Economy in Newtok, Alaska
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Economy
| Unemployment Rate | 15.90% | 9.10% |
| Recent Job Growth | -0.17% | -0.12% |
| Future Job Growth | 23.76% | 31.25% |
| Sales Taxes | 5.00% | 6.80% |
| Income Taxes | 0.00% | 6.25% |
| Income per Cap. | $12,055 | $27,067 |
| Household Income | $44,412 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 10.77% | 12.10% |
| Income between 15K and 25K | 12.31% | 10.18% |
| Income between 25K and 35K | 12.31% | 10.56% |
| Income between 35K and 50K | 23.08% | 14.98% |
| Income between 50K and 75K | 20.00% | 19.53% |
| Income between 75K and 100K | 9.23% | 12.52% |
| Income between 100K and 150K | 7.70% | 12.14% |
| Income between 150K and 250K | 1.54% | 3.91% |
| Income between 250K and 500K | 1.54% | 3.34% |
| Income greater than 500K | 1.54% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 6.19% | 13.81% |
| Professional and Related Occupations | 23.01% | 22.68% |
| Service | 16.81% | 14.51% |
| Sales and Office | 25.66% | 25.22% |
| Farming, Fishing, and Forestry | 0.88% | 0.68% |
| Construction, Extraction, and Maintenance | 7.96% | 9.37% |
| Production, Transportation, and Material Moving | 15.93% | 15.86% |
The unemployment rate in Newtok, AK, is 15.90%, with job growth of -0.17%. Future job growth over the next ten years is predicted to be 23.76%.
Newtok, AK Taxes
Newtok, AK,sales tax rate is 5.00%. Income tax is 0.00%.
Newtok, AK Income and Salaries
The income per capita is $12,055, which includes all adults and children. The median household income is $44,412.
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