Kenai, AK Economy


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Kenai, AK is a small city located in the southern portion of Alaska. It is home to a population of 8,400 people and offers plenty of activities for those looking to explore or relax. The cost of living is quite reasonable with the average two bedroom rent at $1,210 per month versus the US average of $1,430. Grocery costs are also considerably cheaper in Kenai with a Grocery Cost Index of 122 compared to the US index of 100.
The city offers several great amenities and businesses that make it an attractive place to live. Some popular local companies include Kenai River Brewing Company, Driftwood Inn Restaurant & Lounge, and Alaska Wild Berry Products. Outdoor activities abound with fishing on the Kenai River and skiing at Ski Hai Summit Ski Area just two examples. Whether you are looking for a quiet place to retire or an exciting place for adventure, Kenai has something for everyone.

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

Kenai 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 Kenai
- The Sales Tax Rate for Kenai is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Kenai 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 Kenai
- The average income of a Kenai resident is $32,471 a year. The US average is $28,555 a year.
- The Median household income of a Kenai resident is $70,732 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyKenai, AlaskaUnited States
  8.96
  -4.0%-6.2%
  12.1%33.5%
  6.0%6.2%
  0.0%4.6%
  $33,422$37,638
  $70,732$69,021
  $83,828$85,028
  Population by Occupation
  0.0%1.2%
  5.1%0.5%
  9.5%6.8%
  4.3%10.0%
  0.8%2.5%
  12.3%11.0%
  5.3%4.8%
  0.8%0.8%
  0.5%1.9%
  1.3%4.7%
  4.8%1.9%
  2.1%7.6%
  0.0%0.1%
  3.2%4.2%
  9.3%9.3%
  19.2%14.0%
  1.1%2.1%
  7.8%7.0%
  4.5%4.8%
  8.1%4.7%
Reviews for Kenai
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Over 9 years ago

Moving to Kenai AK August 2012, opened doors for new adventures, and fulfilling a life long dream. As a person with a disability, I spent many years attempting to  More

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So, it is Alaska and you might expect as much, but Kenai seems to have more than the average nasty weather days. This past summer has been miserable. We wear jackets at  More

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It's Alaska after all, so a person would already expect some degree of cold climate conditions. But Kenai lies close to the Cook Inlet and it's weather comes right off  More

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