Juneau Economic Indicators 2010
The Juneau Economic Development Council publishes the Juneau Economic Indicators Report (PDF) on an annual basis.
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The web-based economic indicators below track the latest of economic trends as they happen.
A quick reference guide to statistics about Juneau.
| Juneau by the Numbers (Click chart to enlarge...) |
Southeast by the Numbers (Click chart to enlarge...) |
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
| Juneau Population (Click chart to enlarge...) | Juneau Population Distribution (Click chart to enlarge...) |
Juneau Population Distribution by Age (Click chart to enlarge...) |
| Total Registered Voters in Juneau (Click chart to enlarge...) | Juneau Population by Race (Click chart to enlarge...) |
Southeast Population (Click chart to enlarge...) |
Employment Statistics
Average Quarterly Employment Q2 2009 = $17,976
Average Annual Wage Q2 2009 = $41,720
| Juneau Employment by Industry (Click chart to enlarge...) |
Change in employment by quarter (Click chart to enlarge...) |
Total Houshold Annual Income and Benefits (Click chart to enlarge...) |
| Average Annual Equivalent Wages in Juneau by Sector (Click chart to enlarge...) |
Total Earnings Distribution Between Males & Females in Juneau (Click chart to enlarge...) |
Employment Distribution Between Males and Females in Juneau (Click chart to enlarge...) |
| Employment Distribution by Age Group in Juneau (Click chart to enlarge...) |
Sources: Alaska Department of Labor and 2006-2008 American Community Survey 3-Year Estimates Survey: American Community Survey
Juneau February 2010 Unemployment Rate = 7.4%
| Juneau Unemployment Rate (Click chart to enlarge...) |
Juneau, Southeast, Alaska, US Unemployment Rates (Click chart to enlarge...) |
Source: Alaska Department of Labor
| Largest Private Employers (Click chart to enlarge...) |
Southeast Largest Private Employers (Click chart to enlarge...) |
Industry Information
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 (Click chart to enlarge...) |
Gold Prices (Click chart to enlarge...) |
Zinc Prices (Click chart to enlarge...) 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
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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 (Click chart to enlarge...) |
Cruise Ship Passengers Visiting Juneau (Click chart to enlarge...) |
Disembarking Ferry Passengers in Juneau (Click chart to enlarge...) |
| Cruise Ship Passengers Visiting Juneau (Click chart to enlarge...) |
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.
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| 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 (Click chart to enlarge...) |
Southeast Alaska Commercial Seafood First
Wholesale From Processors, by Specie (Click chart to enlarge...) |
Southeast Alaska Commercial Seafood First Wholesale From Processors, by Area, in millions (Click chart to enlarge...) |
| Southeast Alaska Resident Fishermen, Crew and Permits (Click chart to enlarge...) |
Southeast Alaska Resident Commercial Fisheries Pounds Landed and Gross Earnings (Click chart to enlarge...) |
Sources: ADF&G - COAR & Fish Ticket Databases, 6/18/09 and Alaska Commercial Fisheries Entry Commission
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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 (Click chart to enlarge...) |
State of Alaska Employment in Juneau (Click chart to enlarge...) |
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 (Click chart to enlarge...) |
Single Family Residential Sales (Click chart to enlarge...) |
Annual Single-Family Residential Sales in Juneau (Click chart to enlarge...) |
| Juneau and Alaska Affordability Index (Click chart to enlarge...) |
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
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 (Click chart to enlarge...) |
Distribution by Grade (Click chart to enlarge...) |
Juneau School District K-12 Enrollment, Fall 1998-2008 (Click chart to enlarge...) |
| Graduation Rates for Juneau, Anchorage, Fairbanks, and Alaska for 2003-2008 (Click chart to enlarge...) |
Juneau, Anchorage and AK Dropout Rate Rates 1998-2008 (Click chart to enlarge...) |
FY2008 SBA Exam Results for Juneau, Anchorage & Statewide (Click chart to enlarge...) |
| FY2008 SBA Exam Results for Juneau, Anchorage & Statewide: Combined Advanced and Proficient Scores (Click chart to enlarge...) |
Sources: State of Alaska Department of Education and Early Development and Juneau School District
Other Useful Information
| 2009 Avg. Juneau Temperatures (Click chart to enlarge...) |
Total Snowfall and Precipitation (Click chart to enlarge...) |
Source: Western Regional Climate Center
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 (Click chart to enlarge...) |
State of Alaska Cost of Living Differential by Category (Click chart to enlarge...) |
ACCRA Cost of Living Index - 2nd Quarter (Click chart to enlarge...) |
| Electricity Usage in Juneau (Click chart to enlarge...) |
Sources: Alaska Department of Administration, Alaska Geographic Differential Study, ACCRA Cost of Living Index, Alaska Department of Labor Research and Analysis, and AEL&P.
Juneau Property Tax Mill Rate = 10.6
Juneau Sales Tax Rate = 5%
| Taxes in Juneau: An Overview (Click chart to enlarge...) |
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 (Click chart to enlarge...) |
Sources: 2006-2008 American Community Survey 3-Year Estimates Survey: American Community Survey and City and Borough of Juneau.
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