Skagway Municipality, Alaska Income Statistics
Skagway Municipality Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of a county's residents based on income levels, employment rates, and income inequality metrics.
-
B
Skagway Municipality Around averageWealthier than 83% of counties in Alaska
Source: Map AI Methodology
Income Statistics Overview
| Metric | Skagway Municipality | Alaska Avg | US Average |
|---|---|---|---|
| Median Household Income | $80,882 | $93,666 | $80,455 |
| Median Personal Income | $70,155 | $68,716 | $60,758 |
| Average Yearly Income Growth | 2.6% | 2.9% | 4.8% |
| Six-Figure Earners | 23.4% | 16.8% | 13.9% |
| $200k+ Households | 13.3% | 14.6% | 13.2% |
The median household income in Skagway Municipality is about 14% lower than in Alaska. Income has been growing slower in Skagway Municipality (2.6%/yr) than in Alaska (2.9%/yr).
About 23% of adults in Skagway Municipality earn six figures ($100,000 or more) a year, higher than the Alaska average of 17%.
Median Household Income 2010–2024 Trend
Median Household Income Over Time
Median household income in Skagway Municipality, Alaska grew by 10.3% from 2010 to 2024, reaching $80,882 in 2024. That's an average of about 2.6% per year.
Income Inequality and the Gender Pay Gap in Skagway Municipality
| Metric | Skagway Municipality | Alaska Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.463 | 0.527 | 0.552 |
| Male Median Income | $80,302 | $76,032 | $69,667 |
| Female Median Income | $74,926 | $65,882 | $56,850 |
| Gender Pay Gap | 6.7% | 13.3% | 18.4% |
The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In Skagway Municipality, it is 0.463, lower than Alaska's 0.527, so income is more evenly distributed here than there, and lower than the US's 0.552, so income is more evenly distributed here than there.
Men's income is about 7% more than women's income in Skagway Municipality, Alaska. Over a 35-year career, a 7% wage gap accumulates to roughly $188,160 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2010, the income gap between men and women in Skagway Municipality, Alaska has narrowed from about 12% to 7% in 2024. Over that period the gap was widest at 26% in 2014, and in 2012 women out-earned men by 25%. In dollar terms, the gap has narrowed by $1,316 since 2010.
Employment
| Metric | Skagway Municipality | Alaska Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 9.1% | 5.5% | 5.2% |
| Working from Home | 4.6% | 9.7% | 15.0% |
| Commute time (minutes) | 4 | 16 | 22 |
Approximately 68 people are unemployed in Skagway Municipality, Alaska.
The average commute time in Skagway Municipality is 4 minutes, shorter than the 16 minutes in Alaska.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Skagway Municipality, Alaska has risen from 5.3% to 9.1% in 2024. Over that period the rate peaked at 12.9% in 2021.
Skagway Municipality, AK Wealth Compared With Nearby Counties
Skagway Municipality, AK is the smallest of the 6 counties compared here, 1,193 residents against a local median of 3,409. The measure that sets Skagway Municipality, AK apart most is unemployment: 9.1%, 92% above the local median of 4.8%. That is the weaker end of the local range on this measure.
Income growth tells the same story from another angle: 2.6%/yr against a local median of 2.1%/yr, 28% above it. The picture is mixed rather than uniform: income growth runs ahead of the neighbourhood while unemployment runs behind it, so Skagway Municipality, AK is trading one against the other rather than simply out-performing what surrounds it. The counties themselves spread 12.2% on unemployment, so Skagway Municipality, AK sits at one end of an already wide local range rather than apart from it. Skagway Municipality, AK has the 5th lowest unemployment of the 6 areas compared here.
| Area | Population | Median household income | Income growthAverage yearly change in median household income since 2016. Each year is measured in its own dollars, so this is growth before inflation. | Unemployment | Income inequalityGini coefficient: 0 would mean every household earns the same, 1 that a single household earns everything. The lower the number, the more equally income is shared here. |
|---|---|---|---|---|---|
| Skagway Municipality, AK | 1,193 | $80,882 #4/6 | 2.6%/yr #3/6 | 9.1% #5/6 | 0.463 #2/6 |
| Haines Borough, AK | 2,110 | $85,162 | 6.2%/yr | 4.8% | 0.513 |
| Hoonah-Angoon Census Area, AK | 2,319 | $61,912 | 1.8%/yr | 15.8% | 0.522 |
| Juneau City and Borough, AK | 31,790 | $102,083 | 1.9%/yr | 3.9% | 0.495 |
| Sitka City and Borough, AK | 8,374 | $101,504 | 4.7%/yr | 6.3% | 0.471 |
| Petersburg Borough, AK | 3,409 | $75,044 | 2.1%/yr | 3.6% | 0.447 |
Conclusion
Considering all these factors, Skagway Municipality, Alaska has an overall wealth index grade of B, making it somewhat better than Alaska, and somewhat better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Skagway Municipality, Alaska.
How Rich Is Skagway Municipality, Alaska?
Skagway Municipality has a wealth index grade of B. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a B grade means residents are quite well off compared to the U.S. average. The median household income is $80,882, about 14% lower than the Alaska average of $93,666.
How fast is household income rising in Skagway Municipality, Alaska?
Between 2010 and 2024, the median household income in Skagway Municipality, Alaska rose 10%, from $73,332 to $80,882. Over the same years, income here lagged behind Alaska as a whole: +10% against +40%.
What was the median household income in Skagway Municipality in 2023?
In 2023, the median household income in Skagway Municipality, Alaska was $78,024, down 4% from $81,626 in 2022. The Alaska median that year was $90,366.
What was the median household income in Skagway Municipality in 2020?
In 2020, the median household income in Skagway Municipality, Alaska was $71,730. By 2024 it had risen 13% to $80,882.
How many people earn six figures in Skagway Municipality, Alaska?
Yes. 23% of adults in Skagway Municipality, Alaska earn $100,000 or more a year (about 1 in 4), against 17% (about 1 in 6) in Alaska. 13% of households have a combined income of $200,000 or more, compared with 15% in Alaska.
How strong is the job market in Skagway Municipality, Alaska?
Unemployment in Skagway Municipality, Alaska is 9.1%, well above the Alaska rate of 5.5%, so job seekers may face more competition than elsewhere.
What is the Gini coefficient in Skagway Municipality, Alaska?
The Gini coefficient in Skagway Municipality is 0.463. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is lower than the US average of 0.552, so income is distributed more equally than in the country overall.
How has the income gap between men and women changed in Skagway Municipality, Alaska?
Since 2010, the income gap between men and women in Skagway Municipality, Alaska has narrowed from about 12% to 7% in 2024. Over that period the gap was widest at 26% in 2014, and in 2012 women out-earned men by 25%. In dollar terms, the gap has narrowed by $1,316 since 2010.
Analyze any area in the US
Get local demographics for any address, aggregated by drive time or radius, on the interactive map.
Explore the map →