LotsCap

Economy Profile

Ketchikan Gateway Borough

  • Alaska State
  • October, 2024
TSAC-CFD-02130

Table of Content

Snapshot

-

GDP (2022, Thousands)
$ 1014783
AVG Real Growth (2017-2022)
-1.58 %
Unemployment Rate (May, 2024)
3.3 %
Labor Force Size
7663
Number of Businesses
610
Average Annual Wage
$ 60106

Economy Structure

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

GDP

GDP (2022, Thousands)
$ 1014783
GDP Per Capita
$ 72953
GDP Growth Rate (2022)
2.1 %
Average Growth Rate (2017-2022)
-1.58 %
Goods Producing Contribution (%)
- %
Service Providing Contribution (%)
- %
Goverment Contribution
24.6%
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
7663
Labor Force Growth
-2.42%
Unemployment
253
Unemployment Rate
3.3%
Unemployment Rate
Source: Census.gov | S2301

Employment Profile

Employment Rate (20-64 y.o.)
73.9%
Employment Rate (with Bachelor's Degree)
86.9%
Employment Rate (75+ y.o.)
7.6%
Employment Rate (Black)
89%
Employment Rate (Female)
71.4%
Employment Rate by Segment
Source: Census.gov | S2301
Employent Rate Comparison
Source: Census.gov | S2301

Employment by Sectors

Number of Companies
610
Number of Employment
7145
Annual Average Wages
$ 60106
Wage CAGR (2010-2022)
Goods-producing (avg pay)
$ 75085
Service-providing (avg pay)
$ 53120
Historical Annual Average Wage
Source: BLS
Number of Establishments
Source: BLS
Company Indicators
Source: BLS

Income

Household Income (Mean)
$ 82763
Household Income (Median)
$ 108405
Per Capita Income
$ 44368
Per Capita Income Growth (2010-2022)
50.3 %
Gini Index
0.4376*
Poverty Rate
9.7 %
Per Capita Income
Source: Census.gov | B19301
Income Distribution by Household
Source: Census.gov