Soldotna, AK Economy


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Soldotna, AK is a small town located on Alaska's Kenai Peninsula. It has a population of around 4,000 people and is known for being an excellent place to fish with its access to the Kenai River. The median rent is lower than the US average at only $1,160 for a two-bedroom home. Grocery costs are also slightly less expensive in Soldotna when compared to the US with an index score of 122 versus 100.
The town offers plenty of activities for visitors and residents alike. Fishing and camping are popular outdoor activities in Soldotna, while museums such as the Kenai Visitors and Cultural Center offer insight into the towns history as well as local art from various cultures. Local businesses include restaurants such as Lola’s Slice of Heaven, specialty shops such as Chocofin Chocolates & Gifts, and even health care options such as Central Peninsula Hospital. With so much to do and see, it’s no surprise that Soldotna is one of Alaska's most favored destinations.

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

Soldotna 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 Soldotna
- The Sales Tax Rate for Soldotna is 3.0%. The US average is 7.3%.
- The Income Tax Rate for Soldotna 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 Soldotna
- The average income of a Soldotna resident is $32,892 a year. The US average is $28,555 a year.
- The Median household income of a Soldotna resident is $60,833 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySoldotna, AlaskaUnited States
  8.96
  -4.0%-6.2%
  12.1%33.5%
  3.0%6.2%
  0.0%4.6%
  $37,130$37,638
  $60,833$69,021
  $78,438$85,028
  Population by Occupation
  2.9%1.2%
  2.2%0.5%
  3.0%6.8%
  3.2%10.0%
  0.7%2.5%
  16.6%11.0%
  2.8%4.8%
  0.8%0.8%
  2.4%1.9%
  3.1%4.7%
  0.1%1.9%
  2.0%7.6%
  0.0%0.1%
  0.9%4.2%
  4.4%9.3%
  25.7%14.0%
  0.7%2.1%
  10.2%7.0%
  5.7%4.8%
  12.5%4.7%
Reviews for Soldotna
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May through late August: Summer with highs being in the 70's. This Summer (2006) so far it's been mainly cloudy and rainy. Our Summer daylight is awesome though, and  More

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