Juneau Economic Development Council

 

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Juneau Economic Indicators 2010

The Juneau Economic Development Council publishes the Juneau Economic Indicators Report (PDF) on an annual basis.

The web-based economic indicators below track the latest of economic trends as they happen.


Juneau by the Numbers

A quick reference guide to statistics about Juneau.

Juneau by the Numbers
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Southeast by the Numbers
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Sources: 2006-2008 American Community Survey 3-Year Estimates Survey: American Community Survey, City and Borough of Juneau and Alaska Department of Labor Research and Analysis

Demographic Information

Juneau Population
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Juneau Population Distribution
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Juneau Population Distribution by Age
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Total Registered Voters in Juneau
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Juneau Population by Race
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Southeast Population
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Source: Alaska Department of Labor Research and Analysis

Employment Statistics

Employment and Payroll

Average Quarterly Employment Q2 2009 = $17,976
Average Annual Wage Q2 2009 = $41,720

Juneau Employment by Industry
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Change in employment by quarter
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Total Houshold Annual Income and Benefits
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Average Annual Equivalent Wages in Juneau by Sector
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Total Earnings Distribution Between Males & Females in Juneau
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Employment Distribution Between Males and Females in Juneau
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Employment Distribution by Age Group in Juneau
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Sources: Alaska Department of Labor and 2006-2008 American Community Survey 3-Year Estimates Survey: American Community Survey

Unemployment Rate

Juneau February 2010 Unemployment Rate = 7.4%

Juneau Unemployment Rate
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Juneau, Southeast, Alaska, US Unemployment Rates
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Source: Alaska Department of Labor

Largest Private Employers

Largest Private Employers
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Southeast Largest Private Employers
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Source: Alaska Department of Labor Research and Analysis

Industry Information

Mining Industry

Mining industry payroll in Juneau was approximately $38.6 million in 2007. With more than 300 employees, Juneau's largest private employer is the Hecla Greens Creek Mining Company, whose mine on Admiralty Island is the second largest silver producer in North America and the sixth largest in the world. A second mine, the Kensington, has recently completed permitting and is expected to begin operations in the second half of 2010. Once opened, the mine will provide 200 direct jobs with $14 million in annual payroll.

Southeast Alaska Mining Map
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Gold Prices
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Enlarge

Silver Prices
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Zinc Prices
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Zinc Prices 5 Years (LME)

Zinc Prices 3 Months (LME)

Sources: Alaska Department of Natural Resources. Office of Project Management & Permitting, Kitco, and Alaska Department of Labor Research and Analysis

Tourism Industry

Tourism, as a whole, is Juneau's largest private-sector employer. In 2008, the local tourism industry had 2,230 workers, and a payroll of $75 million. Combined, cruise passengers and crew spent $177 million in Juneau last year. The number of cruise ship visitors to Juneau doubled between 1997 and 2007 and now tops one million annually (1,032,000 in 2008). Juneau also hosts an additional 100,000 independent tourists annually.

Alaska Airline Passenger Volume
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Cruise Ship Passengers Visiting Juneau
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Disembarking Ferry Passengers in Juneau
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Cruise Ship Passengers Visiting Juneau
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Source: Ferry traffic is disembarking passengers in Juneau from the Alaska Marine Highway System. Alaska Airlines deplanements are obtained from Juneau International Airport. Cruise line traffic obtained from Cruise Line Agencies of Alaska. Other airline arrivals is from the US Bureau of Transportation Statistics. 

Seafood Industry

The seafood industry (commercial fishing, fish processing and hatchery production) constitutes another important sector of the local economy. Juneau's commercial fishing fleet harvests a wide variety of seafood including salmon, halibut, blackcod, rockfish, shrimp, crab, herring and groundfish. Nearly 700 Juneau residents fish commercially--as crew or fishermen--earning $21.2 million in 2007. The processing sector includes several smokeries and fresh fish buyers. In 2007, 29 million pounds of seafood were processed in Juneau.

Southeast Alaska Commercial Seafood Industry Harvest & Value Information
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Southeast Alaska Commercial Seafood First Wholesale From Processors, by Specie
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Southeast Alaska Commercial Seafood First Wholesale From Processors, by Area, in millions
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Southeast Alaska Resident Fishermen, Crew and Permits
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Southeast Alaska Resident Commercial Fisheries Pounds Landed and Gross Earnings
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Sources: ADF&G - COAR & Fish Ticket Databases, 6/18/09 and Alaska Commercial Fisheries Entry Commission

Government

With more than 7,000 employees, the most important source of Juneau jobs and income continues to be government, especially the State of Alaska, which accounts for nearly a quarter of all direct local employment with 4,211 jobs. City, tribal and federal government combined employ another 17 percent of Juneau's workers (3,043). Juneau's government workers from all four sectors earned $366 million in 2008, or nearly half of all Juneau wages. Within state government, the Department of Transportation and Public Facilities is the largest employer, with around 700 employees. The Juneau School District is the largest City employer, with over 700 employees. The Coast Guard, with 350 employees, is the largest local federal employer. Juneau's historic dependence on state government has been declining from two decades ago when State jobs accounted for a third of all local employment.

Government Employment by Quarter
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State of Alaska Employment in Juneau
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Source: Alaska Department of Labor Research and Analysis

Housing

The average price of a single-family residence in 2009 = $307,955

The average price of a single-family residence in 2009 was $307,955, which was 4.3 percent higher than the 2008 average. However, in the last quarter of 2009, the average price of a single-family residence fell by 9 percent from the previous quarter.
Note: For the purposes of this analysis, single-family residences are defined as single-family homes, single-family homes with apartments, and zero-lot lines. Not included in this definition are mobile homes, duplexes, and other multi-family buildings.

Quarterly Single-Family Residential Sales in Juneau
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Single Family Residential Sales
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Annual Single-Family Residential Sales in Juneau
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Juneau and Alaska Affordability Index
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Outlook: We have yet to experience the "Kensington effect" which will likely drive the prices of houses even higher as families with comparatively higher wages make home purchases in 2010 as 200 new jobs are created.

Sources: Southeast Multiple Listing Service and Alaska Department of Labor Research and Analysis

K12 Education

In 2008 the number of students enrolled in the Juneau School District, 4,930, decreased by 112 students, or two percent from the prior year. The Juneau K-12 student population is down more than 800 students from peak levels a decade ago. According to current projections, the school district will lose another 183 students over the next three years. However, preliminary Fall 2009 data indicates that enrollment is exceeding projections.

Juneau School District Enrollment
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Distribution by Grade
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Juneau School District K-12 Enrollment, Fall 1998-2008
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Graduation Rates for Juneau, Anchorage, Fairbanks, and Alaska for 2003-2008
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Juneau, Anchorage and AK Dropout Rate Rates 1998-2008
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FY2008 SBA Exam Results for Juneau, Anchorage & Statewide
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FY2008 SBA Exam Results for Juneau, Anchorage & Statewide: Combined Advanced and Proficient Scores
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Sources: State of Alaska Department of Education and Early Development and Juneau School District

Other Useful Information

Weather

2009 Avg. Juneau Temperatures
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Total Snowfall and Precipitation
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Source: Western Regional Climate Center

Cost of Living

Several studies are conducted periodically to try to determine the comparative living costs of Alaska and Juneau to other communities. Generally, Juneau is 30 percent more expensive to live in than the "average" US city, and 11 percent more expensive than Anchorage. Specific findings are presented below.

State of Alaska Cost of Living Differential By Selected Community
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State of Alaska Cost of Living Differential by Category
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ACCRA Cost of Living Index - 2nd Quarter
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Electricity Usage in Juneau
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Sources: Alaska Department of Administration, Alaska Geographic Differential Study, ACCRA Cost of Living Index, Alaska Department of Labor Research and Analysis, and AEL&P.

Taxes

Juneau Property Tax Mill Rate = 10.6
Juneau Sales Tax Rate = 5%

Taxes in Juneau: An Overview
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Senior Sales Tax Exemption
Juneau has a sales tax exemption for seniors. Alaska residents aged 65 and older are eligible to receive a Juneau sales tax exemption. Other communities with sales tax exemptions for seniors include Ketchikan, Petersburg, Skagway and Sitka.

Real Property Tax Exemption
Alaska has a statewide property tax exemption on the first $150,000 of assessed real property value for residents 65 and older.

Source: City and Borough of Juneau.

More Juneau Facts and Numbers


Custom Report

Check the boxes below to configure a custom report using charts from the sections above.

Juneau by the Numbers
Southeast by the Numbers
Juneau Population
Juneau Population Distribution
Juneau Population Distribution by Age
Total Registered Voters in Juneau
Juneau Population by Race
Southeast Population
Employment Statistics
Change in employment by quarter
Total Houshold Annual Income and Benefits
Average Annual Equivalent Wages in Juneau by Sector
Total Earnings Distribution Between Males & Females in Juneau
Employment Distribution Between Males and Females in Juneau
Employment Distribution by Age Group in Juneau
Juneau Employment by Industry
Juneau Unemployment Rate
Juneau, Southeast, Alaska, US Unemployment Rates
Largest Private Employers
Southeast Largest Private Employers
Industry Information
Southeast Alaska Mining Map
Gold Prices
Silver Prices
Alaska Airline Passengers Deplanements by Quarter
Cruise Ship Passengers Visiting Juneau
Cruise Ship Passengers Visiting Juneau
Disembarking Ferry Passengers in Juneau
Southeast Alaska Commercial Seafood Industry Harvest & Value Information
Southeast Alaska Commercial Seafood First Wholesale From Processors, by Specie
Southeast Alaska Commercial Seafood First Wholesale From Processors, by Area, in millions
Southeast Alaska Resident Fishermen, Crew and Permits
Southeast Alaska Resident Commercial Fisheries Pounds Landed and Gross Earnings
Government Employment by Quarter
State of Alaska Employment in Juneau
Quarterly Single-Family Residential Sales in Juneau
Single Family Residential Sales (2)
Annual Single-Family Residential Sales in Juneau
Juneau and Alaska Affordability Index
Juneau School District Enrollment
Distribution by Grade
Juneau School District K-12 Enrollment, Fall 1998-2008
Graduation Rates for Juneau, Anchorage, Fairbanks, and Alaska for 2003-2008
Juneau, Anchorage and AK Dropout Rate Rates 1998-2008
FY2008 SBA Exam Results for Juneau, Anchorage & Statewide
FY2008 SBA Exam Results for Juneau, Anchorage & Statewide: Combined Advanced and Proficient Scores
Other Useful Information
2009 Avg. Juneau Temperatures
Total Snowfall and Precipitation
State of Alaska Cost of Living Differential By Selected Community
State of Alaska Cost of Living Differential by Category
ACCRA Cost of Living Index - 2nd Quarter
Electricity Usage in Juneau
Taxes in Juneau: An Overview
More Juneau Facts and Numbers