Declining Population in the Kodiak Region

According to “Alaska Economic Trends” from September 2022, the “Predicted growth would be the slowest in Alaska’s history” through 2050. State population is projected to “increase by a projected 24,800 people from 2021 to 2050.”

The same analysis indicates a significant decrease in population for the Kodiak Island Borough, from an estimated 12,900 people in 2021 to 11,871 in 2030 and just 9,871 in 2050 representing a 23.5% decease.
Net out migration, decreases in birth rates, and increases in death rates are all contributing factors.
Such a significant decline in population is concerning and could impact the economic outlook of the Kodiak Region in the coming decades.