Anchor Point, AK Economy


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United States / Alaska / No Metro Area / Kenai Peninsula Borough County / Anchor Point / Zip Codes
Anchor Point, AK is a small town with a population of about 4,000 people. The town is known for its fishing industry and attracts travelers looking to explore the stunning coastline of Alaska. Rent in Anchor Point is slightly lower than the US average at $1,170 for a two bedroom compared to $1,430 nationally. Groceries are also more affordable with the grocery cost index being 120 versus 100 in the US. Local companies include Cold Water Creek Fisheries, Anchor River Inn Suites & RV Park, and Harborview Gifts & Gallery. All of these offer unique services to locals and visitors alike while promoting a diverse local economy that benefits the surrounding community.

Anchor Point has an unemployment rate of 8.9%. The US average is 6.0%.

Anchor Point has seen the job market decrease by -0.3% over the last year. Future job growth over the next ten years is predicted to be 12.1%, which is lower than the US average of 33.5%.

Tax Rates for Anchor Point
- The Sales Tax Rate for Anchor Point is 3.0%. The US average is 7.3%.
- The Income Tax Rate for Anchor Point 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 Anchor Point
- The average income of a Anchor Point resident is $31,832 a year. The US average is $37,638 a year.
- The Median household income of a Anchor Point resident is $54,024 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAnchor Point, AlaskaUnited States
  8.96
  -4.0%-6.2%
  12.1%33.5%
  3.0%6.2%
  0.0%4.6%
  $31,832$37,638
  $54,024$69,021
  $75,417$85,028
  Population by Occupation
  2.2%1.2%
  3.7%0.5%
  9.0%6.8%
  5.6%10.0%
  2.8%2.5%
  9.1%11.0%
  9.5%4.8%
  1.0%0.8%
  2.2%1.9%
  0.0%4.7%
  4.9%1.9%
  2.1%7.6%
  0.0%0.1%
  0.3%4.2%
  5.8%9.3%
  21.4%14.0%
  1.8%2.1%
  9.4%7.0%
  5.9%4.8%
  3.3%4.7%
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