The beautiful, picturesque state of Alaska is located in the Northwest area of the North American continent with a population of about 683,478. Around half of those reside along the Anchorage metropolitan areas Alaska is the largest of all U.S. state’s with a land area of 570,380 square miles making it twice as large as Texas, the next largest in the country. Alaska ranks 48th out the 50 states by population and is the least densely populated with 1.1 people per square mile and also ranks as the 6th wealthiest in the nation. 69.3% of residents are white; 15.6% Native American; 6.9% are multiracial.
The state’s most populated city is Anchorage with more than 100,000 residents. Fairbanks and Juneau have estimated residents of 10,000 – 100,000, while 25 other cities have anywhere from 1,000 – 10,000.The last rated gross state product was a total of $39.9 billion dollars with a per capita GSP ranked 7th in the nation at $43,748. More than 80% of Alaska’s revenues are derived from petroleum extraction, while Military bases are also significant contributors to the state’s economy. The cost of living in Alaska is higher than elsewhere in the nation with rural Alaska suffering from extremely high prices for consumer goods, but since state government operations are financed primarily with petroleum revenues and federal subsidies, the state has the lowest individual tax burden in the entire United States.