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Autos Drive Alaska Forward

Industry Impact

  • 11,598 11,598 Total Auto Jobs in State
  • 2.6% 2.6% of State Workforce
  • $673.09M $673.09 Million Labor Income
  • $881.99M $881.99 Million in Total 2018 Car Sales
  • 26,452 26,452 Total New Car Sales
Multi-industry contribution analysis of the economic impact of automotive manufacturing, selling, repairing, renting, and additional maintenance modeled using IMPLAN economic analysis data software, 2017 data year; compiled by Auto Alliance with data provided by IHS Markit, sales figures represent new vehicle registrations between January 1, 2018 - December 31, 2018.

Tax Revenue

  • $29.06M $29.06 Million in Total State Tax Revenue
  • 2% 2% of State Tax Revenue
  • $0 $0 in New Vehicle Sales Taxes
  • $0 $0 in Used Vehicle Sales Taxes
  • $0 $0 in Sales Taxes on Auto Parts and Services
  • $84.84M $84.84 Million in Vehicle Use Taxes (Including Gas Taxes), Licenses and Fees
  • $2M $2 Million in Corporate Profits Tax
  • $0 $0 State Income Taxes
Multi-industry contribution analysis of the economic impact of automotive manufacturing, selling, repairing, renting, and additional maintenance modeled using IMPLAN economic analysis data software, 2017 data year.

Registrations

607,052 Registered Vehicles

By Body Style

  • Cars 155,522 (25.62%)
  • CUVs 110,714 (18.24%)
  • SUVs 94,648 (15.59%)
  • Pickups 206,532 (34.02%)
  • Vans/Minivans 39,636 (6.53%)

By Powertrain

  • Gas 559,016 (92.09%)
  • Diesel 41,788 (6.88%)
  • Hybrid 5,422 (0.89%)
  • Electric 528 (0.09%)
  • Plug-In Hybrid 298 (0.05%)
In Alaska, the average age of vehicles is 13.8 years.
The national average age of vehicles is 11.6 years.
Figures compiled by Auto Alliance with data provided by IHS Markit as of December 31, 2018.

New Purchases

26,452 Vehicles Sold

By Body Style

  • Cars 5,176 (19.57%)
  • CUVs 9,397 (35.52%)
  • SUVs 2,890 (10.93%)
  • Pickups 7,452 (28.17%)
  • Vans/Minivans 1,537 (5.81%)

By Powertrain

  • Gas 24,195 (91.47%)
  • Diesel 1,715 (6.48%)
  • Hybrid 387 (1.46%)
  • Electric 98 (0.37%)
  • Plug-In Hybrid 57 (0.22%)
Figures compiled by Auto Alliance with data provided by IHS Markit as of December 31, 2018.

Auto-Related Activity at Ports

Economic Activity From Past Decade

  • $453.64 Million Total Imports
  • $248.54 Million Total Exports

Economic Activity From 2018

  • $45.21 Million Total Imports
  • $37.82 Million Total Exports
Compiled by Auto Alliance with data provided by USA Trade Online, figures represent port activity over the past decade and between January 1, 2018 - December 31, 2018.

Fueling

  • Gasoline Stations 348
  • Electric Charging Stations 16
  • Biodiesel Stations 0
  • Compressed Natural Gas Stations 1
  • Hydrogen Stations 0
  • Liquefied Natural Gas Stations 0
  • Liquefied Petroleum Gas Stations 6
Compiled by Auto Alliance with data provided by U.S. Department of Energy's Alternative Fuels Data Center, figures represent fueling stations as of April 9, 2019.

Alaska Consumers

  • $33,343 $33,343 Average MSRP Per New Car
    National Average $31,696
  • $73,181 $73,181 Median Household Income
    National Average $56,516
  • $6,098 $6,098 Median Monthly Household Income
    National Average $4,710
  • $508 $508 Median Monthly New Car Payment
    National Average $576
  • 8% 8% Monthly Car Payment as a Percent of Monthly Income
    National Average 12%

Commuting to Work

  • Drive alone to work (69%)
  • Carpool to work (12%)
  • Take public transportation (2%)
  • Other (17%)
Figures compiled by Auto Alliance with data provided by IHS Markit, U.S. Census Bureau's American Community Survey 2017 and Federal Reserve Bank of St. Louis. Median Monthly New Car Payment computed for a 60-month loan based on MSRP with 20% down and an APR of 5.36%.

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