North Pole, AK is a small town located north of Fairbanks and close to the Arctic Circle. With a population of just over 2,000 people, it is known for its unique northern lights and abundant outdoor activities year-round. The cost of living in North Pole is higher than the US average with a two bedroom rent at $1,470 compared to $1,430 for the US. The grocery cost index of North Pole is also higher than the US average at 135 versus 100 in the US.
Several local companies provide services to residents in North Pole including Abundant Life Services for counseling and wellness coaching; Noelle’s Northern Lights Tours; Aurora Borealis Aviation providing charter flights around Alaska; Northern Star Painting offering interior painting services; Polar Passages Adventures offering guided tours around Alaska; and Tailor Made Fashions & Alterations providing custom clothing and alterations.
North Pole has an unemployment rate of 5.6%. The US average is 6.0%.
North Pole has seen the job market decrease by -1.2% over the last year. Future job growth over the next ten years is predicted to be 18.0%, which is lower than the US average of 33.5%.
Tax Rates for North Pole
- The Sales Tax Rate for North Pole is 0.0%. The US average is 7.3%.
- The Income Tax Rate for North Pole is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for North Pole
- The average income of a North Pole resident is $31,778 a year. The US average is $28,555 a year.
- The Median household income of a North Pole resident is $83,524 a year. The US average is $69,021 a year.