Lake and Peninsula Borough, Alaska

Income Data

-19% vs. Alaska average
$64,000
Median Household Income
$45,228
Per Capita Income

At a Glance

Median Household Income
$64,000
-19% vs. state avg
Per Capita Income
$45,228
+15% vs. national
Income-to-Housing Ratio
38.5%
income as % of home value
Rank in Alaska
#26 / 30
by median household income

How Lake and Peninsula Borough Compares

Lake and Peninsula Borough$64,000
Alaska Average$79,407
National Median$74,755

Detailed Income Statistics

$64,000
Median Household Income
$45,228
Per Capita Income
$166,100
Median Home Value
38.5%
Income-to-Housing Ratio

Data Story

About Household Income in Lake and Peninsula Borough, Alaska

Lake and Peninsula slightly below national median

Lake and Peninsula's median household income of $64,000 lags 14% behind the U.S. median of $74,755, yet remains solidly in the working-class range. The per capita income of $45,228 exceeds Alaska's state average of $42,832, suggesting relatively balanced earning distribution.

Middle-ranking income county statewide

Lake and Peninsula ranks in the middle of Alaska counties with a median income of $64,000, about 19% below the state average of $79,407. This positions the borough as closer to Kusilvak's lower end than to the state's highest-income regions.

Moderate income in remote region

Lake and Peninsula's $64,000 income falls between Prince of Wales-Hyder ($59,079) and Nome Census Area ($76,643), reflecting similar economic conditions in rural southeastern and western Alaska. The per capita income of $45,228 is notably higher than most neighboring counties, indicating strong individual earners.

Rent-to-income ratio favorable

At 17.5%, Lake and Peninsula's rent-to-income ratio is well within the sustainable 30% threshold, meaning housing costs consume a manageable portion of household income. The median home value of $166,100 is moderate relative to earnings, supporting reasonable homeownership accessibility.

Strengthen savings with modest income

Household incomes here support solid financial planning—aim to allocate at least 10-15% of earnings toward retirement and savings accounts. Explore high-yield savings options and low-cost index funds to maximize returns on consistent contributions over time.

Frequently Asked Questions

What is the median household income in Lake and Peninsula Borough, Alaska?
The median household income in Lake and Peninsula Borough, Alaska is $64,000, 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 Lake and Peninsula Borough?
The per capita income in Lake and Peninsula Borough is $45,228, 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 $64,000.
How does Lake and Peninsula Borough compare to the Alaska average?
Lake and Peninsula Borough's median household income of $64,000 is lower than the Alaska state average of $79,407. The per capita income is $45,228, compared to the state average of $42,832.
What is the per capita income in Lake and Peninsula Borough, Alaska?
The per capita income in Lake and Peninsula Borough, Alaska is $45,228, 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 Lake and Peninsula Borough a low-income area in Alaska?
Lake and Peninsula Borough's median household income of $64,000 is below the Alaska average of $79,407. The per capita income of $45,228 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 Lake and Peninsula Borough rank for income in Alaska?
Lake and Peninsula Borough ranks #26 out of 30 counties in Alaska by median household income (1 = highest). With a median household income of $64,000 and per capita income of $45,228, it falls in the bottom third of counties statewide.

Income Comparison Calculator

See how your household income compares in Lake and Peninsula Borough

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1.00x

Your income is above the Lake and Peninsula Borough median

County median: $64,000 per year

vs. County Median

+0%

vs. State Average

-19%

vs. National Median

-14%

vs. Lake and Peninsula Borough MedianAbout equal
vs. Alaska Average19% below
vs. National Median14% below

Income Adequacy

Monthly income covers median rent5.7x

Your monthly income ($5,333) vs. median rent ($933/mo). A ratio of 3.3x or higher means rent is under 30% of income.

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