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Soldotna City, Alaska Economic Analysis

   (County: Kenai Peninsula Borough)

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Economic Analysis

People and the communities they live in depend on money. The people of Soldotna City, Alaska need food, shelter, clothing, and medical care. Business formation and job creation are essential to this community. Money sustains infrastructure such as roads and airports as well as human resources including fire rescue and police protection.

Energy Costs In Alaska

    Residential
(cents per
kilowatthour)
Commercial
(cents per
kilowatthour)
Industrial
(cents per
kilowatthour)
Other
(cents per
kilowatthour)
Transportation
(cents per
kilowatthour)
Total
(cents per
kilowatthour)
1990              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 10.11 9.01 7.91 13.22 0.00 9.48
  Total Electric Industry 10.11 9.01 7.91 13.22 0.00 9.48
1991              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 10.67 9.27 8.22 12.12 0.00 9.80
  Total Electric Industry 10.67 9.27 8.22 12.12 0.00 9.80
1992              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 10.82 9.45 7.74 14.21 0.00 9.95
  Total Electric Industry 10.82 9.45 7.74 14.21 0.00 9.95
1993              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 11.15 9.55 8.19 12.77 0.00 10.12
  Total Electric Industry 11.15 9.55 8.19 12.77 0.00 10.12
1994              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 11.32 9.66 8.37 12.57 0.00 10.25
  Total Electric Industry 11.32 9.66 8.37 12.57 0.00 10.25
1995              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 11.24 9.54 8.38 13.26 0.00 10.17
  Total Electric Industry 11.24 9.54 8.38 13.26 0.00 10.17
1996              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 11.36 9.58 8.47 13.34 0.00 10.24
  Total Electric Industry 11.36 9.58 8.47 13.34 0.00 10.24
1997              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 11.44 9.51 7.48 14.75 0.00 10.07
  Total Electric Industry 11.44 9.51 7.48 14.75 0.00 10.07
1998              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 11.50 9.48 7.17 13.68 0.00 9.97
  Total Electric Industry 11.50 9.48 7.17 13.68 0.00 9.97
1999              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 11.16 9.20 7.32 14.16 0.00 9.78
  Total Electric Industry 11.16 9.20 7.32 14.16 0.00 9.78
2000              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 11.45 9.77 7.56 14.17 0.00 10.08
  Total Electric Industry 11.45 9.77 7.56 14.17 0.00 10.08
2001              
  Full-Service Providers 12.12 10.29 7.61 14.37 0.00 10.54
  Total Electric Industry 12.12 10.29 7.61 14.37 0.00 10.54
2002              
  Full-Service Providers 12.05 10.13 7.65 14.04 0.00 10.46
  Total Electric Industry 12.05 10.13 7.65 14.04 0.00 10.46
2003              
  Full-Service Providers 11.98 10.49 7.86 0.00 0.00 10.50
  Total Electric Industry 11.98 10.49 7.86 0.00 0.00 10.50
2004              
  Full-Service Providers 12.44 10.99 8.33 0.00 0.00 10.99
  Total Electric Industry 12.44 10.99 8.33 0.00 0.00 10.99
2005              
  Full-Service Providers 13.30 11.56 9.29 0.00 0.00 11.72
  Total Electric Industry 13.30 11.56 9.29 0.00 0.00 11.72
2006              
  Full-Service Providers 14.83 11.93 11.54 0.00 0.00 12.84
  Total Electric Industry 14.83 11.93 11.54 0.00 0.00 12.84

(updated 2006)



Time Leaving to Work in Soldotna City, Alaska

12:00 A.M. TO 4:59 A.M.   : 63   (4.1%)
5:00 A.M. TO 5:29 A.M.   : 29   (1.9%)
5:30 A.M. TO 5:59 A.M.   : 74   (4.8%)
6:00 A.M. TO 6:29 A.M.   : 47   (3.0%)
6:30 A.M. TO 6:59 A.M.   : 106   (6.9%)
7:00 A.M. TO 7:29 A.M.   : 157   (10.2%)
7:30 A.M. TO 7:59 A.M.   : 289   (18.7%)
8:00 A.M. TO 8:29 A.M.   : 120   (7.8%)
8:30 A.M. TO 8:59 A.M.   : 157   (10.2%)
9:00 A.M. TO 9:59 A.M.   : 90   (5.8%)
10:00 A.M. TO 10:59 A.M.   : 69   (4.5%)
11:00 A.M. TO 11:59 A.M.   : 21   (1.4%)
12:00 P.M. TO 3:59 P.M.   : 168   (10.9%)
4:00 P.M. TO 11:59 P.M.   : 155   (10.0%)


(updated 2010)



Means Of Transportation
(Soldotna City, Alaska)

Car, truck, or van:

Drove alone : 1,285

Carpooled:

In 2-person carpool : 173

In 3-person carpool : 14

In 4-person carpool : 0

In 5- or 6-person carpool : 0

In 7-or-more-person carpool : 0

Public transportation (excluding taxicab):

Bus or trolley bus : 0

Streetcar or trolley car (carro publico in Puerto Rico) : 0

Subway or elevated : 0

Railroad : 0

Ferryboat : 0

Taxicab : 18

Motorcycle : 0

Bicycle : 21

Walked : 184

Other means : 41

Worked at home : 116


(updated 2009)



Travel Time To Work
(Soldotna City, Alaska)

Less than 5 minutes : 286

5 to 9 minutes : 593

10 to 14 minutes : 407

15 to 19 minutes : 118

20 to 24 minutes : 139

25 to 29 minutes : 54

30 to 34 minutes : 39

35 to 39 minutes : 0

40 to 44 minutes : 0

45 to 59 minutes : 60

60 to 89 minutes : 22

90 or more minutes : 18


(updated 2009)



Social Security Income In The Past 12 Months For Households
(Soldotna City, Alaska)

With Social Security income : 398

No Social Security income : 1,195


(updated 2009)



Retirement Income In The Past 12 Months For Households
(Soldotna City, Alaska)

With retirement income : 263

No retirement income : 1,330


(updated 2009)



Family Income (Annual)
(Soldotna City, Alaska)

Less than $10,000 : 36

$10,000 to $14,999 : 22

$15,000 to $19,999 : 39

$20,000 to $24,999 : 51

$25,000 to $29,999 : 88

$30,000 to $34,999 : 60

$35,000 to $39,999 : 12

$40,000 to $44,999 : 24

$45,000 to $49,999 : 54

$50,000 to $59,999 : 60

$60,000 to $74,999 : 77

$75,000 to $99,999 : 88

$100,000 to $124,999 : 189

$125,000 to $149,999 : 92

$150,000 to $199,999 : 52

$200,000 or more : 50


(updated 2009)



Median Family Income (Annual)
(Soldotna City, Alaska)

Median family income in the past 12 months (in 2009 inflation-adjusted dollars) : $64,286


(updated 2009)



AM Radio Stations Near Soldotna City, Alaska

  • KSLD (1140 AM; 10.0 kW; Kenai, AK; Owner: Ksrm, Inc.)
  • NEW (1470 AM; 1.0 kW; Kenai, AK; Owner: Thomas Sweeney)
  • NEW (1470 AM; 1.0 kW; Soldotna, AK; Owner: Thomas Sweeney)
  • NEW (840 AM; 10.0 kW; Kenai, AK; Owner: Peninsula Communications Inc)
  • KSRM (920 AM; 5.0 kW; Kenai, AK; Owner: Ksrm, Inc.)
  • NEW (980 AM; 5.0 kW; Kenai, AK; Owner: Peninsula Communications Inc)
  • NEW (980 AM; 5.0 kW; Kenai, AK; Owner: Peninsula Communications Inc)

FM Radio Stations Near Soldotna City, Alaska

  • KWHQ-FM (100.1 FM; Kenai, AK; Owner: Ksrm, Inc.)
  • KPEN-FM (101.7 FM; Kenai, AK; Owner: Peninsula Communications, Inc.)
  • KSWD-FM (105.3 FM; Sterling, AK; Owner: Seward Media Partners, Llc)
  • KFSE (106.9 FM; Soldotna, AK; Owner: Ksrm, Inc.)
  • NEW (88.1 FM; Kenai, AK; Owner: Alaska Educational Radio System, Inc.)
  • NEW (88.1 FM; Sterling, AK; Owner: Blessed Hope Baptist Mission)
  • NEW (88.1 FM; Kenai, AK; Owner: New Life Tabernacle Homer Ak)
  • KABN-FM (88.9 FM; Kenai, AK; Owner: Alaska Educational Radio System, Inc)
  • KABN-FM (89.5 FM; Soldotna, AK; Owner: Alaska Educational Radio System, Inc)
  • KRAW (89.7 FM; Kenai, AK; Owner: Alaska Educational Radio System, Inc.)
  • KRAW (89.7 FM; Sterling, AK; Owner: Alaska Educational Radio System, Inc.)
  • KRAW (90.1 FM; Sterling, AK; Owner: Alaska Educational Radio System, Inc.)
  • KWMD (90.5 FM; Soldotna, AK; Owner: Alaska Educational Radio System, Inc.)
  • KWMD (90.7 FM; Kenai, AK; Owner: Alaska Educational Radio System, Inc.)
  • KWJG (91.5 FM; Soldotna, AK; Owner: Kasilof Public B/g Inc)
  • KDLL (91.9 FM; Kenai, AK; Owner: Pickle Hill Public Broadcasting, Inc.)
  • KXBA (93.3 FM; Kenai, AK; Owner: Peninsula Communications Inc)
  • KKIS-FM (96.5 FM; Kenai, AK; Owner: Ksrm, Inc.)

(updated 2008)



Occupations in Soldotna City, Alaska

Male:


  • Management, Professional, And Related Occupations: 193  (23.5%)
  • Service Occupations: 107  (13.0%)
  • Sales And Office Occupations: 136  (16.6%)
  • Farming, Fishing, And Forestry Occupations 4  (0.5%)
  • Construction, Extraction, And Maintenance Occupations: 251  (30.6%)

Female:


  • Management, Professional, And Related Occupations: 227  (26.2%)
  • Service Occupations: 226  (26.1%)
  • Sales And Office Occupations: 341  (39.3%)
  • Farming, Fishing, And Forestry Occupations 6  (0.7%)
  • Construction, Extraction, And Maintenance Occupations: 12  (1.4%)


(updated 2010)





There are 25 Farms In Soldotna City, Alaska


(updated 2008)



Banks In Soldotna City, Alaska

Wells Fargo Bank, National Association - 1 Branches


    Bank Assets: $1.4b
    Industry Specialization: All Other > $1 Billion
    Total Offices: 6,310

First National Bank Alaska - 1 Branches


    Bank Assets: $3.1m
    Industry Specialization: Commercial Lending
    Total Offices: 30

Keybank National Association - 1 Branches


    Bank Assets: $89m
    Industry Specialization: Commercial Lending
    Total Offices: 1,026

(updated 2014)







Airports Near Soldotna City, Alaska

  • Soldotna Airport


    (about 1.5 miles in Soldotna, Alaska; Airport Code: SXQ)

  • Kenai Municipal


    (about 8.2 miles in Kenai, Alaska; Airport Code: ENA)

  • Zips Airport


    (about 14.4 miles in Kasilof, Alaska; Airport Code: AK8)

  • Nikiski Private Airstrip


    (about 15.8 miles in Kenai, Alaska; Airport Code: A82)

  • Bear Fish Camp Airport


    (about 26.8 miles in Kenai, Alaska; Airport Code: AK2)

  • Trading Bay Production


    (about 33.4 miles in Kenai, Alaska; Airport Code: JZE)

  • Granite Point Ndb


    (about 33.9 miles in Tyonek, Alaska; Airport Code: XWA)

  • Ninilchik Airport


    (about 36.8 miles in Ninilchik, Alaska; Airport Code: NIN)

  • Drift River Airport


    (about 37.5 miles in Kenai, Alaska; Airport Code: DRF)

  • Shirleyville Airport


    (about 38.1 miles in Tyonek, Alaska; Airport Code: OQV)


(updated 2015)



Modes of Transportation in Soldotna City, Alaska

Car, Truck, Or Van:

 

Drove Alone

73.93%

Carpooled

10.13%

Public Transportation:

 

Bus Or Trolley Bus

0.0%

Streetcar Or Trolley Car

0.0%

Subway Or Elevated

0.0%

Railroad

0.0%

Ferryboat

0.0%

Taxicab

0.0%

Motorcycle

0.0%

Bicycle

0.93%

Walked

5.68%

Other Means

4.76%

Worked At Home

4.57%



(updated 2010)





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