Aleknagik, AK is a small city located on the shores of Bristol Bay in Southwest Alaska. It is home to just over 400 people, making it an ideal location for those looking for a quieter lifestyle. Rent in Aleknagik is more affordable than the US average, with two-bedroom apartments costing $1,290 compared to the national average of $1,430. Additionally, Aleknagik has lower grocery costs than the national average; the Grocery Cost Index in Aleknagik is 184 compared to 100 nationally. The local economy is driven by commercial fishing and tourism from businesses such as Lintz’s Charters and Grand Slam Fishing Lodge. There are also opportunities to find employment with entities like Dillingham City School District which employs over 50 teachers and support staff.
Aleknagik has an unemployment rate of 8.1%. The US average is 6.0%.
Aleknagik 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 Aleknagik
- The Sales Tax Rate for Aleknagik is 5.0%. The US average is 7.3%.
- The Income Tax Rate for Aleknagik 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 Aleknagik
- The average income of a Aleknagik resident is $19,935 a year. The US average is $28,555 a year.
- The Median household income of a Aleknagik resident is $46,875 a year. The US average is $69,021 a year.