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#49

Alaska

β€œThe Last Frontier”

Admitted: January 3, 1959
Capital: Juneau
0.7M people
$63.4B GDP

What Makes Alaska Beautiful

Alaska is a land of staggering extremes: towering glaciers calve into sapphire fjords, Denali rises over 20,000 feet into endless sky, and the northern lights dance across Arctic horizons. Its vast wilderness shelters grizzlies, wolves, and migrating whales in an ecosystem virtually untouched by human hands.

DenaliGlacier BayNorthern LightsKenai FjordsInside Passage

Key Metrics

0.7M

Population

$63.4B

GDP

+1.5%

GDP Growth (5yr)

$77.8K

Median Income

5.2%

Tax Burden

History

1867

United States purchases Alaska from Russia for $7.2 million

1898

Klondike Gold Rush brings thousands of prospectors

1959

Admitted as the 49th state

1964

Great Alaska Earthquake, magnitude 9.2, devastates Anchorage

1977

Trans-Alaska Pipeline completed, transforming state economy

1989

Exxon Valdez oil spill in Prince William Sound

Top Cities

#1

Anchorage

288K

Largest city; gateway to Alaskan wilderness

#2

Juneau

32K

State capital; accessible only by air or sea

#3

Fairbanks

31K

Interior hub; prime northern lights viewing

#4

Wasilla

13K

Mat-Su Valley; fastest growing area

#5

Sitka

9K

Former Russian capital of Alaska

Economy & Industry

Core Industries

Oil & GasFishingTourismMiningFederal GovernmentTimber

Natural Resources

PetroleumZincGoldSilver

Energy Portfolio

Natural Gas
47%
Hydro
24%
Other Renew.
15%

Budget & Fiscal Health

$14.2B

State Budget

$11.8B

State Revenue

$-2.4B

Fiscal Balance

Social Indicators

10.2%

Poverty Rate

30.1%

College Degree

12.2%

Uninsured

838/100K

Crime Rate

Where is Alaska Headed?

GDP Projections ($B)

Scenario1yr5yr10yr25yr50yr
Optimistic$64B$65B$66B$70B$77B
Baseline$64B$64B$65B$68B$74B
Pessimistic$64B$64B$65B$66B$69B

Political Landscape

D
R

R+9

Data timestamp: 2025-Q1 Β· Sources: U.S. Census Bureau, BEA, EIA, FBI UCR