State economy

Alaska economy

Alaska's unemployment rate was 4.3% in September 2026, unchanged from the month before and 4.7% a year earlier. That ranks 34 of 51 (1 = lowest); the national rate was 4.1%. Employers had 0.34 million jobs on their payrolls in September 2026, a gain of 4,200 (+1.2%) from a year earlier. Home prices (FHFA index) were +3.9% from a year earlier in Q2 2026. Median household income was $102,500 in 2025.

4.3%
unemployment rate
September 2026
Unemployment rate4.3%Rank 34 of 51 (1 = lowest)
10-year range3.9–11.7%Low Aug 2022 · high May 2020
Nonfarm jobs0.34M+1.2% in a year · rank 7
Home prices (FHFA)+3.9%1-year change · Q2 2026 · 5-yr +37%
Median household income$102,5002025 · rank 9 of 51

Alaska: unemployment rate

Alaska unemployment rateLine chart from Jan 1, 2006 to Sep 1, 2026. Latest 4.3%; high 11.7% on May 1, 2020; low 3.9% on Aug 1, 2022.2%4%6%8%10%12%20082010201220142016201820202022202420264.3%High 11.7%Low 3.9%

Alaska: jobs, change from a year earlier

Alaska nonfarm jobs, 12-month changeLine chart from Jan 1, 2001 to Sep 1, 2026. Latest +1.2%; high +9.3% on Apr 1, 2021; low -14.0% on May 1, 2020.-15%-10%-5%0%5%10%20052010201520202025+1.2%High +9.3%Low -14.0%

Alaska: home prices, change from a year earlier

Alaska FHFA house price index, 12-month changeLine chart from Jan 1, 2001 to Apr 1, 2026. Latest +3.9%; high +14.9% on Apr 1, 2022; low -2.3% on Jan 1, 2010.-5%0%5%10%15%20052010201520202025+3.9%High +14.9%Low -2.3%

Alaska: median household income

Alaska median household incomeLine chart from Jul 1, 1984 to Jul 1, 2025. Latest $102,500; high $102,500 on Jul 1, 2025; low $31,360 on Jul 1, 1986.$20,000$40,000$60,000$80,000$100,000$120,0001990199520002005201020152020$102,500Low $31,360

Other states

Sources: U.S. Bureau of Labor Statistics (unemployment, nonfarm payrolls; seasonally adjusted), Federal Housing Finance Agency (all-transactions house price index), U.S. Census Bureau (median household income, current dollars), via FRED. US unemployment rate: 4.1% (October 2026).