Chena Ridge, AK Economy


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Chena Ridge, Alaska offers an affordable cost of living compared to the US average. Rent for a two bedroom is $1,340 per month versus the US average of $1,430 and the Grocery Cost Index is 135 compared to 100 in the US. It's located in North Pole and offers easy access to Fairbanks as well as numerous local companies. Some of these companies include Northern Alaska Tour Company, Alaskan Fudge Company, Brighten Academy Daycare, and Chena Hot Springs Resort. All offer goods and services that are unique to Chena Ridge and make it a great place to live or visit.

Chena Ridge has an unemployment rate of 5.6%. The US average is 6.0%.

Chena Ridge has seen the job market decrease by -1.2% over the last year. Future job growth over the next ten years is predicted to be 18.0%, which is lower than the US average of 33.5%.

Tax Rates for Chena Ridge
- The Sales Tax Rate for Chena Ridge is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Chena Ridge 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 Chena Ridge
- The average income of a Chena Ridge resident is $43,208 a year. The US average is $28,555 a year.
- The Median household income of a Chena Ridge resident is $114,655 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyChena Ridge, AlaskaUnited States
  5.66
  -3.5%-6.2%
  18.0%33.5%
  0.0%6.2%
  0.0%4.6%
  $50,190$37,638
  $114,655$69,021
  $130,641$85,028
  Population by Occupation
  0.0%1.2%
  1.4%0.5%
  9.0%6.8%
  1.9%10.0%
  0.1%2.5%
  5.5%11.0%
  8.1%4.8%
  0.5%0.8%
  0.7%1.9%
  4.2%4.7%
  1.6%1.9%
  7.4%7.6%
  0.0%0.1%
  0.9%4.2%
  22.2%9.3%
  23.0%14.0%
  4.3%2.1%
  3.7%7.0%
  1.5%4.8%
  4.1%4.7%
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