Alakanuk, AK is a small rural city located in the northwestern-most corner of Alaska. The population is 637 people according to the last United States census. Despite its small size, Alakanuk is home to some major businesses including an airport, fish processing plant, and grocery store. The cost of living in Alakanuk compares favorably with that of other cities in Alaska and across the United States. For example, 2 bedroom rent in Alakanuk is $1,640 compared to $1,430 for 2 bedrooms rent across the US. In addition, the grocery cost index in Alakanuk is 161 versus 100 in the US. This means that groceries are more expensive in Alakanuk than they would be on average throughout the US.
Alakanuk has an unemployment rate of 20.0%. The US average is 6.0%.
Alakanuk has seen the job market decrease by -0.6% over the last year. Future job growth over the next ten years is predicted to be 6.2%, which is lower than the US average of 33.5%.
Tax Rates for Alakanuk
- The Sales Tax Rate for Alakanuk is 4.0%. The US average is 7.3%.
- The Income Tax Rate for Alakanuk 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 Alakanuk
- The average income of a Alakanuk resident is $8,754 a year. The US average is $28,555 a year.
- The Median household income of a Alakanuk resident is $36,429 a year. The US average is $69,021 a year.