LotsCap

Economy Profile

Denali Borough

  • Alaska State
  • October, 2024
TSAC-CFD-02068

Table of Content

Snapshot

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GDP (2022, Thousands)
$ 355840
AVG Real Growth (2017-2022)
2.04 %
Unemployment Rate (May, 2024)
2.6 %
Labor Force Size
1813
Number of Businesses
150
Average Annual Wage
$ 63199

Economy Structure

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

GDP

GDP (2022, Thousands)
$ 355840
GDP Per Capita
$ 169367
GDP Growth Rate (2022)
16.4 %
Average Growth Rate (2017-2022)
2.04 %
Goods Producing Contribution (%)
16.7%
Service Providing Contribution (%)
70.4%
Goverment Contribution
12.9%
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
1813
Labor Force Growth
0.06%
Unemployment
47
Unemployment Rate
2.6%
Unemployment Rate
Source: Census.gov | S2301

Employment Profile

Employment Rate (20-64 y.o.)
86%
Employment Rate (with Bachelor's Degree)
91%
Employment Rate (75+ y.o.)
0%
Employment Rate (Black)
79.2%
Employment Rate (Female)
77.1%
Employment Rate by Segment
Source: Census.gov | S2301
Employent Rate Comparison
Source: Census.gov | S2301

Employment by Sectors

Number of Companies
150
Number of Employment
1979
Annual Average Wages
$ 63199
Wage CAGR (2010-2022)
Goods-producing (avg pay)
$ 93460
Service-providing (avg pay)
$ 58318
Historical Annual Average Wage
Source: BLS
Number of Establishments
Source: BLS
Company Indicators
Source: BLS

Income

Household Income (Mean)
$ 87292
Household Income (Median)
$ 98536
Per Capita Income
$ 73692
Per Capita Income Growth (2010-2022)
74.4 %
Gini Index
0.3805*
Poverty Rate
7.3 %
Per Capita Income
Source: Census.gov | B19301
Income Distribution by Household
Source: Census.gov