Wrangell, Alaska Income Statistics
Wrangell Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of an area's residents based on income levels, employment rates, and income inequality metrics.
-
C
Wrangell Below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Wrangell | Alaska Avg | US Average |
|---|---|---|---|
| Median Household Income | $63,100 | $93,666 | $80,455 |
| Median Personal Income | $62,181 | $68,716 | $60,758 |
| Average Yearly Income Growth | 2.4% | 2.9% | 4.8% |
| Six-Figure Earners | 9.9% | 16.8% | 13.9% |
| $200k+ Households | 6.3% | 14.6% | 13.2% |
The median household income in Wrangell is about 33% lower than in Alaska. Income has been growing slower in Wrangell (2.4%/yr) than in Alaska (2.9%/yr).
About 10% of adults in Wrangell earn six figures ($100,000 or more) a year, lower than the Alaska average of 17%.
Median Household Income 2010–2024 Trend
Median Household Income Over Time
Median household income in Wrangell, Alaska grew by 24.8% from 2010 to 2024, reaching $63,100 in 2024. That's an average of about 2.4% per year.
Income Inequality and the Gender Pay Gap in Wrangell
| Metric | Wrangell | Alaska Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.489 | 0.527 | 0.552 |
| Male Median Income | $67,096 | $76,032 | $69,667 |
| Female Median Income | $66,831 | $65,882 | $56,850 |
| Gender Pay Gap | 0.4% | 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 Wrangell, it is 0.489, 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 0% more than women's income in Wrangell, Alaska.
Income by Sex Over Time
Since 2009, the income gap between men and women in Wrangell, Alaska has narrowed from about 24% to 0% in 2024. Over that period the gap was widest at 34% in 2010. In dollar terms, the gap has narrowed by $12,731 since 2009.
Employment
| Metric | Wrangell | Alaska Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 4.3% | 5.5% | 5.2% |
| Working from Home | 13.3% | 9.7% | 15.0% |
| Commute time (minutes) | 6 | 16 | 22 |
Approximately 38 people are unemployed in Wrangell, Alaska.
The average commute time in Wrangell is 6 minutes, shorter than the 16 minutes in Alaska.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Wrangell, Alaska has fallen from 5.5% to 4.3% in 2024. Over that period the rate peaked at 8.0% in 2013 and fell as low as 3.4% in 2022.
Conclusion
Considering all these factors, Wrangell, Alaska has an overall wealth index grade of C, making it somewhat worse than Alaska, and about on par with the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Wrangell, Alaska.
How Rich Is Wrangell, Alaska?
Wrangell has a wealth index grade of C. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a C grade means residents are close to the U.S. average. The median household income is $63,100, about 33% lower than the Alaska average of $93,666.
How has median household income changed in Wrangell, Alaska?
Between 2010 and 2024, the median household income in Wrangell, Alaska rose 25%, from $50,548 to $63,100. Over the same years, income here lagged behind Alaska as a whole: +25% against +40%.
What was the median household income in Wrangell in 2023?
In 2023, the median household income in Wrangell, Alaska was $62,499, up 3% from $60,659 in 2022. The Alaska median that year was $90,366.
What was the median household income in Wrangell in 2020?
In 2020, the median household income in Wrangell, Alaska was $59,156. By 2024 it had risen 7% to $63,100.
How strong is the job market in Wrangell, Alaska?
Unemployment in Wrangell, Alaska is only 4.3%, well below the Alaska rate of 5.5%, a sign of a tight labor market where employers compete for workers.
What is the Gini coefficient in Wrangell, Alaska?
The Gini coefficient in Wrangell is 0.489. 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 Wrangell, Alaska?
Since 2009, the income gap between men and women in Wrangell, Alaska has narrowed from about 24% to 0% in 2024. Over that period the gap was widest at 34% in 2010. In dollar terms, the gap has narrowed by $12,731 since 2009.
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