Chignik Lake, AK is a small town located on the western Alaska peninsula. It is known for its picturesque natural beauty and peaceful atmosphere. The median 2 bedroom rent in Chignik Lake is $880, which is significantly lower than the US median of $1,430. Additionally, the Grocery Cost Index in Chignik Lake is 140 versus 100 in the US, indicating that groceries are more expensive here compared to the rest of the country.
The town also has many local businesses to explore such as North Star Safari Adventures offering guided cultural and wildlife tours; Chignik Fisheries Co-op for fresh locally caught seafood; and The Fishin’ Shop for all your fishing gear needs. There are also several recreational activities such as hiking trails and kayaking spots. Whether you are looking to explore nature or shop at local stores, Chignik Lake has something for everyone!
Chignik Lake has an unemployment rate of 9.4%. The US average is 6.0%.
Chignik Lake has seen the job market decrease by -0.2% over the last year. Future job growth over the next ten years is predicted to be 36.3%, which is higher than the US average of 33.5%.
Tax Rates for Chignik Lake
- The Sales Tax Rate for Chignik Lake is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Chignik Lake 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 Chignik Lake
- The average income of a Chignik Lake resident is $20,514 a year. The US average is $28,555 a year.
- The Median household income of a Chignik Lake resident is $34,750 a year. The US average is $69,021 a year.