Butte, AK Economy


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Butte, AK is a small city with a population under 10,000 people. It offers a unique lifestyle, local businesses, and outdoor activities for all ages. For those looking for housing options in Butte, AK two bedroom rent can be found at $1,140 which is significantly lower than the national average of $1,430. Additionally, grocery costs are also much lower compared to the US with an index of 135 versus 100 in the US. Local companies include Butte General Contractors LTD and Alaska Pacific Design & Construction LLC. These provide great job opportunities for those looking to work in Butte or stay close to home. The cost of living is also much lower than other parts of the US making it an attractive option for families looking for an affordable place to live and raise a family.

Butte has an unemployment rate of 7.7%. The US average is 6.0%.

Butte has seen the job market decrease by -0.7% over the last year. Future job growth over the next ten years is predicted to be 19.5%, which is lower than the US average of 33.5%.

Tax Rates for Butte
- The Sales Tax Rate for Butte is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Butte 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 Butte
- The average income of a Butte resident is $31,171 a year. The US average is $28,555 a year.
- The Median household income of a Butte resident is $91,471 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyButte, AlaskaUnited States
  7.76
  -3.5%-6.2%
  19.5%33.5%
  0.0%6.2%
  0.0%4.6%
  $40,179$37,638
  $91,471$69,021
  $97,396$85,028
  Population by Occupation
  1.9%1.2%
  4.7%0.5%
  12.4%6.8%
  1.9%10.0%
  1.0%2.5%
  13.4%11.0%
  6.9%4.8%
  1.1%0.8%
  2.2%1.9%
  2.5%4.7%
  0.8%1.9%
  6.5%7.6%
  0.2%0.1%
  1.7%4.2%
  9.3%9.3%
  11.5%14.0%
  3.5%2.1%
  3.1%7.0%
  6.1%4.8%
  9.3%4.7%
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