Skagway Municipality, Alaska
Income Data
U.S. Census Bureau ACSAt a Glance
Economic Indicators
How Skagway Municipality Compares
Detailed Income Statistics
Income Advisory: Skagway Municipality
Income Verdict
Skagway Municipality has a median household income of $78,594 and per capita income of $53,798 — a gap of $24,796, suggesting a higher share of single-earner or non-family households.
Housing Affordability
With median gross rent at $1,228/month and a median household income of $78,594, rent consumes approximately 18.7% of monthly income — well within affordable thresholds.
Economic Context
A median household income of $78,594 suggests moderate-to-strong purchasing power, generally sufficient to cover essentials with room for discretionary spending in most markets. Per capita income of $53,798 reflects a relatively affluent population with substantial individual earning capacity.
Neighbor Context
Skagway Municipality earns approximately 1% below the Alaska state median household income of $79,407.
Data Story
About Household Income in Skagway Municipality, Alaska
Skagway beats the national income bar
Skagway's median household income of $78,594 tops the U.S. median of $74,755 by about 5%, showing solid earning power for this small Southeast Alaska gateway. Per capita income of $53,798 is significantly above the national typical, reflecting robust individual earnings.
Second-tier earner in Alaska
Skagway's median household income of $78,594 sits just below Alaska's state average of $79,407, placing it firmly in the middle ranks statewide. Per capita income of $53,798 substantially exceeds the state average of $42,832, showing strong individual earnings.
Outpaces smaller Southeast Alaska peers
Skagway's $78,594 median income exceeds Wrangell ($64,545) and Southeast Fairbanks ($74,223), reflecting its seasonal tourism economy and service-sector employment. Its per capita income of $53,798 is notably higher than most regional neighbors.
Housing costs remain manageable
Skagway residents dedicate 18.8% of household income to rent—comfortably below the 30% affordability threshold—leaving room for savings and other expenses. The median home value of $430,000 is elevated but remains within reach for dual-income households earning near the median.
Season your income with savings
As a tourism-dependent community, Skagway households often experience seasonal income swings. Build a robust emergency fund and consider automatic contributions to retirement accounts to smooth earnings volatility and secure long-term financial health.
Frequently Asked Questions
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Income Comparison Calculator
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County median: $78,594 per year
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Income Adequacy
Your monthly income ($6,550) vs. median rent ($1,228/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.