Kenai Peninsula Borough, AK Economy


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United States / Alaska / No Metro Area / Kenai Peninsula Borough County / Cities / Zip Codes
Kenai Peninsula Borough, AK County is a beautiful area in the United States known for its amazing scenery and abundant wildlife. It is also home to several companies that provide services to the local population. One of these companies is Cook Inlet Tribal Council, Inc., which provides social, economic, educational, employment, and environmental services to tribal families living in the Kenai Peninsula Borough. Another local business is Faulkner Gristmill, which offers grain milling and organic flour production services to the area's residents. Finally, Iliamna Air Taxi provides air taxi services throughout Alaska's Kenai Peninsula region. Together, these businesses make up an important part of the economy in Kenai Peninsula Borough.

Kenai Peninsula Borough County has an unemployment rate of 8.9%. The US average is 6.0%.

Kenai Peninsula Borough County has seen the job market decrease by -4.0% over the last year. Future job growth over the next ten years is predicted to be 12.1%, which is lower than the US average of 33.5%.

Tax Rates for Kenai Peninsula Borough County
- The Sales Tax Rate for Kenai Peninsula Borough County is 4.6%. The US average is 7.3%.
- The Income Tax Rate for Kenai Peninsula Borough County is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Kenai Peninsula Borough County
- The average income of a Kenai Peninsula Borough County resident is $37,473 a year. The US average is $37,638 a year.
- The Median household income of a Kenai Peninsula Borough County resident is $70,609 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyKenai Peninsula Borough, AlaskaUnited States
  8.96
  -4.0%-6.2%
  12.1%33.5%
  3.0%6.2%
  0.0%4.6%
  $37,473$37,638
  $70,609$69,021
  $94,066$85,028
  Population by Occupation
  3.5%1.2%
  4.6%0.5%
  8.4%6.8%
  3.7%10.0%
  1.2%2.5%
  10.4%11.0%
  5.3%4.8%
  1.3%0.8%
  1.8%1.9%
  1.8%4.7%
  1.9%1.9%
  3.7%7.6%
  0.0%0.1%
  2.3%4.2%
  8.8%9.3%
  17.7%14.0%
  1.5%2.1%
  7.9%7.0%
  5.1%4.8%
  9.1%4.7%
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