Kenai Peninsula Borough, Alaska
Income Data
U.S. Census Bureau ACSAt a Glance
Economic Indicators
How Kenai Peninsula Borough Compares
Detailed Income Statistics
Income Advisory: Kenai Peninsula Borough
Income Verdict
Kenai Peninsula Borough has a median household income of $77,722 and per capita income of $42,899 — a gap of $34,823, suggesting a typical mix of dual-income and single-earner households.
Housing Affordability
With median gross rent at $1,163/month and a median household income of $77,722, rent consumes approximately 18.0% of monthly income — well within affordable thresholds.
Economic Context
A median household income of $77,722 suggests moderate-to-strong purchasing power, generally sufficient to cover essentials with room for discretionary spending in most markets. Per capita income of $42,899 is in line with national norms for individual earners.
Neighbor Context
Kenai Peninsula Borough earns approximately 2.1% below the Alaska state median household income of $79,407.
Data Story
About Household Income in Kenai Peninsula Borough, Alaska
Kenai outearns the U.S. average modestly
Kenai Peninsula Borough's median household income of $77,722 exceeds the U.S. median by $2,967, placing it slightly above the national norm. This advantage reflects Alaska's oil-related employment base, which adds economic stability beyond what most American regions enjoy.
Above average for Alaska
Kenai Peninsula ranks third among Alaska's eight regions in median household income, earning 2.1% below the state average of $79,407. Its per capita income of $42,899 closely matches Alaska's statewide average of $42,832, indicating balanced earning distribution across the population.
Solidly middle of Alaska's pack
Kenai's $77,722 income sits between Dillingham Census Area ($74,250) and Fairbanks North Star Borough ($84,722), reflecting its stable fishing, tourism, and oil-support economy. It outpaces Haines Borough ($72,607) and Hoonah-Angoon ($62,500) while trailing Juneau, Ketchikan, and Kodiak.
Housing costs well within range
Kenai's rent-to-income ratio of 18.0% sits comfortably below the 30% affordability threshold, and median home values of $297,500 remain manageable for typical households. This balance gives Kenai Peninsula residents flexibility in housing choices and room to save beyond shelter costs.
Build stable wealth through consistent saving
Kenai's stable income and affordable housing create an ideal environment for systematic wealth building through automatic retirement contributions and savings accounts. Consult a financial advisor to develop an investment strategy that leverages your region's above-average income and cost stability.
Frequently Asked Questions
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Income Comparison Calculator
See how your household income compares in Kenai Peninsula Borough
Your income is above the Kenai Peninsula Borough median
County median: $77,722 per year
vs. County Median
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vs. State Average
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vs. National Median
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Income Adequacy
Your monthly income ($6,477) vs. median rent ($1,163/mo). A ratio of 3.3x or higher means rent is under 30% of income.
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Compare RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.