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HomeAlaskaSkagway Municipality

Skagway Municipality, Alaska: commercial real estate data.

Skagway Municipality, Alaska has a population of 1,244 across 452 square miles, down 9.9 percent since the 2020 census base. County output reached $128.3 m in 2024, 112 establishments operate here, and the SBA record carries 8 7(a) approvals worth $3.8 m.

100 sourced county values · tier FULL · 10 sections

Skagway Municipality

How many people live in Skagway Municipality

  • Population1,244
  • Households450
  • Average household size2.76
  • Median household income$81,136
  • Median age41.2
  • Median gross rent$1,280 per month
  • Median owner-occupied home value$435,400
  • Home value to household income5.4 times
  • Annual rent as a share of median income18.9 percent
  • Adults 25 and over with a bachelor degree or higher28.5 percent
  • Adults 25 and over with a graduate degree6.8 percent
  • Adults 25 and over968
  • Population under 18205
  • Share under 1816.5 percent
  • Population 65 and over227
  • Share 65 and over18.2 percent
  • Working age population, 18 to 64812
  • Civilian labor force777
  • Unemployment rate9.1 percent
  • Labor force participation, adults 18 and over74.8 percent
  • Rank by population among Alaska municipalities27th of 30
  • Rank by population among US county-equivalents3174th

Skagway Municipality is the 27th largest of 30 Alaska municipalities by population. A median home costs 5.4 times median household income, which is a stretched ownership market and usually shows up as rental demand. Residents 65 and over outnumber those under 18, at 18.2 percent against 16.5 percent, which points demand at health care, services and single storey product rather than schools.

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

Skagway Municipality

Is Skagway Municipality growing

  • Population change since the 2020 census base-9.90 percent
  • Census 2020 base population1,242
  • Births, 20248
  • Deaths, 20246
  • Natural change, 20242
  • Net domestic migration, 20244
  • Net international migration, 202410
  • Total net migration, 202414
  • Cumulative net domestic migration, 2021 to 2024-151
  • Rank by growth among US county-equivalents3120th

The county has lost 9.90 percent of its population since the 2020 census base. Migration contributed more to 2024 change than births over deaths, so demand here follows people arriving rather than families forming.

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

Skagway Municipality

Where people moving to Skagway Municipality come from

  • Tax returns filed by households arriving25
  • People arriving, from those returns38
  • Adjusted gross income arriving$1.4 m
  • Net adjusted gross income movement$0
  • Average income of an arriving household$56,280
  • Largest single originSkagway Municipality Non-migrants (472 households)
  • Largest single destination (472 households)
Largest origins of households moving into Skagway Municipality
OriginHouseholdsPeopleAdjusted gross income
Skagway Municipality Non-migrants472835$32.8 m
Other flows - Different State2538$1.4 m
Other flows - West2538$1.4 m

The largest single source of arrivals is Skagway Municipality 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.

Skagway Municipality

What the Skagway Municipality economy runs on

  • County GDP, 2024$128.3 m
  • County GDP, 2023$117.2 m
  • GDP change, 2023 to 20249.5 percent
  • GDP change over five years93.4 percent
  • Rank by GDP among Alaska municipalities28th
  • Rank by GDP among US county-equivalents3018th
  • GDP per resident$103,161

Output grew 9.5 percent in the latest year and 93.4 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.

Skagway Municipality

Who employs people in Skagway Municipality

  • Covered employment, annual average915
  • Establishments reporting113
  • Average annual pay$58,010
  • Average weekly wage$1,116
  • Sector 44-45, employment192
  • Sector 44-45, average annual pay$47,898
  • Sector 72, employment152
  • Sector 72, average annual pay$48,190
  • Sector 71, employment114
  • Sector 71, average annual pay$58,862
  • Sector 81, employment20
  • Sector 81, average annual pay$26,868
Private sector employment and pay, Skagway Municipality
SectorEmploymentEstablishmentsAverage annual pay
Sector 44-4519239$47,898
Sector 7215218$48,190
Sector 711148$58,862
Sector 81203$26,868

The largest sector is the biggest private employer group at 192 jobs, 21.0 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.

Skagway Municipality

What businesses operate in Skagway Municipality

  • Establishments, all industries112
  • Employment at those establishments441
  • Annual payroll$38.7 m
  • Establishments per 1,000 residents90.0

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.

Skagway Municipality

What is being built in Skagway Municipality

  • Housing units authorised by permit, 20249
  • Declared construction value permitted$2.0 m
  • Single family units authorised4
  • Multifamily units authorised5
  • Multifamily share of units55.6 percent
  • Average declared value per unit$225,444
  • Units authorised per 1,000 households20.0

Multifamily is 55.6 percent of units authorised, so the pipeline is being built for renters rather than buyers.

US Census Bureau, Building Permits Survey, 2024 annual.

Skagway Municipality

How much SBA lending happens in Skagway Municipality

  • 7(a) approvals recorded8
  • 7(a) gross approval dollars$3.8 m
  • Average 7(a) approval$470,625
  • Median 7(a) approval$455,000
  • 10th percentile approval$5,000
  • 90th percentile approval$1,250,000
  • Largest single approval$1,250,000
  • Jobs reported supported, 7(a)169
  • Jobs per approval21.1
  • Distinct 7(a) lenders active4
  • Distinct industries receiving approvals6
  • Median 7(a) term120 months
  • Share of loans on real estate terms, 240 months or longer12.5 percent
  • Loans on real estate terms1
  • Loans on working capital terms, 120 months or shorter6
  • Franchise loans0
  • Franchise share of approvals0.0 percent
  • Leading industry by approval countScenic and Sightseeing Transportation, Water (2)
  • Most active lenderAlaska Growth Capital BIDCO, Inc. (3)

The average approval of $470,625 sits close to the median of $455,000, so lending here is fairly evenly sized rather than driven by a few large deals. Only 12.5 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.

Skagway Municipality

Do SBA loans in Skagway Municipality get paid back

  • Loans with a final outcome recorded3
  • Paid in full3
  • Charged off0
  • Status: Exempt from disclosure5
  • Status: Paid in full3

Too few loans have reached a final outcome to publish a charge off rate. only 3 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.

Skagway Municipality

How big is Skagway Municipality

  • Land area452 sq mi
  • Rank by land area among Alaska municipalities30th of 30
  • Width, east to west25.2 mi
  • Height, north to south31.7 mi
  • Geographies sharing a boundary1
  • Residents per square mile of land3
  • Establishments per square mile0.25

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.
  • 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 Skagway Municipality 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 Skagway Municipality site starts with the figures you are reading, carrying the same source and period into the credit file.

  • Population1,244
  • Households450
  • Average household size2.76
  • Median household income$81,136
  • Median age41.2

How a feasibility study works →

Common questions

Skagway Municipality questions, answered from the record.

How many people live in Skagway Municipality, Alaska?

1,244, in 450 households, ranking 27th of 30 Alaska counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.

Is Skagway Municipality growing?

The population has fallen 9.90 percent since the 2020 census base. In 2024 there were 8 births against 6 deaths, with net migration of 14. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.

What is the median household income in Skagway Municipality?

$81,136. The median owner-occupied home is valued at $435,400, which is 5.4 times income, and median gross rent is $1,280 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.

How many businesses are there in Skagway Municipality?

112 establishments, employing 441 people with an annual payroll of $38.7 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 Skagway Municipality?

Average annual pay is $58,010, or $1,116 a week, across 915 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.

How much SBA lending happens in Skagway Municipality?

8 7(a) approvals totalling $3.8 m since FY2020, across 4 lenders, with a median approval of $455,000. These are approvals recorded in the release, not loans disbursed.

What is being built in Skagway Municipality?

9 housing units were authorised by permit in 2024, with a declared construction value of $2.0 m. Multifamily was 55.6 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.

Where do people moving to Skagway Municipality come from?

The largest single origin is Skagway Municipality Non-migrants, with 472 households. Arriving households report an average income of $56,280 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 Skagway Municipality 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 Skagway Municipality?

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 Skagway.

All Alaska county pages →

How this page was built →