Togiak, AK Economy


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Togiak, AK is an incredible place to live, with beautiful scenery and a friendly atmosphere. Located in southwestern Alaska, Togiak has a population of 675 people according to the 2010 US Census. The cost of living in Togiak is quite affordable compared to many other places in America, as evidenced by the fact that 2 bedroom rent is only $1,240 per month. This is significantly lower than the national average of $1,430 for 2 bedroom rent. In addition to low rental rates, grocery costs are also very reasonable in Togiak with a Grocery Cost Index of 178 versus 100 in the US. Local companies include Togiak Fisheries LLC and Bruce M Anderson Realty & Insurance which provide goods and services to residents in the area. All in all, Togiak provides an amazing quality of life at an affordable price.

Togiak has an unemployment rate of 8.1%. The US average is 6.0%.

Togiak has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 20.8%, which is lower than the US average of 33.5%.

Tax Rates for Togiak
- The Sales Tax Rate for Togiak is 2.0%. The US average is 7.3%.
- The Income Tax Rate for Togiak 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 Togiak
- The average income of a Togiak resident is $12,907 a year. The US average is $28,555 a year.
- The Median household income of a Togiak resident is $51,667 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyTogiak, AlaskaUnited States
  8.16
  -13.4%-6.2%
  20.8%33.5%
  2.0%6.2%
  0.0%4.6%
  $24,173$37,638
  $51,667$69,021
  $51,667$85,028
  Population by Occupation
  4.3%1.2%
  0.0%0.5%
  4.3%6.8%
  1.7%10.0%
  0.0%2.5%
  10.9%11.0%
  8.3%4.8%
  2.2%0.8%
  0.4%1.9%
  0.0%4.7%
  0.4%1.9%
  0.9%7.6%
  0.9%0.1%
  0.0%4.2%
  17.8%9.3%
  36.1%14.0%
  0.0%2.1%
  0.0%7.0%
  3.9%4.8%
  7.8%4.7%
Health
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