Edna Bay, AK Economy


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Edna Bay, Alaska is a small village located on the northern coast of Alaska. It has a population of less than 200 people, making it an ideal location for those looking for a quiet and tranquil lifestyle. It is also conveniently close to larger cities like Anchorage and Ketchikan. The cost of living in Edna Bay is lower than average due to its smaller population; 2 bedroom rent averages $1,160 compared to the US average of $1,430. Additionally, grocery costs index at 151 vs 100 in the US. Local companies include Edna Bay True Value Store for supplies and groceries, Edna Bay Seafoods for fresh catches from local fisherman, and J&T Logging for forestry services.

Edna Bay has an unemployment rate of 8.8%. The US average is 6.0%.

Edna Bay has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 22.3%, which is lower than the US average of 33.5%.

Tax Rates for Edna Bay
- The Sales Tax Rate for Edna Bay is 5.0%. The US average is 7.3%.
- The Income Tax Rate for Edna Bay 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 Edna Bay
- The average income of a Edna Bay resident is $0 a year. The US average is $28,555 a year.
- The Median household income of a Edna Bay resident is $38,500 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyEdna Bay, AlaskaUnited States
  8.86
  -2.4%-6.2%
  22.3%33.5%
  0.0%6.2%
  0.0%4.6%
  $31,633$37,638
  $38,500$69,021
Family Median Income 85028
Reviews for Edna Bay
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Over 6 years ago

Edna Bay is a wonderful little town on a perfect bay at the edge of the Alaskan wilderness. The residents are warm and welcoming. The problems of the world seem to be  More

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