | S2301

Employment by Sectors

Number of Companies
141
Number of Employment
985
Annual Average Wages
$ 47902
Wage CAGR (2010-2022)
Goods-producing (avg pay)
$ 42437
Service-providing (avg pay)
$ 44838
Historical Annual Average Wage
Source: BLS
Number of Establishments
Source: BLS
Company Indicators
Source: BLS

Income

Household Income (Mean)
$ 62344
Household Income (Median)
$ 84200
Per Capita Income
$ 39257
Per Capita Income Growth (2010-2022)
57.5 %
Gini Index
0.4693*
Poverty Rate
11.6 %
Per Capita Income
Source: Census.gov | B19301
Income Distribution by Household
Source: Census.gov