HomeAlaskaSitka City and Borough
Sitka City and Borough, Alaska: commercial real estate data.
Sitka City and Borough, Alaska had an estimated 8,355 residents on July 1, 2024, down 1.1 percent since the 2020 census base of 8,452, across 2,870 square miles. County output reached $734.7 m in 2024, 405 establishments operate here, and the SBA record carries 14 7(a) approvals worth $14.6 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Sitka City and Borough
How many people live in Sitka City and Borough
- Population, American Community Survey 2020-20248,368
- Households3,440
- Average household size2.43
- Median household income$101,727
- Median age39.7
- Median gross rent$1,341 per month
- Median owner-occupied home value$450,300
- Home value to household income4.4 times
- Annual rent as a share of median income15.8 percent
- Adults 25 and over with a bachelor degree or higher34.3 percent
- Adults 25 and over with a graduate degree13.1 percent
- Adults 25 and over6,125
- Population under 181,604
- Share under 1819.2 percent
- Population 65 and over1,479
- Share 65 and over17.7 percent
- Working age population, 18 to 645,285
- Civilian labor force4,615
- Unemployment rate6.8 percent
- Labor force participation, adults 18 and over68.2 percent
- Rank by population among Alaska boroughs11th of 30
- Rank by population among US county-equivalents, Puerto Rico included2621st of 3,222
Sitka City and Borough is the 11th largest of 30 Alaska boroughs by population. A median home costs 4.4 times median household income, which is seriously unaffordable by national standards. Residents under 18 outnumber those 65 and over, at 19.2 percent against 17.7 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Sitka City and Borough
Is Sitka City and Borough's population growing?
- Population, July 1, 20248,355
- Census 2020 base population8,452
- Population change since the 2020 census base-1.15 percent
- Population change, 2023 to 202451
- Births, 202460
- Deaths, 202482
- Natural change, 2024-22
- Net domestic migration, 202437
- Net international migration, 202437
- Total net migration, 202474
- Cumulative net domestic migration, 2021 to 2024-189
- Rank by growth among US county-equivalents2240th of 3,144
The county has lost 1.15 percent of its population since the 2020 census base. Deaths exceeded births in 2024 and the population still grew, so all of the growth came from people moving in. A market held up by migration is more sensitive to a change in relative cost than one growing from household formation.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Sitka City and Borough
Where are people moving to Sitka City and Borough from?
- Tax returns filed by households arriving252
- People arriving, from those returns410
- Tax returns filed by households leaving305
- Net household movement-53
- Adjusted gross income arriving$15.8 m
- Net adjusted gross income movement$-4.6 m
- Average income of an arriving household$62,849
- Average income of a leaving household$67,059
- Largest single destinationJuneau City and Borough (30 households)
| Origin | Households | People | Adjusted gross income |
|---|
Households arriving report $4,210 less average income than households leaving, which drains spending power even where headcount holds up.
US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Sitka City and Borough
What is the Sitka City and Borough economy?
- County GDP, 2024$734.7 m
- County GDP, 2023$700.1 m
- GDP change, 2023 to 20244.9 percent
- GDP change over five years54.6 percent
- Rank by GDP among the Alaska areas BEA publishes14th of 34
- Rank by GDP among the US county areas BEA publishes2095th of 3,127
- GDP per resident$87,798
Output grew 4.9 percent in the latest year and 54.6 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.
Sitka City and Borough
Employment by industry in Sitka City and Borough
- Covered employment, annual average4,479
- Establishments reporting413
- Average annual pay$61,555
- Average weekly wage$1,184
- Health care and social assistance, employment831
- Health care and social assistance, average annual pay$82,797
- Accommodation and food services, employment562
- Accommodation and food services, average annual pay$37,385
- Retail trade, employment469
- Retail trade, average annual pay$38,100
- Manufacturing, employment445
- Manufacturing, average annual pay$61,109
- Transportation and warehousing, employment395
- Construction, employment194
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Health care and social assistance | 831 | 29 | $82,797 |
| Accommodation and food services | 562 | 50 | $37,385 |
| Retail trade | 469 | 60 | $38,100 |
| Manufacturing | 445 | 15 | $61,109 |
| Transportation and warehousing | 395 | 48 | $67,793 |
| Construction | 194 | 40 | $104,536 |
| Other services, except public administration | 104 | 28 | $38,370 |
| Educational services | 84 | 9 | $37,179 |
Health care and social assistance is the largest private sector at 831 jobs, 18.6 percent of covered employment.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Sitka City and Borough
How many businesses are in Sitka City and Borough?
- Establishments, all industries405
- Employment at those establishments3,174
- Annual payroll$221.0 m
- Establishments per 1,000 residents48.4
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.
Sitka City and Borough
Building permits in Sitka City and Borough
- Housing units authorized by permit, 202411
- Declared construction value permitted$2.4 m
- Single family units authorized11
- Multifamily units authorized0
- Multifamily share of units0.0 percent
- Average declared value per unit$218,007
- Units authorized per 1,000 households3.2
Single-family homes are 100.0 percent of units authorized, so the pipeline is predominantly single-family.
US Census Bureau, Building Permits Survey, 2024 annual.
Sitka City and Borough
SBA loans in Sitka City and Borough (7(a) and 504)
- 7(a) approvals recorded14
- 7(a) gross approval dollars$14.6 m
- Average 7(a) approval$1,043,164
- Median 7(a) approval$542,500
- Largest single approval$5,000,000
- Jobs reported supported, 7(a)533
- Jobs per approval38.1
- Distinct 7(a) lenders active7
- Distinct industries receiving approvals13
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer21.4 percent
- Loans on real estate terms3
- Loans on working capital terms, 120 months or shorter11
- Franchise loans0
- Franchise share of approvals0.0 percent
- Most active lenderAlaska Growth Capital BIDCO, Inc. (4)
- 504 approvals recorded3
- 504 gross approval dollars$2.4 m
- Average 504 approval$803,667
- Median 504 approval$264,000
- Distinct CDCs active1
- 504 jobs per approval2.0
- 504 jobs per million dollars approved2.5
- Most active CDCEvergreen Business Capital (3)
- Combined SBA approval dollars, 7(a) FY2020 to FY2026 and 504 FY2010 to FY2026$17.0 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.
Sitka City and Borough
SBA loan default and charge-off rates in Sitka City and Borough
Do SBA loans in Sitka City and Borough get paid back?
- Loans with a final outcome recorded3
- Paid in full3
- Charged off0
- Status: Cancelled3
- Status: Exempt from disclosure7
- Status: Paid in full3
- Status: Committed, not yet disbursed1
Only 3 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.
Sitka City and Borough
How large is Sitka City and Borough?
- Land area2,870 sq mi
- Rank by land area among Alaska boroughs24th of 30
- Width, east to west65.7 mi
- Height, north to south126.7 mi
- Geographies sharing a boundary1
- Residents per square mile of land3
- Establishments per square mile0.14
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.
Sitka City and Borough
Flood risk in Sitka City and Borough
- Participation of the county's own NFIP community Sitka, city and borough ofParticipating, community 020006
- Communities in the county in the NFIP Community Status Book1
- Of those, participating in the NFIP1
- NFIP participation rate100.0 percent
- Communities carrying a CRS class0
- Radon levels in Sitka City and Borough, EPA zone predicted average indoor radon screening level less than 2 pCi/LZone 3
The county's own community in the status book, the City and Borough of Sitka (community 020006), participates in the National Flood Insurance Program and carries no Community Rating System class, so no CRS premium discount applies there. The EPA places Sitka City and Borough in radon zone 3, a predicted average indoor radon screening level less than 2 pCi/L. The zone is a screening prediction for the county and does not substitute for a test at an address. 100.0 percent of the county's listed communities participate in the National Flood Insurance Program, per Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26. 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 Sitka City and 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 Sitka City and Borough site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population, American Community Survey 2020-20248,368
- Households3,440
- Average household size2.43
- Median household income$101,727
- Median age39.7
Common questions
Sitka City and Borough questions, answered from the record.
How many people live in Sitka City and Borough, Alaska?
The Census Bureau estimates 8,355 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 8,368, in 3,440 households, ranking 11th of 30 Alaska counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Sitka City and Borough's population growing?
The population has fallen 1.15 percent since the 2020 census base of 8,452, to 8,355 on July 1, 2024. In 2024 there were 60 births against 82 deaths, with net migration of 74. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Sitka City and Borough?
$101,727. The median owner-occupied home is valued at $450,300, which is 4.4 times income, and median gross rent is $1,341 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are in Sitka City and Borough?
405 establishments, employing 3,174 people with an annual payroll of $221.0 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 Sitka City and Borough?
Health care and social assistance is the largest private sector at 831 jobs, 18.6 percent of covered employment. Covered employment averages 4,479 jobs at an average annual pay of $61,555, or $1,184 a week. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Sitka City and Borough?
14 7(a) approvals totaling $14.6 m since FY2020, across 7 lenders, with a median approval of $542,500, plus 3 504 approvals worth $2.4 m since FY2010. These are approvals recorded in the release, not loans disbursed.
How many building permits were issued in Sitka City and Borough?
11 housing units were authorized by permit in 2024, with a declared construction value of $2.4 m. Multifamily was 0.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Sitka City and 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.
Are traffic counts available for Sitka City and 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 Sitka City and 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.
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