Holy Cross, Alaska is a small community located in the Yukon-Koyukuk Census Area. It is a great place to live due to its low cost of living with an average two bedroom rent of $850 compared to the national average of $1,430. The Grocery Cost Index is also lower in Holy Cross relative to the United States, at 150 versus 100.
The local economy is mainly based on fishing and mining as well as providing services for those industries including transportation and outfitting services. Notable companies in Holy Cross include Kwik'Pak Fisheries, which has been the major employer since 1975, and Arctic Circle Air Service that provides transportation services within the region.
Holy Cross has an unemployment rate of 11.7%. The US average is 6.0%.
Holy Cross has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 13.6%, which is lower than the US average of 33.5%.
Tax Rates for Holy Cross
- The Sales Tax Rate for Holy Cross is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Holy Cross 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 Holy Cross
- The average income of a Holy Cross resident is $16,128 a year. The US average is $28,555 a year.
- The Median household income of a Holy Cross resident is $30,833 a year. The US average is $69,021 a year.