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Ketchikan Gateway Borough, Alaska Economic Analysis


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Economic Analysis

People and the communities they live in depend on money. The people of Ketchikan Gateway Borough, 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 Ketchikan Gateway Borough, Alaska

12:00 A.M. TO 4:59 A.M.   : 101   (1.5%)
5:00 A.M. TO 5:29 A.M.   : 90   (1.3%)
5:30 A.M. TO 5:59 A.M.   : 271   (4.1%)
6:00 A.M. TO 6:29 A.M.   : 538   (8.1%)
6:30 A.M. TO 6:59 A.M.   : 748   (11.2%)
7:00 A.M. TO 7:29 A.M.   : 1,024   (15.3%)
7:30 A.M. TO 7:59 A.M.   : 1,443   (21.6%)
8:00 A.M. TO 8:29 A.M.   : 577   (8.6%)
8:30 A.M. TO 8:59 A.M.   : 420   (6.3%)
9:00 A.M. TO 9:59 A.M.   : 464   (7.0%)
10:00 A.M. TO 10:59 A.M.   : 143   (2.1%)
11:00 A.M. TO 11:59 A.M.   : 89   (1.3%)
12:00 P.M. TO 3:59 P.M.   : 427   (6.4%)
4:00 P.M. TO 11:59 P.M.   : 338   (5.1%)


(updated 2010)



Means Of Transportation
(Ketchikan Gateway Borough, Alaska)

Car, truck, or van:

Drove alone : 4,020

Carpooled:

In 2-person carpool : 976

In 3-person carpool : 149

In 4-person carpool : 12

In 5- or 6-person carpool : 0

In 7-or-more-person carpool : 0

Public transportation (excluding taxicab):

Bus or trolley bus : 82

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

Subway or elevated : 0

Railroad : 0

Ferryboat : 134

Taxicab : 63

Motorcycle : 18

Bicycle : 24

Walked : 521

Other means : 259

Worked at home : 238


(updated 2009)



Travel Time To Work
(Ketchikan Gateway Borough, Alaska)

Less than 5 minutes : 808

5 to 9 minutes : 1,367

10 to 14 minutes : 1,553

15 to 19 minutes : 808

20 to 24 minutes : 773

25 to 29 minutes : 249

30 to 34 minutes : 563

35 to 39 minutes : 12

40 to 44 minutes : 23

45 to 59 minutes : 39

60 to 89 minutes : 13

90 or more minutes : 50


(updated 2009)



Social Security Income In The Past 12 Months For Households
(Ketchikan Gateway Borough, Alaska)

With Social Security income : 1,327

No Social Security income : 4,635


(updated 2009)



Retirement Income In The Past 12 Months For Households
(Ketchikan Gateway Borough, Alaska)

With retirement income : 1,142

No retirement income : 4,820


(updated 2009)



Family Income (Annual)
(Ketchikan Gateway Borough, Alaska)

Less than $10,000 : 138

$10,000 to $14,999 : 44

$15,000 to $19,999 : 95

$20,000 to $24,999 : 181

$25,000 to $29,999 : 178

$30,000 to $34,999 : 193

$35,000 to $39,999 : 158

$40,000 to $44,999 : 116

$45,000 to $49,999 : 141

$50,000 to $59,999 : 307

$60,000 to $74,999 : 422

$75,000 to $99,999 : 869

$100,000 to $124,999 : 457

$125,000 to $149,999 : 215

$150,000 to $199,999 : 214

$200,000 or more : 81


(updated 2009)



Median Family Income (Annual)
(Ketchikan Gateway Borough, Alaska)

Median family income in the past 12 months (in 2009 inflation-adjusted dollars) : $73,288


(updated 2009)



Occupations in Ketchikan Gateway Borough, Alaska

Male:


  • Management, Professional, And Related Occupations: 963  (26.7%)
  • Service Occupations: 434  (12.0%)
  • Sales And Office Occupations: 478  (13.3%)
  • Farming, Fishing, And Forestry Occupations 137  (3.8%)
  • Construction, Extraction, And Maintenance Occupations: 750  (20.8%)

Female:


  • Management, Professional, And Related Occupations: 1,040  (30.5%)
  • Service Occupations: 760  (22.3%)
  • Sales And Office Occupations: 1,456  (42.7%)
  • Farming, Fishing, And Forestry Occupations 21  (0.6%)
  • Construction, Extraction, And Maintenance Occupations: 27  (0.8%)


(updated 2010)





Employment Rate In Ketchikan Gateway Borough, Alaska

Employed: 7,571
Unemployed: 500



Minority Owned Firms of 100 or More in
Ketchikan Gateway Borough, Alaska

  • Total Black-owned firms of 100 or more, percent 2002: 0.0%
  • Total American Indian-and Alaska Native-owned firms of 100 or more, percent 2002: 0.0%
  • Total Asian-owned firms of 100 or more, percent 2002: 0.0%
  • Total Hispanic-owned firms of 100 or more, percent 2002: 0.0%
  • 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: 32.0%
  • Other: 68%



Water Usage In Ketchikan Gateway Borough, Alaska

Ground Water

 
Fresh 0.00 Mgal/d
Saline 0.00 Mgal/d

Total 0.00 Mgal/d
 

Surface Water

 
Fresh 6.67 Mgal/d
Saline 0.00 Mgal/d

Total 6.67 Mgal/d





There are 20 Farms In Ketchikan Gateway Borough, Alaska


(updated 2008)



Banks In Ketchikan Gateway Borough, Alaska

Wells Fargo Bank, National Association - 3 Branches


    Bank Assets: $4.3b
    Industry Specialization: All Other > $1 Billion
    Total Offices: 6,310

First Bank - 3 Branches


    Bank Assets: $1.4m
    Industry Specialization: Commercial Lending
    Total Offices: 349

Northrim Bank - 2 Branches


    Bank Assets: $2.6m
    Industry Specialization: Commercial Lending
    Total Offices: 15

Keybank National Association - 1 Branches


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

(updated 2014)







Airports Near Ketchikan Gateway Borough, Alaska

  • Ketchikan Waterfront Seaplane Base


    (about 1.9 miles in Ward Cove, Alaska; Airport Code: WFB)

  • Ketchikan International


    (about 3.8 miles in Ward Cove, Alaska; Airport Code: KTN)

  • Deep Bay Airport


    (about 14.3 miles in Ward Cove, Alaska; Airport Code: A36)

  • Shoal Cove Airport


    (about 14.8 miles in Edna Bay, Alaska; Airport Code: HCB)

  • Metlakatala


    (about 15.4 miles in Metlakatla, Alaska; Airport Code: MTM)

  • Loring Airport


    (about 17.1 miles in Edna Bay, Alaska; Airport Code: WLR)

  • Loring Airport


    (about 17.1 miles in Edna Bay, Alaska; Airport Code: LRG)

  • Patching Lake Airport


    (about 18.2 miles in Edna Bay, Alaska; Airport Code: FQA)

  • Lancaster Cove Airport


    (about 20.7 miles in Hydaburg, Alaska; Airport Code: ZXK)

  • Clover Bay Airport


    (about 21.0 miles in Hydaburg, Alaska; Airport Code: ZXN)

  • Chomondely Sound Airport


    (about 21.0 miles in Hydaburg, Alaska; Airport Code: ZXH)

  • Annette Island


    (about 22.1 miles in Metlakatla, Alaska; Airport Code: ANN)

  • Babe Islands Airport


    (about 22.5 miles in Hydaburg, Alaska; Airport Code: FQX)

  • Dolomi Airport


    (about 23.3 miles in Hydaburg, Alaska; Airport Code: DLO)

  • Marguerite Bay Airport


    (about 23.8 miles in Edna Bay, Alaska; Airport Code: RTE)

  • Dora Bay Airport


    (about 24.9 miles in Hydaburg, Alaska; Airport Code: DOF)

  • Polk Inlet Airport


    (about 26.4 miles in Hydaburg, Alaska; Airport Code: POQ)

  • Manzanita Lake Airport


    (about 26.5 miles in Edna Bay, Alaska; Airport Code: FQO)

  • Reid Cove Airport


    (about 26.6 miles in Hydaburg, Alaska; Airport Code: ZXL)

  • Saltery Cove Airport


    (about 28.1 miles in Ketchikan, Alaska; Airport Code: ZXM)


(updated 2015)



Modes of Transportation in Ketchikan Gateway Borough, Alaska

Car, Truck, Or Van:

 

Drove Alone

60.75%

Carpooled

20.68%

Public Transportation:

 

Bus Or Trolley Bus

1.52%

Streetcar Or Trolley Car

0.0%

Subway Or Elevated

0.0%

Railroad

0.0%

Ferryboat

0.66%

Taxicab

0.42%

Motorcycle

0.10%

Bicycle

0.30%

Walked

8.63%

Other Means

2.64%

Worked At Home

4.30%



(updated 2010)





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