Fishhook, AK Economy


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Fishhook, AK is a small town located in the state of Alaska. It is located close to the Kenai River and boasts stunning views of the surrounding mountains. The cost of living in Fishhook is relatively low, with 2 bedroom rent only $1,160 compared to the US average of $1430. Grocery costs are also comparatively lower - around 135 against 100 in the US on average. There are plenty of local businesses around town such as Royalty Home Improvements, Northern Lights Trophies & Engraving, and Artic Coast Marine Repair that make it a great place to live and work. With its beautiful scenery and affordable cost of living, Fishhook makes an ideal home for those who want to escape from big city life.

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

Fishhook 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 Fishhook
- The Sales Tax Rate for Fishhook is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Fishhook 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 Fishhook
- The average income of a Fishhook resident is $36,831 a year. The US average is $37,638 a year.
- The Median household income of a Fishhook resident is $92,188 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFishhook, AlaskaUnited States
  7.76
  -3.5%-6.2%
  19.5%33.5%
  0.0%6.2%
  0.0%4.6%
  $36,831$37,638
  $92,188$69,021
  $107,113$85,028
  Population by Occupation
  0.3%1.2%
  2.2%0.5%
  16.1%6.8%
  3.8%10.0%
  2.2%2.5%
  12.4%11.0%
  9.2%4.8%
  0.0%0.8%
  2.3%1.9%
  2.1%4.7%
  1.2%1.9%
  3.1%7.6%
  0.0%0.1%
  1.8%4.2%
  8.4%9.3%
  18.7%14.0%
  1.2%2.1%
  2.7%7.0%
  3.4%4.8%
  8.8%4.7%
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