Larsen Bay, AK Economy


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Larsen Bay is a small town located on Alaska's Kodiak Island archipelago. It has an estimated population of just 213 people, making it the perfect spot for those looking for a quiet and serene environment. Despite its small size, Larsen Bay boasts many local companies, businesses, attractions and services. For example, North Country Fisheries is a popular seafood company that offers locals the opportunity to buy freshly caught fish. Tourists can also take advantage of local tourist attractions like wildlife cruises and chartered fishing trips. In addition to these activities, Larsen Bay has several locally-owned shops offering everything from gifts to grocery items at reasonable prices. Specialty services include boat repair shops as well as snowmobile sales and rentals for those wishing to explore the area in wintertime.

Larsen Bay has an unemployment rate of 5.8%. The US average is 6.0%.

Larsen Bay has seen the job market decrease by -1.5% over the last year. Future job growth over the next ten years is predicted to be 12.2%, which is lower than the US average of 33.5%.

Tax Rates for Larsen Bay
- The Sales Tax Rate for Larsen Bay is 3.0%. The US average is 7.3%.
- The Income Tax Rate for Larsen 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 Larsen Bay
- The average income of a Larsen Bay resident is $32,912 a year. The US average is $28,555 a year.
- The Median household income of a Larsen Bay resident is $87,917 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLarsen Bay, AlaskaUnited States
  5.86
  0.3%-6.2%
  12.2%33.5%
  3.0%6.2%
  0.0%4.6%
  $39,696$37,638
  $87,917$69,021
Family Median Income 85028
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