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Denali Borough, Alaska, exhibits a robust economic profile with an annual GDP of approximately 356 million dollars and a remarkable GDP per capita of 169,367 dollars, significantly higher than both the state average of 89,408 dollars and the national average of 77,754 dollars. The borough's GDP growth rate surged by 16.4% in the last year, contrasting sharply with Alaska's overall decline of 1.4% and highlighting Denali's resilience and potential for growth. The region's economy is predominantly service-oriented, with 70.4% of its GDP derived from service-providing sectors, which is higher than the national average of 71.2%. This trend suggests a strong reliance on tourism and related services, likely driven by Denali National Park's popularity. Overall, Denali Borough stands out as a vibrant economic area within Alaska, showcasing significant growth potential compared to its peers.
Denali Borough, AK, exhibits remarkable employment rates, particularly among the 20-64 age group, with an impressive 86%, significantly surpassing both the state average of 69.3% and the national average of 73.8%. The borough also boasts a high employment rate of 91% for individuals with a Bachelor's degree, indicating a strong correlation between education and employment in the region. Additionally, the high high school graduation employment rate of 95.1% further emphasizes the borough's commitment to education and workforce participation. Compared to other Alaskan counties, Denali Borough stands out, especially against Fairbanks North Star Borough (63.1%) and Matanuska-Susitna Borough (65.3%), showcasing its robust economic health and potential for growth.
Denali Borough, AK, exhibits a mean household income of $87,292 and a median household income of $98,536, both of which are notably higher than the national averages of $75,149 and $105,833, respectively. The income per capita in Denali Borough stands at an impressive $73,692, significantly surpassing the national figure of $41,261 and even the state average of $42,828. Additionally, Denali Borough's income inequality, as indicated by a Gini index of 0.3805, is lower than both the national (0.4829) and state (0.4304) levels, suggesting a more equitable income distribution. However, only 4.8% of households earn over $200,000, which is the lowest among comparable counties in Alaska, indicating a potential area for economic growth. Overall, Denali Borough showcases a robust economic profile relative to both state and national standards.