Kenai Peninsula Borough, Alaska

Income Data

-2% vs. Alaska average
$77,722
Median Household Income
$42,899
Per Capita Income

At a Glance

Median Household Income
$77,722
-2% vs. state avg
Per Capita Income
$42,899
+9% vs. national
Income-to-Housing Ratio
26.1%
income as % of home value
Rank in Alaska
#16 / 30
by median household income

How Kenai Peninsula Borough Compares

Kenai Peninsula Borough$77,722
Alaska Average$79,407
National Median$74,755

Detailed Income Statistics

$77,722
Median Household Income
$42,899
Per Capita Income
$297,500
Median Home Value
26.1%
Income-to-Housing Ratio

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

What is the median household income in Kenai Peninsula Borough, Alaska?
The median household income in Kenai Peninsula Borough, Alaska is $77,722, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. This represents the midpoint of all household incomes in the county.
How much do people earn in Kenai Peninsula Borough?
The per capita income in Kenai Peninsula Borough is $42,899, which represents the average income per person across the entire county population. The median household income — which accounts for all earners in a household — is $77,722.
How does Kenai Peninsula Borough compare to the Alaska average?
Kenai Peninsula Borough's median household income of $77,722 is lower than the Alaska state average of $79,407. The per capita income is $42,899, compared to the state average of $42,832.
What is the per capita income in Kenai Peninsula Borough, Alaska?
The per capita income in Kenai Peninsula Borough, Alaska is $42,899, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. Per capita income is calculated by dividing total personal income by total population, providing an average income figure per resident.
Is Kenai Peninsula Borough a low-income area in Alaska?
Kenai Peninsula Borough's median household income of $77,722 is below the Alaska average of $79,407. The per capita income of $42,899 is also comparable to the state average of $42,832. Lower incomes can reflect the local economic base, rural vs. urban location, and employment opportunities available in the area.
How does Kenai Peninsula Borough rank for income in Alaska?
Kenai Peninsula Borough ranks #16 out of 30 counties in Alaska by median household income (1 = highest). With a median household income of $77,722 and per capita income of $42,899, it falls in the middle third of counties statewide.

Income Comparison Calculator

See how your household income compares in Kenai Peninsula Borough

$
1.00x

Your income is above the Kenai Peninsula Borough median

County median: $77,722 per year

vs. County Median

+0%

vs. State Average

-2%

vs. National Median

+4%

vs. Kenai Peninsula Borough MedianAbout equal
vs. Alaska Average2% below
vs. National Median4% above

Income Adequacy

Monthly income covers median rent5.6x

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.

Sponsored

Grow Your Wealth

See how your income stacks up in Kenai Peninsula Borough, Alaska? Start investing smarter with a robo-advisor that builds a diversified portfolio for you.

Start Investing

Counties with Similar Income Levels

Sponsored

Compare Financial Products in Alaska

Compare savings accounts, CDs, and money market rates from top banks to make the most of your earnings.

Compare Rates

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.