HomeAlaskaKodiak Island Borough
Kodiak Island Borough, Alaska: commercial real estate data.
Kodiak Island Borough, Alaska had an estimated 12,654 residents on July 1, 2024, down 3.4 percent since the 2020 census base of 13,097, across 6,550 square miles. County output reached $989.1 m in 2024, 450 establishments operate here, and the SBA record carries 16 7(a) approvals worth $9.2 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Kodiak Island Borough
How many people live in Kodiak Island Borough
- Population, American Community Survey 2020-202412,771
- Households4,640
- Average household size2.75
- Median household income$86,250
- Median age35.1
- Median gross rent$1,765 per month
- Median owner-occupied home value$412,300
- Home value to household income4.8 times
- Annual rent as a share of median income24.6 percent
- Adults 25 and over with a bachelor degree or higher28.7 percent
- Adults 25 and over with a graduate degree9.1 percent
- Adults 25 and over8,425
- Population under 183,024
- Share under 1823.7 percent
- Population 65 and over1,777
- Share 65 and over13.9 percent
- Working age population, 18 to 647,970
- Civilian labor force6,263
- Unemployment rate5.0 percent
- Labor force participation, adults 18 and over64.3 percent
- Rank by population among Alaska boroughs8th of 30
- Rank by population among US county-equivalents, Puerto Rico included2301st of 3,222
Kodiak Island Borough is the 8th largest of 30 Alaska boroughs by population. A median home costs 4.8 times median household income, which is seriously unaffordable by national standards. Residents under 18 outnumber those 65 and over, at 23.7 percent against 13.9 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Kodiak Island Borough
Is Kodiak Island Borough's population growing?
- Population, July 1, 202412,654
- Census 2020 base population13,097
- Population change since the 2020 census base-3.38 percent
- Population change, 2023 to 2024-5
- Births, 2024152
- Deaths, 202477
- Natural change, 202475
- Net domestic migration, 2024-266
- Net international migration, 2024185
- Total net migration, 2024-81
- Cumulative net domestic migration, 2021 to 2024-1,229
- Rank by growth among US county-equivalents2801st of 3,144
The county has lost 3.38 percent of its population since the 2020 census base. More people left than moved in during 2024 and births over deaths did not make up the difference, so the population fell.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Kodiak Island Borough
Where are people moving to Kodiak Island Borough from?
- Tax returns filed by households arriving426
- People arriving, from those returns866
- Tax returns filed by households leaving564
- Net household movement-138
- Adjusted gross income arriving$27.7 m
- Net adjusted gross income movement$-10.4 m
- Average income of an arriving household$65,056
- Average income of a leaving household$67,582
- Largest single originAnchorage Municipality (29 households)
- Largest single destinationAnchorage Municipality (64 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Anchorage Municipality | 29 | 39 | $1.6 m |
Households arriving report $2,526 less average income than households leaving, which drains spending power even where headcount holds up. The largest single source of arrivals is Anchorage Municipality, which is the catchment a retail or multifamily study should look at first.
US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Kodiak Island Borough
What is the Kodiak Island Borough economy?
- County GDP, 2024$989.1 m
- County GDP, 2023$1.00 bn
- GDP change, 2023 to 2024-1.4 percent
- GDP change over five years19.7 percent
- Rank by GDP among the Alaska areas BEA publishes11th of 34
- Rank by GDP among the US county areas BEA publishes1857th of 3,127
- GDP per resident$77,450
Output grew -1.4 percent in the latest year and 19.7 percent over five, which is the trend line a lender will read behind any single year figure.
US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024.
Kodiak Island Borough
Employment by industry in Kodiak Island Borough
- Covered employment, annual average5,539
- Establishments reporting475
- Average annual pay$60,845
- Average weekly wage$1,170
- Manufacturing, employment1,093
- Manufacturing, average annual pay$59,364
- Health care and social assistance, employment827
- Health care and social assistance, average annual pay$70,781
- Retail trade, employment490
- Retail trade, average annual pay$36,050
- Accommodation and food services, employment412
- Accommodation and food services, average annual pay$33,448
- Transportation and warehousing, employment281
- Construction, employment185
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Manufacturing | 1,093 | 24 | $59,364 |
| Health care and social assistance | 827 | 43 | $70,781 |
| Retail trade | 490 | 34 | $36,050 |
| Accommodation and food services | 412 | 42 | $33,448 |
| Transportation and warehousing | 281 | 47 | $60,731 |
| Construction | 185 | 43 | $88,430 |
| Administrative and support and waste management services | 137 | 24 | $61,607 |
| Other services, except public administration | 136 | 39 | $37,422 |
Manufacturing is the largest private sector at 1,093 jobs, 19.7 percent of covered employment.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Kodiak Island Borough
How many businesses are in Kodiak Island Borough?
- Establishments, all industries450
- Employment at those establishments4,489
- Annual payroll$259.9 m
- Establishments per 1,000 residents35.2
These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against. County Business Patterns counts private establishments with paid employees in March 2023, while the Quarterly Census of Employment and Wages above counts every unemployment-insured employer, public ones included, as a 2024 annual average, so the two establishment and employment counts differ.
US Census Bureau, County Business Patterns, 2023.
Kodiak Island Borough
Building permits in Kodiak Island Borough
- Housing units authorized by permit, 202419
- Declared construction value permitted$5.7 m
- Single family units authorized11
- Multifamily units authorized8
- Multifamily share of units42.1 percent
- Average declared value per unit$299,295
- Units authorized per 1,000 households4.1
Multifamily is 42.1 percent of units authorized, so the pipeline is being built for renters rather than buyers.
US Census Bureau, Building Permits Survey, 2024 annual.
Kodiak Island Borough
SBA loans in Kodiak Island Borough (7(a) and 504)
- 7(a) approvals recorded16
- 7(a) gross approval dollars$9.2 m
- Average 7(a) approval$576,000
- Median 7(a) approval$183,000
- Largest single approval$3,100,000
- Jobs reported supported, 7(a)254
- Jobs per approval15.9
- Distinct 7(a) lenders active9
- Distinct industries receiving approvals13
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer12.5 percent
- Loans on real estate terms2
- Loans on working capital terms, 120 months or shorter13
- Franchise loans0
- Franchise share of approvals0.0 percent
- Most active lenderKeyBank National Association (5)
- 504 approvals recorded4
- 504 gross approval dollars$826,000
- Average 504 approval$206,500
- Median 504 approval$196,000
- Distinct CDCs active1
- 504 jobs per approval1.5
- 504 jobs per million dollars approved7.3
- Most active CDCEvergreen Business Capital (4)
- Combined SBA approval dollars, 7(a) FY2020 to FY2026 and 504 FY2010 to FY2026$10.0 m
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30. US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Kodiak Island Borough
SBA loan default and charge-off rates in Kodiak Island Borough
Do SBA loans in Kodiak Island Borough get paid back?
- Loans with a final outcome recorded2
- Paid in full2
- Charged off0
- Status: Cancelled2
- Status: Paid in full2
- Status: Exempt from disclosure11
- Status: Committed, not yet disbursed1
Only 2 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
Compare against the national and state SBA charge-off rates, computed the same way over resolved loans only.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Kodiak Island Borough
How large is Kodiak Island Borough?
- Land area6,550 sq mi
- Rank by land area among Alaska boroughs19th of 30
- Width, east to west177.3 mi
- Height, north to south213.8 mi
- Geographies sharing a boundary2
- Residents per square mile of land2
- Establishments per square mile0.07
- Radon levels in Kodiak Island Borough, EPA zone predicted average indoor radon screening level less than 2 pCi/LZone 3
US Census Bureau county boundary geometry, TIGER, adjacency computed from shared boundary vertices, TIGER county boundaries. US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year. US Census Bureau, County Business Patterns, 2023. US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Coverage
What this page does not hold.
Traffic counts, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Feasibility studies
When a Kodiak Island Borough site needs a document a lender will accept.
The same data layer behind this page is the one the studies are written from. A study for a Kodiak Island Borough site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population, American Community Survey 2020-202412,771
- Households4,640
- Average household size2.75
- Median household income$86,250
- Median age35.1
Common questions
Kodiak Island Borough questions, answered from the record.
How many people live in Kodiak Island Borough, Alaska?
The Census Bureau estimates 12,654 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 12,771, in 4,640 households, ranking 8th of 30 Alaska counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Kodiak Island Borough's population growing?
The population has fallen 3.38 percent since the 2020 census base of 13,097, to 12,654 on July 1, 2024. In 2024 there were 152 births against 77 deaths, with net migration of -81. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Kodiak Island Borough?
$86,250. The median owner-occupied home is valued at $412,300, which is 4.8 times income, and median gross rent is $1,765 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are in Kodiak Island Borough?
450 establishments, employing 4,489 people with an annual payroll of $259.9 m. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is employment by industry in Kodiak Island Borough?
Manufacturing is the largest private sector at 1,093 jobs, 19.7 percent of covered employment. Covered employment averages 5,539 jobs at an average annual pay of $60,845, or $1,170 a week. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Kodiak Island Borough?
16 7(a) approvals totaling $9.2 m since FY2020, across 9 lenders, with a median approval of $183,000, plus 4 504 approvals worth $826,000 since FY2010. These are approvals recorded in the release, not loans disbursed.
How many building permits were issued in Kodiak Island Borough?
19 housing units were authorized by permit in 2024, with a declared construction value of $5.7 m. Multifamily was 42.1 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Kodiak Island Borough?
Zone 3, a predicted average indoor radon screening level less than 2 pCi/L. Source: US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Where do people moving to Kodiak Island Borough come from?
The largest single origin is Anchorage Municipality, with 29 households. Arriving households report an average income of $65,056 against $67,582 for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Kodiak Island Borough on this page?
No. Annual average daily traffic resolves in the platform rather than in this dataset, so no AADT figure is printed here. It is a gap we know about rather than a figure we estimated.
Is zoning published for Kodiak Island Borough?
No. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame, to be confirmed locally.
Kodiak Island Borough
Cities and places in Kodiak Island.
12 Census places lie wholly or partly in Kodiak Island Borough. All 12 carry enough published place level data for a page of their own and are linked.
| Place | Type | Population | SBA 7(a) approvals, projects in this county | Lies in |
|---|---|---|---|---|
| Kodiak | city | 5,447 | 16 | Wholly in this county |
| Mill Bay | CDP | 3,654 | None recorded | Wholly in this county |
| Kodiak Station | CDP | 1,823 | None recorded | Wholly in this county |
| Womens Bay | CDP | 788 | None recorded | Wholly in this county |
| Old Harbor | city | 162 | None recorded | Wholly in this county |
| Akhiok | city | 160 | None recorded | Wholly in this county |
| Port Lions | city | 150 | None recorded | Wholly in this county |
| Larsen Bay | city | 145 | None recorded | Wholly in this county |
| Ouzinkie | city | 86 | None recorded | Wholly in this county |
| Karluk | CDP | 33 | None recorded | Wholly in this county |
| Aleneva | CDP | 0 | None recorded | Wholly in this county |
| Chiniak | CDP | 0 | None recorded | Wholly in this county |
Nearby