Akutan, AK Economy


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Akutan, AK is a small remote village located on the Aleutian Islands off the coast of Alaska. It’s population is about 400 people and provides locals with a quiet and peaceful community to call home. The cost of living is more affordable than other cities in the US; 2 Bedroom rents in Akutan are $1,220 while the US average for rent is $1,430. Additionally, groceries tend to be more expensive due to the limited access from mainland – grocery cost index in Akutan is 242 versus 100 in the US. Aside from daily necessities, there are many local businesses and attractions such as Akutan Harbor Cafe & Lodge, Port Bishop Store and UniSea which operates seafood processing plants throughout Alaska. Visitors can also embark on fishing charters or take scenic flights around Akun Island with Chugach Air Pacific. With much to explore and experience, Akutan remains a secluded paradise worth discovering.

Akutan has an unemployment rate of 1.9%. The US average is 6.0%.

Akutan has seen the job market decrease by -2.6% over the last year. Future job growth over the next ten years is predicted to be 9.9%, which is lower than the US average of 33.5%.

Tax Rates for Akutan
- The Sales Tax Rate for Akutan is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Akutan 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 Akutan
- The average income of a Akutan resident is $26,513 a year. The US average is $28,555 a year.
- The Median household income of a Akutan resident is $32,750 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAkutan, AlaskaUnited States
  1.96
  0.5%-6.2%
  9.9%33.5%
  0.0%6.2%
  0.0%4.6%
  $34,515$37,638
  $32,750$69,021
  $38,000$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  0.5%6.8%
  76.1%10.0%
  0.0%2.5%
  1.5%11.0%
  0.0%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  1.0%4.2%
  1.2%9.3%
  0.7%14.0%
  0.0%2.1%
  1.9%7.0%
  0.0%4.8%
  17.1%4.7%
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