King Cove, AK is a small fishing village located on the Alaska Peninsula. The cost of living in King Cove is considerably less than the US average, with 2 bedroom rent averaging $1,270 compared to the US average of $1,430. Additionally, grocery costs are 44% lower than the US index at 244 versus 100 in the US. Local companies and organizations in King Cove include the Aleutian East Borough Office and King Cove Corporation. Popular landmarks in King Cove include Ken’s Korner Grocery Store and St. Paul's Catholic Church.
King Cove has an unemployment rate of 1.9%. The US average is 6.0%.
King Cove 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 King Cove
- The Sales Tax Rate for King Cove is 6.0%. The US average is 7.3%.
- The Income Tax Rate for King Cove 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 King Cove
- The average income of a King Cove resident is $26,900 a year. The US average is $28,555 a year.
- The Median household income of a King Cove resident is $71,591 a year. The US average is $69,021 a year.