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Sitka City And Borough, Alaska Economic Analysis


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Economic Analysis

People and the communities they live in depend on money. The people of Sitka City And 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 Sitka City And Borough, Alaska

12:00 A.M. TO 4:59 A.M.   : 141   (3.3%)
5:00 A.M. TO 5:29 A.M.   : 153   (3.6%)
5:30 A.M. TO 5:59 A.M.   : 65   (1.5%)
6:00 A.M. TO 6:29 A.M.   : 175   (4.1%)
6:30 A.M. TO 6:59 A.M.   : 358   (8.4%)
7:00 A.M. TO 7:29 A.M.   : 439   (10.4%)
7:30 A.M. TO 7:59 A.M.   : 1,064   (25.1%)
8:00 A.M. TO 8:29 A.M.   : 559   (13.2%)
8:30 A.M. TO 8:59 A.M.   : 237   (5.6%)
9:00 A.M. TO 9:59 A.M.   : 343   (8.1%)
10:00 A.M. TO 10:59 A.M.   : 156   (3.7%)
11:00 A.M. TO 11:59 A.M.   : 53   (1.3%)
12:00 P.M. TO 3:59 P.M.   : 258   (6.1%)
4:00 P.M. TO 11:59 P.M.   : 236   (5.6%)


(updated 2010)



Means Of Transportation
(Sitka City And Borough, Alaska)

Car, truck, or van:

Drove alone : 2,675

Carpooled:

In 2-person carpool : 810

In 3-person carpool : 25

In 4-person carpool : 18

In 5- or 6-person carpool : 0

In 7-or-more-person carpool : 0

Public transportation (excluding taxicab):

Bus or trolley bus : 58

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

Subway or elevated : 0

Railroad : 0

Ferryboat : 0

Taxicab : 0

Motorcycle : 0

Bicycle : 135

Walked : 525

Other means : 227

Worked at home : 232


(updated 2009)



Travel Time To Work
(Sitka City And Borough, Alaska)

Less than 5 minutes : 1,018

5 to 9 minutes : 1,610

10 to 14 minutes : 1,202

15 to 19 minutes : 349

20 to 24 minutes : 81

25 to 29 minutes : 0

30 to 34 minutes : 53

35 to 39 minutes : 11

40 to 44 minutes : 29

45 to 59 minutes : 65

60 to 89 minutes : 44

90 or more minutes : 11


(updated 2009)



Social Security Income In The Past 12 Months For Households
(Sitka City And Borough, Alaska)

With Social Security income : 738

No Social Security income : 2,778


(updated 2009)



Retirement Income In The Past 12 Months For Households
(Sitka City And Borough, Alaska)

With retirement income : 479

No retirement income : 3,037


(updated 2009)



Family Income (Annual)
(Sitka City And Borough, Alaska)

Less than $10,000 : 67

$10,000 to $14,999 : 26

$15,000 to $19,999 : 67

$20,000 to $24,999 : 114

$25,000 to $29,999 : 61

$30,000 to $34,999 : 145

$35,000 to $39,999 : 66

$40,000 to $44,999 : 145

$45,000 to $49,999 : 30

$50,000 to $59,999 : 255

$60,000 to $74,999 : 239

$75,000 to $99,999 : 309

$100,000 to $124,999 : 302

$125,000 to $149,999 : 184

$150,000 to $199,999 : 168

$200,000 or more : 161


(updated 2009)



Median Family Income (Annual)
(Sitka City And Borough, Alaska)

Median family income in the past 12 months (in 2009 inflation-adjusted dollars) : $71,068


(updated 2009)



AM Radio Stations Near Sitka City And Borough, Alaska

  • KIFW (1230 AM; 1.0 kW; Sitka, AK; Owner: Alaska Broadcast Communications, Inc)
  • NEW (1290 AM; 2.5 kW; Sitka, AK; Owner: White Oak Broadcasting Of Alaska, Inc.)

FM Radio Stations Near Sitka City And Borough, Alaska

  • KSBZ (103.1 FM; Sitka, AK; Owner: Alaska Broadcast Communications, Inc)
  • KCAW (104.7 FM; Sitka, AK; Owner: Raven Radio Foundation, Inc.)
  • NEW (88.9 FM; Sitka, AK; Owner: Sitka Seventh-day Adventist Church)

TV Broadcast Stations Near Sitka City And Borough, Alaska

  • KTNL-TV (Channel 13; Sitka, AK; Owner: Ketchikan Tv, Llc)

(updated 2008)



Occupations in Sitka City And Borough, Alaska

Male:


  • Management, Professional, And Related Occupations: 536  (24.4%)
  • Service Occupations: 379  (17.3%)
  • Sales And Office Occupations: 276  (12.6%)
  • Farming, Fishing, And Forestry Occupations 248  (11.3%)
  • Construction, Extraction, And Maintenance Occupations: 396  (18.1%)

Female:


  • Management, Professional, And Related Occupations: 935  (43.3%)
  • Service Occupations: 397  (18.4%)
  • Sales And Office Occupations: 687  (31.8%)
  • Farming, Fishing, And Forestry Occupations 26  (1.2%)
  • Construction, Extraction, And Maintenance Occupations: 20  (0.9%)


(updated 2010)





Employment Rate In Sitka City And Borough, Alaska

Employed: 4,449
Unemployed: 256



Minority Owned Firms of 100 or More in
Sitka City And 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: 15.2%
  • Other: 84.8%



Water Usage In Sitka City And Borough, Alaska

Ground Water

 
Fresh 0.00 Mgal/d
Saline 0.00 Mgal/d

Total 0.00 Mgal/d
 

Surface Water

 
Fresh 1.30 Mgal/d
Saline 0.00 Mgal/d

Total 1.30 Mgal/d





There are 0 Farms In Sitka City And Borough, Alaska


(updated 2008)



Banks In Sitka City And Borough, Alaska

Wells Fargo Bank, National Association - 1 Branches


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

First Bank - 1 Branches


    Bank Assets: $476.7k
    Industry Specialization: Commercial Lending
    Total Offices: 349

First National Bank Alaska - 1 Branches


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

Northrim Bank - 1 Branches


    Bank Assets: $1.3m
    Industry Specialization: Commercial Lending
    Total Offices: 15

(updated 2014)







Airports Near Sitka City And Borough, Alaska

  • Sitka Rocky Gutierrez


    (about 2.4 miles in Sitka, Alaska; Airport Code: SIT)

  • Warm Spring Bay Seaplane Base


    (about 18.8 miles in Sitka, Alaska; Airport Code: BNF)

  • Hidden Falls Airport


    (about 19.3 miles in Sitka, Alaska; Airport Code: HDA)

  • Hanus Bay Airport


    (about 25.8 miles in Tenakee Springs, Alaska; Airport Code: HBC)

  • Rodman Bay Airport


    (about 26.8 miles in Tenakee Springs, Alaska; Airport Code: RXB)

  • False Island Airport


    (about 30.5 miles in Tenakee Springs, Alaska; Airport Code: FAK)

  • Chatham Airport


    (about 33.4 miles in Tenakee Springs, Alaska; Airport Code: CYM)

  • Cobol Alaska/Scaled/


    (about 34.3 miles in Hoonah, Alaska; Airport Code: OOB)

  • Kelp Bay Airport


    (about 36.8 miles in Angoon, Alaska; Airport Code: KLP)

  • Whalers Cove Lodge Airport


    (about 39.1 miles in Angoon, Alaska; Airport Code: WCL)

  • Angoon Seaplane Base


    (about 40.5 miles in Angoon, Alaska; Airport Code: AGN)

  • Hood Bay Airport


    (about 40.8 miles in Angoon, Alaska; Airport Code: HBY)

  • Tenakee Airport


    (about 44.3 miles in Tenakee Springs, Alaska; Airport Code: TKE)

  • Corner Bay Airport


    (about 46.1 miles in Tenakee Springs, Alaska; Airport Code: CBA)

  • Saginaw


    (about 46.5 miles in Kake, Alaska; Airport Code: SGW)

  • Klag Bay Airport


    (about 48.2 miles in Hoonah, Alaska; Airport Code: KBK)

  • Rowan Bay Airport


    (about 49.5 miles in Kake, Alaska; Airport Code: RWB)

  • Distin Lake Airport


    (about 51.7 miles in Angoon, Alaska; Airport Code: A47)

  • Little Port Walter Airport


    (about 51.7 miles in Port Alexander, Alaska; Airport Code: LPW)

  • Kake Seaplane Base


    (about 52.7 miles in Kake, Alaska; Airport Code: KAE)


(updated 2015)



Modes of Transportation in Sitka City And Borough, Alaska

Car, Truck, Or Van:

 

Drove Alone

56.58%

Carpooled

20.02%

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

0.54%

Motorcycle

0.0%

Bicycle

3.60%

Walked

12.13%

Other Means

2.99%

Worked At Home

4.14%



(updated 2010)





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