Port Lions, AK Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
Port Lions, AK is a small town located on the south-western end of Kodiak Island in Alaska. It has a population of approximately 600 people and it offers an array of activities for both locals and tourists. Renting a two bedroom apartment costs $1,630 which is slightly more expensive than the US average of $1,430. The grocery cost index is also higher compared to other places in the US at a rate of 142 versus 100 nationally.
The economy of Port Lions mainly revolves around fishing. Local companies such as Bluefin Seafoods and Fish'n Chips provide fresh seafood to local restaurants and stores. In addition to this, businesses such as Anchorage Marine Services help manage large vessels that come into port. Other local companies include Blackstone Taxidermy where customers can order taxidermy services to preserve their hunting trophies. These businesses are key to the growth and development of Port Lions and its community.

Port Lions has an unemployment rate of 5.8%. The US average is 6.0%.

Port Lions 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 Port Lions
- The Sales Tax Rate for Port Lions is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Port Lions 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 Port Lions
- The average income of a Port Lions resident is $37,761 a year. The US average is $37,638 a year.
- The Median household income of a Port Lions resident is $46,250 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPort Lions, AlaskaUnited States
  5.86
  0.3%-6.2%
  12.2%33.5%
  0.0%6.2%
  0.0%4.6%
  $37,761$37,638
  $46,250$69,021
  $77,917$85,028
  Population by Occupation
  23.9%1.2%
  0.0%0.5%
  9.0%6.8%
  0.0%10.0%
  0.0%2.5%
  3.0%11.0%
  3.0%4.8%
  6.0%0.8%
  4.5%1.9%
  0.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  4.5%4.2%
  0.0%9.3%
  10.4%14.0%
  3.0%2.1%
  11.9%7.0%
  0.0%4.8%
  20.9%4.7%
Health
Compare Port Lions, AK
cost of living
Compare food, housing, utilities, and more in Port Lions, Alaska to any other city in the US.