LotsCap

Economy Profile

Chugach Census Area

  • Alaska State
  • October, 2024
TSAC-CFD-02063

Table of Content

Snapshot

-

GDP (2022, Thousands)
$ 1829842
AVG Real Growth (2017-2022)
6.45 %
Unemployment Rate (May, 2024)
3.5 %
Labor Force Size
4467
Number of Businesses
408
Average Annual Wage
$ 73823

Economy Structure

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

GDP

GDP (2022, Thousands)
$ 1829842
GDP Per Capita
$ 261406
GDP Growth Rate (2022)
1 %
Average Growth Rate (2017-2022)
6.45 %
Goods Producing Contribution (%)
5.9%
Service Providing Contribution (%)
87.3%
Goverment Contribution
6.9%
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
4467
Labor Force Growth
-1.3%
Unemployment
156
Unemployment Rate
3.5%
Unemployment Rate
Source: Census.gov | S2301

Employment Profile

Employment Rate (20-64 y.o.)
70.4%
Employment Rate (with Bachelor's Degree)
78.9%
Employment Rate (75+ y.o.)
3.4%
Employment Rate (Black)
81.6%
Employment Rate (Female)
72.5%
Employment Rate by Segment
Source: Census.gov | S2301
Employent Rate Comparison
Source: Census.gov | S2301

Employment by Sectors

Number of Companies
408
Number of Employment
3743
Annual Average Wages
$ 73823
Wage CAGR (2010-2022)
Goods-producing (avg pay)
$ 76185
Service-providing (avg pay)
$ 75473
Historical Annual Average Wage
Source: BLS
Number of Establishments
Source: BLS
Company Indicators
Source: BLS

Income

Household Income (Mean)
$ 83068
Household Income (Median)
$ 103289
Per Capita Income
$ 44700
Per Capita Income Growth (2010-2022)
- %
Gini Index
0.3721*
Poverty Rate
4.9 %
Per Capita Income
Source: Census.gov | B19301
Income Distribution by Household
Source: Census.gov