Kodiak, AK Economy


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Kodiak, AK is a beautiful coastal town located in the Gulf of Alaska. It has spectacular views of the surrounding mountains and islands. Kodiak is home to many different industries, including fishing, retail, tourism, and more. Local companies such as Marine Seafoods and Kodiak Fisheries are known for their excellent product selection and quality service. Other notable companies in Kodiak include the Kodiak Island Brewery and the Wild Salmon Cannery, which provide fresh-caught seafood. There are many unique products made in Kodiak as well, such as smoked wild salmon, handmade jewelry, and hand-crafted furniture. In addition to its local businesses, Kodiak also offers great shopping opportunities at its quaint downtown stores.

Kodiak has an unemployment rate of 5.8%. The US average is 6.0%.

Kodiak has seen the job market decrease by -1.5% over the last year. Future job growth over the next ten years is predicted to be 12.2%, which is lower than the US average of 33.5%.

Tax Rates for Kodiak
- The Sales Tax Rate for Kodiak is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Kodiak 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 Kodiak
- The average income of a Kodiak resident is $28,592 a year. The US average is $28,555 a year.
- The Median household income of a Kodiak resident is $67,391 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyKodiak, AlaskaUnited States
  5.86
  0.3%-6.2%
  12.2%33.5%
  7.0%6.2%
  0.0%4.6%
  $31,635$37,638
  $67,391$69,021
  $72,560$85,028
  Population by Occupation
  3.9%1.2%
  0.1%0.5%
  4.5%6.8%
  32.1%10.0%
  2.8%2.5%
  11.1%11.0%
  7.6%4.8%
  1.6%0.8%
  0.3%1.9%
  1.0%4.7%
  0.2%1.9%
  5.7%7.6%
  0.0%0.1%
  2.6%4.2%
  5.7%9.3%
  10.4%14.0%
  1.4%2.1%
  3.3%7.0%
  1.2%4.8%
  4.4%4.7%
Reviews for Kodiak
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Over 8 years ago

I was born & raised on a tiny island several miles from the town of Kodiak, AK. When I returned (for 7 years), I raised my 3 kids there by myself. I had to work 3 jobs/7  More

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A word of warning to people researching places before taking a job or moving. The published cost of living estimates for Kodiak can drastically understate the true cost  More

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Kodiak has excellent access to outdoor recreation like hiking, fishing, hunting, berry-picking, mountain biking, four-wheeling, and kayaking. Also a golf course and a  More

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