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 -0.8% 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 $35,000 a year. The US average is $28,555 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
  136
  -9.6%-6.2%
  44.7%33.5%
  0.0%6.2%
  0.0%4.6%
  $43,191$37,638
  $67,188$69,021
  $83,750$85,028
  Population by Occupation
  4.0%1.2%
  0.0%0.5%
  3.0%6.8%
  12.9%10.0%
  1.0%2.5%
  6.9%11.0%
  13.9%4.8%
  6.4%0.8%
  4.0%1.9%
  2.0%4.7%
  1.5%1.9%
  3.0%7.6%
  0.0%0.1%
  4.0%4.2%
  7.9%9.3%
  6.4%14.0%
  3.0%2.1%
  4.5%7.0%
  6.4%4.8%
  9.4%4.7%
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