Akiak, AK is a small rural community in Alaska with just over 500 people. The cost of living is slightly higher here than the US average, with the average two-bedroom rent being $1,780 and the grocery cost index at 202 versus 100 in the US. Despite its size, Akiak has many resources including local businesses such as Akiaq Country Store and Akiak Hardware & Supply Co., schools such as Akiaq District School and Akiak Community School, and recreational activities such as snowmobiling, fishing, and hunting. With so much to offer for its small population, it’s no wonder that Akiak continues to be a thriving community.
Akiak has an unemployment rate of 12.2%. The US average is 6.0%.
Akiak has seen the job market decrease by -0.4% over the last year. Future job growth over the next ten years is predicted to be 12.8%, which is lower than the US average of 33.5%.
Tax Rates for Akiak
- The Sales Tax Rate for Akiak is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Akiak 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 Akiak
- The average income of a Akiak resident is $11,690 a year. The US average is $28,555 a year.
- The Median household income of a Akiak resident is $56,875 a year. The US average is $69,021 a year.