Valdez, AK is a small town in Alaska that is often visited for its abundance of activities such as fishing, skiing, and kayaking. Rent prices for two bedroom homes are relatively low at $1,320 compared to the US at $1,430. Grocery costs in Valdez are also lower compared to the US with an index of 145 versus 100. The local economy is supported by businesses such as Kodiak Canning Co., Coastal Helicopters Inc., and Marine Exchange of Alaska. These companies offer fish processing services, helicopter tours, and marine navigation equipment respectively.
Valdez has an unemployment rate of 10.0%. The US average is 6.0%.
Valdez has seen the job market increase by 0.1% over the last year. Future job growth over the next ten years is predicted to be 20.1%, which is lower than the US average of 33.5%.
Tax Rates for Valdez
- The Sales Tax Rate for Valdez is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Valdez 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 Valdez
- The average income of a Valdez resident is $35,032 a year. The US average is $28,555 a year.
- The Median household income of a Valdez resident is $99,151 a year. The US average is $69,021 a year.