Kenai
Peninsula Borough BEARFACTS 1995 – 2005
Source |
| Kenai
Peninsula Borough is one of 27 counties
in Alaska. It is
not part of a Metropolitan Area. Its 2005 population
of 51,766 ranked 4th in the state. |
| PER
CAPITA PERSONAL INCOME |
| In
2005 Kenai Peninsula Borough had a per capita personal income (PCPI)
of $30,795. This PCPI ranked 16th in the state and was 87 percent of
the state average, $35,564, and 89 percent of the national average,
$34,471. The 2005 PCPI reflected an increase of 4.8 percent from 2004.
The 2004-2005 state change was 4.9 percent and the national change was
4.2 percent. In 1995 the PCPI of Kenai Peninsula Borough was $23,857
and ranked 11th in the state. The 1995-2005 average annual growth rate
of PCPI was 2.6 percent. The average annual growth rate for the state
was 3.4 percent and for the nation was 4.1 percent. |
| TOTAL
PERSONAL INCOME |
| In
2005 Kenai Peninsula Borough had a total personal income (TPI) of
$1,594,109*. This TPI ranked 4th in the state and accounted for 6.8
percent of the state total. In 1995 the TPI of Kenai Peninsula Borough
was $1,114,581* and ranked 3rd in the state. The 2005 TPI reflected an
increase of 5.3 percent from 2004. The 2004-2005 state change was 6.0
percent and the national change was 5.2 percent. The 1995-2005 average
annual growth rate of TPI was 3.6 percent. The average annual growth
rate for the state was 4.3 percent and for the nation was 5.2 percent. |
| COMPONENTS
OF TOTAL PERSONAL INCOME |
| Total
personal income includes net earnings
by place of residence; dividends, interest,
and rent; and personal
current transfer receipts received by the
residents of Kenai Peninsula Borough. In 2005 net earnings accounted
for 64.5 percent of TPI (compared with 67.9 in 1995); dividends,
interest, and rent were 16.9 percent (compared with 17.9 in 1995); and
personal current transfer receipts were 18.5 percent (compared with
14.3 in 1995). From 2004 to 2005 net earnings increased 4.9 percent;
dividends, interest, and rent increased 3.6 percent; and personal
current transfer receipts increased 8.4 percent. From 1995 to 2005 net
earnings increased on average 3.1 percent each year; dividends,
interest, and rent increased on average 3.1 percent; and personal
current transfer receipts increased on average 6.4 percent. |
| EARNINGS
BY PLACE OF WORK |
| Earnings
of persons employed in Kenai Peninsula Borough increased from
$989,812* in 2004 to $1,035,472* in 2005, an increase of 4.6 percent.
The 2004-2005 state change was 6.2 percent and the national change was
5.6 percent. The average annual growth rate from the 1995 estimate of
$761,838* to the 2005 estimate was 3.1 percent. The average annual
growth rate for the state was 4.5 percent and for the nation was 5.5
percent. |
| *Note:
All income estimates with the exception of PCPI are in thousands of
dollars, not adjusted for inflation. |
|