LotsCap

Economy Profile

Yakutat City and Borough

  • Alaska State
  • October, 2024
TSAC-CFD-02282

Table of Content

Snapshot

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GDP (2022, Thousands)
$ 46616
AVG Real Growth (2017-2022)
8.22 %
Unemployment Rate (May, 2024)
5.7 %
Labor Force Size
332
Number of Businesses
48
Average Annual Wage
$ 63510

Economy Structure

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

GDP

GDP (2022, Thousands)
$ 46616
GDP Per Capita
$ 82652
GDP Growth Rate (2022)
5.6 %
Average Growth Rate (2017-2022)
8.22 %
Goods Producing Contribution (%)
20.2%
Service Providing Contribution (%)
55.3%
Goverment Contribution
24.5%
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
332
Labor Force Growth
-4.87%
Unemployment
19
Unemployment Rate
5.7%
Unemployment Rate
Source: Census.gov | S2301

Employment Profile

Employment Rate (20-64 y.o.)
85%
Employment Rate (with Bachelor's Degree)
97.1%
Employment Rate (75+ y.o.)
15.2%
Employment Rate (Black)
0%
Employment Rate (Female)
89.9%
Employment Rate by Segment
Source: Census.gov | S2301
Employent Rate Comparison
Source: Census.gov | S2301

Employment by Sectors

Number of Companies
48
Number of Employment
337
Annual Average Wages
$ 63510
Wage CAGR (2010-2022)
Goods-producing (avg pay)
$ 63193
Service-providing (avg pay)
$ 64983
Historical Annual Average Wage
Source: BLS
Number of Establishments
Source: BLS
Company Indicators
Source: BLS

Income

Household Income (Mean)
$ 76875
Household Income (Median)
$ 89580
Per Capita Income
$ 45578
Per Capita Income Growth (2010-2022)
59.5 %
Gini Index
0.2936*
Poverty Rate
10.0 %
Per Capita Income
Source: Census.gov | B19301
Income Distribution by Household
Source: Census.gov