Halibut Cove, AK is a small fishing village with a population of about 300 people located on the Kachemak Bay. It is known for its natural beauty, unique culture and wildlife viewing opportunities. Rent for a two-bedroom in Halibut Cove is much cheaper than in the US, at only $1,150 compared to $1,430. Grocery costs are also lower, with an index of 124 versus 100 in the US. It is home to many local businesses such as Gary's Boat Rental, Kachemak Kayaks and Adventures by Design Tours - all offering great services to explore this unique area. Halibut Cove is also well known for being a great spot for whale watching and other forms of wildlife viewing. There are also several art galleries in town that showcase local works of art from more traditional items like carvings to contemporary artwork. With so many activities available, Halibut Cove is a great place to visit or live!
Halibut Cove has an unemployment rate of 8.9%. The US average is 6.0%.
Halibut Cove has seen the job market decrease by -0.3% over the last year. Future job growth over the next ten years is predicted to be 12.1%, which is lower than the US average of 33.5%.
Tax Rates for Halibut Cove
- The Sales Tax Rate for Halibut Cove is 3.0%. The US average is 7.3%.
- The Income Tax Rate for Halibut Cove 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 Halibut Cove
- The average income of a Halibut Cove resident is $42,324 a year. The US average is $28,555 a year.
- The Median household income of a Halibut Cove resident is $73,000 a year. The US average is $69,021 a year.