Cantwell, AK is a small town with an estimated population of 500 people. It is located about 40 miles southeast of Denali National Park and Preserve, offering residents and those traveling to the area plenty of outdoor activities. The rental cost for a two bedroom home in Cantwell is $1,370 which is lower than the US average of $1,430. Additionally, the Grocery Cost Index in Cantwell is 144 versus 100 in the US, making groceries more expensive here than nationally. Local companies include K2 Aviation, Gary Titus Construction Inc., and Denali Economic Development Group LLC. Overall, Cantwell offers a quiet rural lifestyle with slightly higher costs due to its remote location.
Cantwell has an unemployment rate of 15.9%. The US average is 6.0%.
Cantwell has seen the job market increase by 2.0% over the last year. Future job growth over the next ten years is predicted to be 27.5%, which is lower than the US average of 33.5%.
Tax Rates for Cantwell
- The Sales Tax Rate for Cantwell is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Cantwell 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 Cantwell
- The average income of a Cantwell resident is $30,252 a year. The US average is $28,555 a year.
- The Median household income of a Cantwell resident is $34,000 a year. The US average is $69,021 a year.