Akhiok, AK Economy


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Akhiok is a small city located in Alaska's Kodiak Island Borough. It is a unique and tranquil place, surrounded by the breathtaking beauty of nature and abundant wildlife. Rent for a two-bedroom apartment is slightly higher than the national average, but groceries are relatively inexpensive compared to elsewhere in the United States. The locals are friendly and welcoming, making it an ideal spot for travelers looking for a peaceful getaway. Akhiok has plenty to do and explore, from fishing and kayaking to exploring secluded trails or visiting local restaurants like Lucky Wishbone Seafood Shack for some delicious seafood dishes. There's also Koniag Incorporated which provides resources and services to its shareholders native Alaskans across Kodiak Island. No matter what you're looking for, Akhiok is sure to provide an unforgettable experience that you'll never forget.

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

Akhiok 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 Akhiok
- The Sales Tax Rate for Akhiok is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Akhiok 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 Akhiok
- The average income of a Akhiok resident is $12,952 a year. The US average is $28,555 a year.
- The Median household income of a Akhiok resident is $65,417 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAkhiok, AlaskaUnited States
  5.86
  0.3%-6.2%
  12.2%33.5%
  3.0%6.2%
  0.0%4.6%
  $15,139$37,638
  $65,417$69,021
Family Median Income 85028
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