ExecutivePulse
Official Federal Data

Kenai Peninsula Borough, Alaska

FIPS 02122 · Population 60,413
9 Sources Updated June 22, 2026
$80,538
Median Income
$80,734 national
5.3%
Unemployment
4% national
$3.6B
GDP
29.8%
Bachelor's+
35.7% national

Demographics & Population

Census Bureau American Community Survey 2020-2024 · 5-Year Estimates

Household Income

Source: U.S. Census Bureau · American Community Survey 2020-2024 5-Year Estimates
Median Household
$80,538
Per Capita
$44,190
Mean Household
$105,973
Poverty Rate
11.8%
Median Income Comparison
Kenai Peninsula Borough$80,538
Alaska$92,788
National$80,734

Population Profile

Source: Census Bureau ACS 2020-2024 · Tables B01001, B02001, B03003
65+: 20% (12,085 residents) 55-64: 13.9% (8,401 residents) 35-54: 24.5% (14,824 residents) 18-34: 19.6% (11,821 residents) Under 18: 22% (13,282 residents) 41 Median Age
Cohorts
Under 18 · 22%
18-34 · 19.6%
35-54 · 24.5%
55-64 · 13.9%
65+ · 20%
Race & Ethnicity
White78.7%
Black or African American0.6%
Asian1.8%
Hispanic or Latino(any race)4.4%
Hispanic or Latino is an ethnic category and overlaps with the race categories above.

Educational Attainment

Source: Census Bureau ACS 2020-2024 · Table B15003 · Population 25+
94.7%
High School+
National: 89.6%
▲ +5.1 pts
29.8%
Bachelor's+
National: 35.7%
▼ 5.9 pts
10.3%
Graduate+
National: 14.1%
▼ 3.8 pts

Employment Overview

Source: U.S. Census Bureau · American Community Survey 2020-2024 5-Year Estimates
60,413
Population
27,265
Labor Force
Employed
25,171
Unemployment Rate BLS LAUS 2025 annual
5.3% ▲ +0.1 pts YoY
Mean Commute 6 min below national avg
20.7 min
Work From Home vs 15.1% national
10.5%
Key Takeaways
  • Talent gap: Bachelor's-or-higher attainment trails the national average by 5.9 pts, relevant for advanced-services attraction strategy.

Economy & Industry

Bureau of Labor Statistics QCEW · Bureau of Economic Analysis

$3.6B
Gross Domestic Product · 2024
Source: Bureau of Economic Analysis · CAGDP1 Regional GDP

Top Industries by Employment

Source: Bureau of Labor Statistics · Quarterly Census of Employment & Wages 2025 Annual
Top industries by employment in Kenai Peninsula Borough, Alaska, with employment, share of top sectors, and average wage
IndustryEmploymentShare of Top 10Avg Wage
1Health Care and Social Assistance
3,313 22.3%
$71,203
2Retail Trade
2,954 19.9%
$39,444
3Accommodation and Food Services
2,558 17.2%
$32,249
4Manufacturing
1,294 8.7%
$79,174
5Mining, Quarrying, and Oil and Gas Extraction
1,041 7.0%
$143,272
6Construction
1,020 6.9%
$71,382
7Transportation and Warehousing
985 6.6%
$59,249
8Other Services (except Public Administration)
822 5.5%
$47,046
9Professional, Scientific, and Technical Services
532 3.6%
$84,742
10Administrative and Support and Waste Management
341 2.3%
$57,494
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Key Takeaways
  • Largest sector: Health Care and Social Assistance employs 3,313 workers (22.3% of tracked sectors), at an average wage of $71,203.
  • Economic scale: Regional GDP of $3.6B (2024).
  • Wage stratification: Mining, Quarrying, and Oil and Gas Extraction averages $143,272 while Accommodation and Food Services averages $32,249, a 4.4x spread in the same local economy, with implications for workforce development and talent strategy.
Source: BLS QCEW + BEA Regional GDP.
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Industry Concentration

Location Quotient measures regional specialization vs. national average. LQ > 1.0 = concentrated.

Location Quotient Analysis

Concentrated Industries
Source: BLS QCEW · 3-digit NAICS sub-sector · Location Quotient vs. national employment share
Same source as the Top Industries table above, sub-sector view surfaces the specialization the supersector view masks (e.g., Plastics & Rubber Manufacturing inside the Manufacturing supersector).
Scenic and Sightseeing Transportation
59.58x
251
Fishing, Hunting and Trapping
29.76x
31
Support Activities for Mining
17.03x
632
Water Transportation
9.83x
94
Accommodation
3.44x
920
Utilities
2.56x
215
Religious, Grantmaking, Civic, Professional Orgs
2.23x
444
Gasoline Stations and Fuel Dealers
2.14x
312
Food Manufacturing
1.94x
480
Sporting Goods, Hobby, Musical Instrument, Book, and Misc. Retailers
1.86x
384

Cluster Depth

Source: BLS QCEW · Sub-sectors with LQ ≥ 1.5 indicate genuine cluster concentration
Dominant Cluster
Accommodation & Food Services Cluster
Coherent grouping of concentrated sub-sectors, signals supply-chain fit for site selectors
920
Cluster Employment
3.44x
Peak LQ
Concentrated Sub-Sectors
Scenic and Sightseeing Transportation
59.58x 251
Fishing, Hunting and Trapping
29.76x 31
Support Activities for Mining
17.03x 632
Water Transportation
9.83x 94
Accommodation
3.44x 920
Utilities
2.56x 215
Religious, Grantmaking, Civic, Professional Orgs
2.23x 444
Gasoline Stations and Fuel Dealers
2.14x 312
Food Manufacturing
1.94x 480
Sporting Goods, Hobby, Musical Instrument, Book, and Misc. Retailers
1.86x 384

Attraction Opportunities

LQ < 0.5 with ≥ 50 employed, realistic diversification targets. Source: BLS QCEW
0.18x
Administrative and Support Services
218 employed
0.20x
Merchant Wholesalers, Durable Goods
95 employed
0.20x
Insurance Carriers and Related Activities
71 employed
Key Takeaways
  • Top specialization: Scenic and Sightseeing Transportation concentrates at 59.58x the national norm, top-decile concentration, the kind of signature sector that defines a region's economic identity to site selectors.
  • Cluster depth: 10 sub-sectors register LQ ≥ 1.5, suggesting an interconnected industrial base rather than reliance on a single employer or sector.
  • Attraction whitespace: 8 sub-sectors register LQ < 0.5, candidates for diversification or recruitment depending on labor-market fit.
Source: BLS QCEW sub-sector Location Quotients.
Kenai Peninsula Borough's Top Sectors by Workforce Share
Each rectangle's area is proportional to that sector's share of total private-sector employment across all NAICS supersectors. Hover for exact employment.
Source: Bureau of Labor Statistics QCEW 2025 Annual · Private sector, NAICS supersectors

Housing & Affordability

Census ACS · HUD Fair Market Rents FY2026

Housing Overview

Source: Census Bureau ACS 2020-2024 5-Year Estimates · Tables B25001, B25077, B25064
$323,200
Median Home Value vs 2019
$1,184
Rent/Mo
77%
Owner-Occ
25.8%
Vacancy
4.0x
Home Value to Income Ratio
vs. ~4.1x national average

HUD Fair Market Rents

Source: HUD · Fair Market Rents FY2026
Studio
$993/mo
1 Bedroom
$1,000/mo
2 Bedroom
$1,312/mo
3 Bedroom
$1,825/mo
4 Bedroom
$2,201/mo
30% of monthly median household income (~$2,013/mo) · rents above this line are typically considered cost-burdened.
Key Takeaways
  • In line with national: Home value to income ratio of 4.0x sits near the ~4.1x national average; affordability is neither a clear advantage nor a recruitment friction.
  • High home ownership: 77% owner-occupied; rental supply may be tight for incoming workers.
  • Elevated vacancy: 25.8% vacancy rate. In resort, rural, and seasonal markets much of this is recreational/seasonal (second homes), not available supply; confirm the vacancy-by-reason split before treating it as a redevelopment opportunity.
  • Affordable rent tiers: 4 of 5 HUD Fair Market Rent bedroom tiers sit below the 30%-of-median-income affordability threshold (~$2,013/mo).
Source: Census ACS housing tables + HUD Fair Market Rents.

Workforce Pipeline

Labor force readiness, commuting, and workforce composition

Labor Market Overview

Source: Census ACS 2020-2024 · Tables B01001, B23025, B08303, B08301
35,046
Working Age (18-64) vs 2019
Mean Commute 6 min below national avg
20.7 min
Work From Home vs 15.1% national
10.5%
Prime-Age Employed (25-54)
73.7%
of prime-age population
Labor force participation rate: 57.8% of working-age population (18-64) 58% Participation
▼ vs 2019

Education & Talent Pipeline

Source: Census ACS 2020-2024 · Table B15003 · College Scorecard
Bachelor's+
29.8%
HS Diploma+
94.7%
Regional / Statewide Institutions
Total credentials awarded
5,225/yr
University of Alaska Anchorage 1,895/yr
Charter College 1,305/yr
University of Alaska Fairbanks 1,209/yr
University of Alaska Southeast 463/yr
Alaska Career College 215/yr
Alaska Pacific University 138/yr

Aging Workforce

Source: Census Bureau ACS · Derived from age & employment tables
24%
55-64 of working-age population (18-64)
Elevated retirement risk, above the 20% threshold. Succession planning recommended.

Workforce by Occupation

Source: Census ACS 2020-2024 · Table C24010 · Civilian employed population 16+
Management / Professional
38.7%
Service
18.4%
Sales & Office
16.3%
Construction / Maint.
15.1%
Production / Transport
11.5%
Bars scaled 2× for visual differentiation; percentage labels show actual share of 25,171 employed workers.
Key Takeaways
  • Succession risk is real: 24% of working-age residents are 55-64. Plan for retirements over the next decade and pair attraction strategy with talent retention.
  • Low participation: 57.8% labor force participation suggests untapped capacity; workforce development programs may unlock supply.
  • Short commutes: 20.7-minute mean commute is a quality-of-life and labor-access advantage worth surfacing for site selectors.
  • Talent pipeline: 6 regional institutions feed the workforce; the top three combined produce 4,409 annual credentials.
Source: ACS workforce data and College Scorecard.

AI Insights

AI-assisted analysis, drawn from 9 federal data sources

Sample AI Insight

Kenai Peninsula Borough shows strong potential for scenic and sightseeing transportation attraction, with a 59.58x concentration and 251 jobs in this sub-sector. It ranks in the top decile nationally. Near-term succession risk is elevated, with 24% of the working-age population within 10 years of retirement age.

The interconnected base across scenic and sightseeing transportation, fishing, hunting and trapping, and support activities for mining creates supply-chain attraction leverage rather than single-employer risk, a structural advantage for industrial recruitment.

Industry Shift Analysis

Manufacturing Automation Risk
High
Healthcare Growth Forecast
+4.2% CAGR
Remote Work Migration
67/100

Prospect Match Scores

Advanced Manufacturing
92/100
Life Sciences
84/100
Data Centers
71/100
Illustrative example

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Data Sources

Updated from official federal government data.

Census ACS 5-Year2024
BLS QCEW2025 annual
BLS LAUS (via FRED)2025 annual
BEA Regional GDP2024
Census CBP2023
HUD Fair Market RentsFY2026
FCC Broadband Map2024
USAspending.govFY2026
College ScorecardAY 2022-23

Frequently Asked Questions

Key economic and demographic figures for Kenai Peninsula Borough, Alaska, from federal data sources.

What is the population of Kenai Peninsula Borough, Alaska?

60,413 (U.S. Census Bureau, ACS 5-Year Estimates).

What is the median household income in Kenai Peninsula Borough, Alaska?

$80,538 (U.S. Census Bureau, ACS 5-Year Estimates).

What is the unemployment rate in Kenai Peninsula Borough, Alaska?

5.3% (2025 annual average, U.S. Bureau of Labor Statistics, LAUS).

What is the GDP of Kenai Peninsula Borough, Alaska?

$3.6B (U.S. Bureau of Economic Analysis, CAGDP1).