Skagway, Alaska is a small town with a population of about 1,000 people. It is situated in the Southeast region of the state and is known for its stunning views of mountains and glaciers. Skagway has a unique culture that combines native Tlingit influences with more modern western ideas. Some popular attractions in Skagway include Gold Rush Days, Yukon Suspension Bridge and Chilkoot Trail National Historic Site. The local economy consists mainly of small businesses such as Totem Tours, White Pass & Yukon Route Railway Co., Lynn Canal Cruises, and Alaska Land Adventure Company.
Rent prices in Skagway are significantly higher than those across the rest of United States; it costs around $1,820 for a two-bedroom apartment whereas the average cost across America is around $1,430. Similarly, Grocery Cost Index in Skagway is 147 versus 100 in the US which means that food costs are more expensive in Skagway compared to other parts of America.
Skagway has an unemployment rate of 17.6%. The US average is 6.0%.
Skagway has seen the job market decrease by 0.0% over the last year. Future job growth over the next ten years is predicted to be 16.3%, which is lower than the US average of 33.5%.
Tax Rates for Skagway
- The Sales Tax Rate for Skagway is 3.0%. The US average is 7.3%.
- The Income Tax Rate for Skagway 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 Skagway
- The average income of a Skagway resident is $41,781 a year. The US average is $28,555 a year.
- The Median household income of a Skagway resident is $83,125 a year. The US average is $69,021 a year.