Alaska

Income

According to the Bureau of Economic Analysis, in 2001, Alaska had a per capita personal income (PCPI) of $31,027 which ranked 15th in the United States (including the District of Columbia) and was 102% of the national average, $30,413. The 2001 PCPI reflected an increase of 3.6% from 2000 compared to the national change of 2.2%. In 2001, Alaska had a total personal income (TPI) of $19,659,927,000 which ranked 48th in the United States and accounted for 0.2% of the national total. The 2001 TPI reflected an increase of 4.5% from 2000 compared to the national change of 3.3%.

Earnings of persons employed in Alaska increased from $14,182,106,000 in 2000 to $14,953,370,000 in 2001, an increase of 5.4%. The largest industries in 2001 were services, 22.3% of earnings; state and local government, 16.8%; and transportation and public utilities, 10.4%. Of the industries that accounted for at least 5% of earnings in 2001, the slowest growing from 2000 to 2001 was federal civilian government (7.8% of earnings in 2001), which increased 1.0%; the fastest was mining (7.6% of earnings in 2001), which increased 14.4%.

According to data released by the US Census Bureau, in 2000, the median household income was $50,746 compared to the national average of $42,148. In 2001, the median income for a family of four was $71,395 compared to the national average of $63,278. For the period 1999 to 2001, the average poverty rate was 7.9% which placed it 7th among the 50 states and the District of Columbia ranked lowest to highest.