51 Alaska Business Stats & Facts For 2025

Here are 51 business stats about Alaska for 2025.

Basics:

Population: 733,406 (US Census 2020)
Population desnity per square mile: 1.30
GDP: $67,337 (millions USD)
GDP Per Capita: $92,272
Median household income (in 2022 dollars): $86,370
Real GDP Growth Rate: 5.30%
Total Employment: 472.6k
Unemployment Rate: 5.1%

Rankings

% Share of National Economy: 0.25%
State Economic Growth Rank (out of 50): 50
Population Growth Rank (out of 50): 47
Business Growth Rank (out of 50): 50
State Growth Rank in Employment (out of 50): 38

Biggest Industries In Alaska By Revenue

1. Tourism: $70.1b
2. Oil Drilling & Gas Extraction: $34.5b
3. Gasoline & Petroleum Bulk Stations: $10.7b
4. Real Estate Investment Trusts: $5.9b
5. Hospitals: $4.4b
6. Seafood Preparation: $3.0b
7. Warehouse Clubs & Supercenters: $2.7b
8. New Car Dealers: $2.2b
9. Supermarkets & Grocery Stores: $2.2b
10. Petroleum Refining: $2.1b

Biggest Employers In Alaska

1. Providence: 4,000 (0.8%)
2. The Kroger Co.: 3,210 (0.7%)
3. The Home Depot, Inc.: 1,535 (0.3%)
4. Arctic Slope Regional Corp: 1,500 (0.3%)
5. Alaska Airlines, Inc.: 1,500 (0.3%)
6. Yukon-Kuskokwim Health Corporation: 1,400 (0.3%)
7. NMS: 1,400 (0.3%)
8. Banner Health: 1,400 (0.3%)
9. Trident Seafoods Corporation: 1,400 (0.3%)
10. United States Postal Service: 1,350 (0.3%)

Small Businesses In Alaska

Number of Small Businesses 71,781
Percent of bossiness that are small businesses: 99.10%
Number of employees: 138,752
Share of Employment: 52.50%
Number of New Businesses In The Past Year: 2,514
Number of Businesses That Closed In The Past Year: 1,808
Net Change In New Businesses: 706

Number of Businesses With No Employees: 55,923
Number of Businesses with 1-19 Employees: 14,901
Number of Businesses with 20-499 Employees: 1,587
Share of Businesses Owned By Women: 43.80%
Share of Businesses Owned By Veterans: 11.40%
Share of Hispanic Owned Businesses: 4.50%
Share of Businesses Owned By Racial Minorities: 16.40%

Fortune 500 Companies In Alaska

Number of Fortune 500 Headquaters: N/A
Biggest Company: N/A
Biggest Company Type: N/A
Number of Employees: N/A
Revenue (in millions): N/A

Taxes In Alaska

State Corporate Tax Rate:

• 0.00%
• 2.00%
• 3.00%
• 4.00%
• 5.00%
• 6.00%
• 7.00%
• 8.00%
• 9.00%
• 9.40%

State Corporate Tax Rate Brackets:

• $0
• $25,000
• $49,000
• $74,000
• $99,000
• $124,000
• $148,000
• $173,000
• $198,000
• $222,000

State Sales Tax Rate: 0.00%
State Sales Tax Rank (out of 50): 46
Average Local Sales Tax Rate: 1.82%
Max Local Sales Tax Rate: 7.85%
Average Combined Sales Tax Rate: 1.82%
Combined Sales Tax Rank (out of 50): 46

Minimum State Income Tax Rate If You’re Single: None
Minimum State Income Tax Rate If You’re Married: None

General Alaska Population Facts

In civilian labor force, total, percent of population age 16 years+: 63.10%
In civilian labor force, female, percent of population age 16 years+: 61.50%
Share of population which is foreign born: 7.90%
Mean travel time to work (minutes), workers age 16 years+: 19.3

Housing

Number of Housing Units: 329,699
Owner-occupied housing unit rate: 66.30%
Median value of owner-occupied housing units: $318,000
Median gross rent per month: $1,345
Households with a computer: 96.10%
Households with a broadband Internet subscription: 89.40%

Education

High school graduate or higher, percent of persons age 25 years+: 93.50%
Bachelor’s degree or higher, percent of persons age 25 years+: 30.70%

Also See

• Alaska Registered Agent Services
• Alaska Secretary of State Business Search
• How To Form an LLC In Alaska
• Alaska Bookkeepers & Bookkeeping Services

Sources

• https://en.wikipedia.org/wiki/List_of_U.S._states_and_territories_by_GDP
• https://en.wikipedia.org/wiki/Economy_of_Alaska
• https://www.ibisworld.com/united-states/economic-profiles/alaska/
• https://taxfoundation.org/data/all/state/2024-sales-taxes/
• https://taxfoundation.org/data/all/state/state-corporate-income-tax-rates-brackets-2024/
• https://taxfoundation.org/data/all/state/state-income-tax-rates-2024/
• https://advocacy.sba.gov/2023/11/14/2023-small-business-profiles-for-the-states-territories-and-nation/
• https://advocacy.sba.gov/wp-content/uploads/2023/11/2023-Small-Business-Economic-Profile-AK.pdf
• https://www.bls.gov/eag/
• https://www.bls.gov/regions/west/alaska.htm#eag
• https://www.census.gov/quickfacts/fact/table/AK,US/PST045223
• https://www.50pros.com/fortune500