Ketchikan, AK is a beautiful city situated in the southern panhandle. With a population of around 8,000 people, it provides an amazing quality of life for its citizens. The cost of living is very affordable compared to most other cities in the United States; two bedroom rent is $1,220 versus $1,430 on average in the US and Grocery Cost Index is 159 versus 100 in the US. Ketchikan also has a variety of local businesses to meet its residents' needs including Parnassus Books for literature enthusiasts, Wards Cove Packing Company for those looking to buy fresh seafood and Totem City Crossfit for fitness fanatics. Overall Ketchikan offers a unique atmosphere with breathtaking coastal views that make it stand out from any other town.
Ketchikan has an unemployment rate of 8.8%. The US average is 6.0%.
Ketchikan has seen the job market decrease by -0.4% over the last year. Future job growth over the next ten years is predicted to be 25.0%, which is lower than the US average of 33.5%.
Tax Rates for Ketchikan
- The Sales Tax Rate for Ketchikan is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Ketchikan 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 Ketchikan
- The average income of a Ketchikan resident is $27,842 a year. The US average is $28,555 a year.
- The Median household income of a Ketchikan resident is $68,125 a year. The US average is $69,021 a year.