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Anchorage Municipality, Alaska Economic Analysis


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Economic Analysis

People and the communities they live in depend on money. The people of Anchorage Municipality, 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 Anchorage Municipality, Alaska

12:00 A.M. TO 4:59 A.M.   : 3,233   (2.6%)
5:00 A.M. TO 5:29 A.M.   : 2,313   (1.8%)
5:30 A.M. TO 5:59 A.M.   : 4,191   (3.3%)
6:00 A.M. TO 6:29 A.M.   : 8,552   (6.8%)
6:30 A.M. TO 6:59 A.M.   : 13,596   (10.8%)
7:00 A.M. TO 7:29 A.M.   : 19,106   (15.1%)
7:30 A.M. TO 7:59 A.M.   : 21,982   (17.4%)
8:00 A.M. TO 8:29 A.M.   : 12,914   (10.2%)
8:30 A.M. TO 8:59 A.M.   : 8,594   (6.8%)
9:00 A.M. TO 9:59 A.M.   : 8,604   (6.8%)
10:00 A.M. TO 10:59 A.M.   : 3,936   (3.1%)
11:00 A.M. TO 11:59 A.M.   : 1,950   (1.5%)
12:00 P.M. TO 3:59 P.M.   : 8,461   (6.7%)
4:00 P.M. TO 11:59 P.M.   : 8,926   (7.1%)


(updated 2010)



Household Size By Vehicles Available
(Anchorage Municipality, Alaska)

1-person household:

No vehicle available : 3,530

1 vehicle available : 19,177

2 vehicles available : 3,737

3 vehicles available : 885

4 or more vehicles available : 261

2-person household:

No vehicle available : 1,643

1 vehicle available : 8,282

2 vehicles available : 18,716

3 vehicles available : 4,341

4 or more vehicles available : 1,785

3-person household:

No vehicle available : 516

1 vehicle available : 3,434

2 vehicles available : 7,844

3 vehicles available : 4,423

4 or more vehicles available : 1,751

4-or-more-person household:

No vehicle available : 450

1 vehicle available : 4,739

2 vehicles available : 10,636

3 vehicles available : 5,263

4 or more vehicles available : 3,567


(updated 2013)



Household Size By Number Of Workers In Household
(Anchorage Municipality, Alaska)

1-person household:

No workers : 8,849

1 worker : 18,741

2-person household:

No workers : 5,196

1 worker : 11,980

2 workers : 17,591

3-person household:

No workers : 1,081

1 worker : 5,976

2 workers : 8,530

3 workers : 2,381

4-or-more-person household:

No workers : 1,274

1 worker : 7,743

2 workers : 10,637

3 or more workers : 5,001


(updated 2013)



Means of Transportation To Work
(Anchorage Municipality, Alaska)

Car, truck, or van:

Drove alone : 116,385

Carpooled:

In 2-person carpool : 15,762

In 3-person carpool : 1,696

In 4-person carpool : 810

In 5- or 6-person carpool : 249

In 7-or-more-person carpool : 411

Public transportation (excluding taxicab):

Bus or trolley bus : 3,386

Streetcar or trolley car (carro publico in Puerto Rico) : 85

Subway or elevated : 0

Railroad : 0

Ferryboat : 0

Taxicab : 348

Motorcycle : 226

Bicycle : 1,820

Walked : 5,286

Other means : 3,781

Worked at home : 6,179


(updated 2013)



Travel Time To Work
(Anchorage Municipality, Alaska)

Less than 5 minutes : 5,692

5 to 9 minutes : 17,366

10 to 14 minutes : 31,100

15 to 19 minutes : 35,645

20 to 24 minutes : 25,894

25 to 29 minutes : 7,377

30 to 34 minutes : 13,942

35 to 39 minutes : 2,031

40 to 44 minutes : 2,055

45 to 59 minutes : 4,133

60 to 89 minutes : 2,113

90 or more minutes : 2,897


(updated 2013)



Occupations in Anchorage Municipality, Alaska

Male:


  • Management, Professional, And Related Occupations: 22,718  (34.6%)
  • Service Occupations: 8,475  (12.9%)
  • Sales And Office Occupations: 12,861  (19.6%)
  • Farming, Fishing, And Forestry Occupations 328  (0.5%)
  • Construction, Extraction, And Maintenance Occupations: 11,539  (17.6%)

Female:


  • Management, Professional, And Related Occupations: 23,553  (39.2%)
  • Service Occupations: 10,495  (17.5%)
  • Sales And Office Occupations: 22,973  (38.2%)
  • Farming, Fishing, And Forestry Occupations 104  (0.2%)
  • Construction, Extraction, And Maintenance Occupations: 597  (1.0%)


(updated 2010)





Employment Rate In Anchorage Municipality, Alaska

Employed: 142,853
Unemployed: 8,052



Minority Owned Firms of 100 or More in
Anchorage Municipality, Alaska

  • Total Black-owned firms of 100 or more, percent 2002: 2.6%
  • Total American Indian-and Alaska Native-owned firms of 100 or more, percent 2002: 4.1%
  • Total Asian-owned firms of 100 or more, percent 2002: 4.8%
  • Total Hispanic-owned firms of 100 or more, percent 2002: 3.0%
  • Total Native Hawaiian-and Other Pacific Islander-owned firms of 100 or more, percent 2002: 0.0%
  • Total women-owned firms of 100 or more, percent 2002: 29.6%
  • Other: 55.9%



Water Usage In Anchorage Municipality, Alaska

Ground Water

 
Fresh 13.32 Mgal/d
Saline 0.00 Mgal/d

Total 13.32 Mgal/d
 

Surface Water

 
Fresh 28.53 Mgal/d
Saline 0.00 Mgal/d

Total 28.53 Mgal/d





There are 24 Farms In Anchorage Municipality, Alaska


(updated 2008)



Banks In Anchorage Municipality, Alaska

Wells Fargo Bank, National Association - 13 Branches


    Bank Assets: $18.6b
    Industry Specialization: All Other > $1 Billion
    Total Offices: 6,310

First National Bank Alaska - 10 Branches


    Bank Assets: $31.5m
    Industry Specialization: Commercial Lending
    Total Offices: 30

Northrim Bank - 8 Branches


    Bank Assets: $10.7m
    Industry Specialization: Commercial Lending
    Total Offices: 15

Keybank National Association - 4 Branches


    Bank Assets: $356m
    Industry Specialization: Commercial Lending
    Total Offices: 1,026

(updated 2014)







Airports Near Anchorage Municipality, Alaska

  • Merrill Field


    (about 3.4 miles in Anchorage, Alaska; Airport Code: MRI)

  • Elmendorf AFB


    (about 4.4 miles in Anchorage, Alaska; Airport Code: EDF)

  • Lake Hood Strip


    (about 6.8 miles in Anchorage, Alaska; Airport Code: DQL)

  • Anchorage International


    (about 7.6 miles in Anchorage, Alaska; Airport Code: ANC)

  • Ted Stevens Anchorage International


    (about 7.9 miles in Anchorage, Alaska; Airport Code: ANC)

  • Fire Island Airport


    (about 13.3 miles in Anchorage, Alaska; Airport Code: FQH)

  • Goose Bay AAF


    (about 14.3 miles in Wasilla, Alaska; Airport Code: GBA)

  • Hope Airport


    (about 20.3 miles in Hope, Alaska; Airport Code: A66)

  • Big Lake Airport


    (about 23.8 miles in Wasilla, Alaska; Airport Code: BGQ)

  • Girdwood Airport


    (about 26.4 miles in Girdwood, Alaska; Airport Code: AQY)

  • Wasilla Airport


    (about 27.3 miles in Wasilla, Alaska; Airport Code: WWA)

  • Wasilla Airport


    (about 28.9 miles in Wasilla, Alaska; Airport Code: WSI)

  • Palmer Municipal


    (about 35.6 miles in Wasilla, Alaska; Airport Code: PAQ)

  • Willow Airport


    (about 40.0 miles in Houston, Alaska; Airport Code: WOW)

  • Beluga Airport


    (about 42.7 miles in Tyonek, Alaska; Airport Code: BVU)

  • Whittier Airport


    (about 45.1 miles in Girdwood, Alaska; Airport Code: WTT)

  • Tyonek Airport


    (about 46.4 miles in Tyonek, Alaska; Airport Code: TYE)

  • Quartz Creek


    (about 49.0 miles in Moose Pass, Alaska; Airport Code: JLA)

  • Granite Point Ndb


    (about 54.8 miles in Tyonek, Alaska; Airport Code: XWA)

  • Shirleyville Airport


    (about 56.3 miles in Tyonek, Alaska; Airport Code: OQV)


(updated 2015)



Modes of Transportation in Anchorage Municipality, Alaska

Car, Truck, Or Van:

 

Drove Alone

74.37%

Carpooled

14.64%

Public Transportation:

 

Bus Or Trolley Bus

1.78%

Streetcar Or Trolley Car

0.0%

Subway Or Elevated

0.01%

Railroad

0.02%

Ferryboat

0.01%

Taxicab

0.20%

Motorcycle

0.05%

Bicycle

0.51%

Walked

2.66%

Other Means

2.05%

Worked At Home

3.71%



(updated 2010)





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