13.6K Jobs
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Tax Revenue Generation
$72.14M
in state tax revenue generated by the automotive industry’s economic activity.
3%
of total state tax revenue
$79.03M
Federal income taxes
$76.61M
Vehicle use tax / licenses / fees
—
New vehicle sales taxes
—
Parts & services sales tax
$11.57M
Corporate profits taxes
—
Used vehicle sales taxes
Source: Multi-industry contribution analysis of the economic impact of automotive manufacturing, selling, repairing, renting, and additional maintenance modeled using IMPLAN economic analysis data software, 2023 data year.
Vehicles Sold
28.6K
2024 Vehicle Sales
$1.09B
The average age of Alaska vehicles is 14.1 years
Compared to the national average of 12.2 years
Source: Compiled by Alliance for Automotive Innovation with data provided by S&P Global Mobility, sales figures represent new vehicle registrations between January 1, 2024 - December 31, 2024; average age compiled by Alliance for Automotive Innovation with data provided by S&P Global Mobility, vehicles in operation as of December 31, 2024; New vehicle sales revenue derived from NADA Data.
New vehicle purchases and registrations
28.6K
new vehicles sold across Alaska in 2024
Purchases ByBody Style
- 15.5K UVs (54.11%)
- 9.7K Pickups (33.88%)
- 2.1K Cars (7.23%)
- 1.4K Vans/Minivans (4.77%)
Purchases ByPowertrain
- 27.6K ICE / Hybrid (96.68%)
- 751 Electric (2.63%)
- 197 Plug-in Hybrid (0.69%)
590.6K
vehicles registered across Alaska in 2024
Registrations ByBody Style
- 238.1K UVs (41.24%)
- 199.8K Pickups (34.62%)
- 103.3K Cars (17.90%)
- 36.0K Vans/Minivans (6.24%)
Registrations ByPowertrain
- 586.2K ICE / Hybrid (99.26%)
- 3.3K Electric (0.56%)
- 1.1K Plug-in Hybrid (0.18%)
Source: Registration figures compiled by Alliance for Automotive Innovation with data provided by S&P Global Mobility as of December 31, 2024; new purchase figures compiled by Alliance for Automotive Innovation with data provided by S&P Global Mobility representing new vehicle registrations between January 1, 2024 – December 31, 2024.
Consumers
66% of Alaska households own their homes, and 66% of workers drive alone to work.
Median Household Income
$86.6K
Owner Occupied Housing
66%
Rental Occupied Housing
34%
Commutingto Work
- Drove Alone to Work (66%)
- Other (13%)
- Carpooled (12%)
- Worked from Home (9%)
- Public Transit (1%)
HousingType
- Single-Family (62%)
- 2-4 Units (12%)
- 1-Unit (Attached) (9%)
- 20+ Unit Buildings (5%)
- Mobile / RV / Boat (4%)
- 5-9 Units (4%)
- 10-19 Units (4%)
Source: Figures compiled by Alliance for Automotive Innovation with data provided U.S. Census Bureau’s American Community Survey 2023.
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