Naknek, AK Economy


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Naknek, AK is a small fishing village in Southwestern Alaska. It has a population of approximately 589 people and is known for its excellent salmon fishery. The cost of living in Naknek is relatively high, with two bedroom rent in the area costing $1520 on average compared to the US average of $1430. Similarly, grocery costs index 172 versus 100 in the US. Despite these higher prices, Naknek does have a few local businesses that help to provide services to its citizens. These include the Naknek Family Market, Sootok’s General Store, and Oceanside Café.

Naknek has an unemployment rate of 13.0%. The US average is 6.0%.

Naknek has seen the job market decrease by -9.6% over the last year. Future job growth over the next ten years is predicted to be 44.7%, which is higher than the US average of 33.5%.

Tax Rates for Naknek
- The Sales Tax Rate for Naknek is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Naknek 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 Naknek
- The average income of a Naknek resident is $43,191 a year. The US average is $37,638 a year.
- The Median household income of a Naknek resident is $67,188 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNaknek, AlaskaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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