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HomeAlaskaLake and Peninsula Borough

Lake and Peninsula Borough, Alaska: commercial real estate data.

Lake and Peninsula Borough, Alaska has a population of 1,013 across 23,652 square miles, down 10.9 percent since the 2020 census base. County output reached $141.7 m in 2024, 57 establishments operate here, and the SBA record carries 2 7(a) approvals worth $361,000.

86 sourced county values · tier FULL · 9 sections

Lake and Peninsula Borough

How many people live in Lake and Peninsula Borough

  • Population1,013
  • Households324
  • Average household size3.13
  • Median household income$65,625
  • Median age33.7
  • Median gross rent$936 per month
  • Median owner-occupied home value$237,500
  • Home value to household income3.6 times
  • Annual rent as a share of median income17.1 percent
  • Adults 25 and over with a bachelor degree or higher16.3 percent
  • Adults 25 and over with a graduate degree4.3 percent
  • Adults 25 and over692
  • Population under 18235
  • Share under 1823.2 percent
  • Population 65 and over108
  • Share 65 and over10.7 percent
  • Working age population, 18 to 64670
  • Civilian labor force629
  • Unemployment rate8.6 percent
  • Labor force participation, adults 18 and over80.8 percent
  • Rank by population among Alaska boroughs28th of 30
  • Rank by population among US county-equivalents3186th

Lake and Peninsula Borough is the 28th largest of 30 Alaska boroughs by population. A median home costs 3.6 times median household income, which is an affordable ownership market by national standards. Residents under 18 outnumber those 65 and over, at 23.2 percent against 10.7 percent, a household formation profile rather than a retirement one.

US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.

Lake and Peninsula Borough

Is Lake and Peninsula Borough growing

  • Population change since the 2020 census base-10.91 percent
  • Census 2020 base population1,476
  • Births, 202422
  • Deaths, 202412
  • Natural change, 202410
  • Net domestic migration, 2024-36
  • Net international migration, 20245
  • Total net migration, 2024-31
  • Cumulative net domestic migration, 2021 to 2024-177
  • Rank by growth among US county-equivalents3127th

The county has lost 10.91 percent of its population since the 2020 census base. Births exceeded deaths in 2024 but more people left than arrived, so the population is being sustained internally rather than attracting.

US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.

Lake and Peninsula Borough

Where people moving to Lake and Peninsula Borough come from

  • Tax returns filed by households arriving21
  • People arriving, from those returns29
  • Adjusted gross income arriving$707,000
  • Net adjusted gross income movement$0
  • Average income of an arriving household$33,667
  • Largest single originLake and Peninsula Borough Non-migrants (427 households)
  • Largest single destination (427 households)
Largest origins of households moving into Lake and Peninsula Borough
OriginHouseholdsPeopleAdjusted gross income
Lake and Peninsula Borough Non-migrants427948$27.6 m
Other flows - Same State2129$707,000

The largest single source of arrivals is Lake and Peninsula Borough Non-migrants, 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.

Lake and Peninsula Borough

What the Lake and Peninsula Borough economy runs on

  • County GDP, 2024$141.7 m
  • County GDP, 2023$116.7 m
  • GDP change, 2023 to 202421.4 percent
  • GDP change over five years68.8 percent
  • Rank by GDP among Alaska boroughs27th
  • Rank by GDP among US county-equivalents2997th
  • GDP per resident$139,900

Output grew 21.4 percent in the latest year and 68.8 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.

Lake and Peninsula Borough

Who employs people in Lake and Peninsula Borough

  • Covered employment, annual average867
  • Establishments reporting111
  • Average annual pay$51,234
  • Average weekly wage$985
  • Sector 48-49, employment116
  • Sector 48-49, average annual pay$52,883
Private sector employment and pay, Lake and Peninsula Borough
SectorEmploymentEstablishmentsAverage annual pay
Sector 48-491165$52,883

The largest sector is the biggest private employer group at 116 jobs, 13.4 percent of covered employment. Average pay per job sits below median household income, so households here typically need more than one earner.

US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.

Lake and Peninsula Borough

What businesses operate in Lake and Peninsula Borough

  • Establishments, all industries57
  • Employment at those establishments252
  • Annual payroll$23.4 m
  • Establishments per 1,000 residents56.3

These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against.

US Census Bureau, County Business Patterns, 2023.

Lake and Peninsula Borough

How much SBA lending happens in Lake and Peninsula Borough

  • 7(a) approvals recorded2
  • 7(a) gross approval dollars$361,000
  • Average 7(a) approval$180,500
  • Median 7(a) approval$306,000
  • 10th percentile approval$55,000
  • 90th percentile approval$306,000
  • Largest single approval$306,000
  • Jobs reported supported, 7(a)4
  • Jobs per approval2.0
  • Distinct 7(a) lenders active1
  • Distinct industries receiving approvals1
  • Median 7(a) term120 months
  • Share of loans on real estate terms, 240 months or longer0.0 percent
  • Loans on real estate terms0
  • Loans on working capital terms, 120 months or shorter2
  • Franchise loans0
  • Franchise share of approvals0.0 percent
  • Leading industry by approval countOther Marine Fishing (2)
  • Most active lenderKeyBank National Association (2)

The average approval of $180,500 sits close to the median of $306,000, so lending here is fairly evenly sized rather than driven by a few large deals. Only 0.0 percent of approvals run on real estate terms, so SBA credit here is mostly working capital and equipment rather than property acquisition.

US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.

Lake and Peninsula Borough

Do SBA loans in Lake and Peninsula Borough get paid back

  • Loans with a final outcome recorded0
  • Paid in full0
  • Charged off0
  • Status: Exempt from disclosure2

Too few loans have reached a final outcome to publish a charge off rate. only 0 resolved loans, too few to publish a rate. A rate computed on a handful of loans is noise, so none is shown.

US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.

Lake and Peninsula Borough

How big is Lake and Peninsula Borough

  • Land area23,652 sq mi
  • Rank by land area among Alaska boroughs8th of 30
  • Width, east to west244.5 mi
  • Height, north to south364.3 mi
  • Geographies sharing a boundary6
  • Residents per square mile of land0
  • Establishments per square mile0.00

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.

Coverage

What this page does not hold.

Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.

  • No 504 approvals recorded in this county in the FOIA release covering FY2010 onward.
  • Computed from shared land boundary. Geographies separated by water are not counted, so this understates the true neighbour set in this state.
  • The Building Permits Survey does not carry a 2024 record for this county.
  • No NFIP communities are listed for this county in the FEMA Community Status Book.
  • Flood zone record counts are not held. The flood coverage export has not landed, so no count is shown rather than an estimated one.
  • Traffic counts resolve in the platform, not in this dataset, so no AADT figure is printed here.
  • Zoning is in build. Parcel level zoning is not published on this page.

Feasibility studies

When a Lake and Peninsula 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 Lake and Peninsula Borough site starts with the figures you are reading, carrying the same source and period into the credit file.

  • Population1,013
  • Households324
  • Average household size3.13
  • Median household income$65,625
  • Median age33.7

How a feasibility study works →

Common questions

Lake and Peninsula Borough questions, answered from the record.

How many people live in Lake and Peninsula Borough, Alaska?

1,013, in 324 households, ranking 28th of 30 Alaska counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.

Is Lake and Peninsula Borough growing?

The population has fallen 10.91 percent since the 2020 census base. In 2024 there were 22 births against 12 deaths, with net migration of -31. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.

What is the median household income in Lake and Peninsula Borough?

$65,625. The median owner-occupied home is valued at $237,500, which is 3.6 times income, and median gross rent is $936 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.

How many businesses are there in Lake and Peninsula Borough?

57 establishments, employing 252 people with an annual payroll of $23.4 m. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.

What is the average wage in Lake and Peninsula Borough?

Average annual pay is $51,234, or $985 a week, across 867 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.

How much SBA lending happens in Lake and Peninsula Borough?

2 7(a) approvals totalling $361,000 since FY2020, across 1 lenders, with a median approval of $306,000. These are approvals recorded in the release, not loans disbursed.

What is the radon zone for Lake and Peninsula 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 Lake and Peninsula Borough come from?

The largest single origin is Lake and Peninsula Borough Non-migrants, with 427 households. Arriving households report an average income of $33,667 against null for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.

Are traffic counts available for Lake and Peninsula 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 Lake and Peninsula Borough?

Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame with confirm locally attached.

Nearby

Sharing a boundary with Lake and Peninsula.

All Alaska county pages →

How this page was built →