Wrangell Economic Conditions Report (2025)

The Wrangell Economic Conditions Report (2025) provides an updated look at the Borough’s evolving economy and key trends shaping its future. The analysis outlines both ongoing challenges and emerging opportunities across Wrangell’s major industries.

Key Findings:

• Tourism is Growing: Tourism is entering its strongest period in twenty years.
• Demographics Drive Economic Weaknesses: Population loss remains Wrangell’s most significant long-term challenge.
• Healthcare,The Economic Cornerstone: Healthcare has become Wrangell’s largest industry, generating more wages than either the government or seafood sectors.
• Seafood Continues to Struggle: The seafood sector remains vital but challenged.

Business Climate, Cautious but Improving: Wrangell businesses reported one of the more challenging business environments in the region in 2025. However, local outlooks are improving. Sixty percent of businesses expect good or improving conditions in the coming year, led by growing confidence in the visitor industry and emerging opportunities tied to port development.