Central, AK Economy


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Central, AK is a small town located in Alaska that has a lot to offer. It is known for its beautiful views and variety of outdoor activities available. Central has an array of local businesses to choose from such as Great Northern Refrigeration, First National Bank of Alaska, and Arctic Air Cabinets & Kitchens. These companies provide great services for the community and give Central residents an opportunity to support their local economy.
Central also boasts its low living costs compared to other areas in the US. The average rent for a two bedroom apartment is only $940 which is much lower than the average US rate of $1,430. Additionally, Central's grocery cost index is 150 versus 100 in the US making it more affordable for residents to buy groceries.
Overall, Central AK offers a laid-back atmosphere with plenty of opportunities for outdoor activities as well as quality local businesses. Residents benefit from low living costs making this an ideal place to call home.

Central has an unemployment rate of 11.7%. The US average is 6.0%.

Central has seen the job market decrease by -5.1% over the last year. Future job growth over the next ten years is predicted to be 13.6%, which is lower than the US average of 33.5%.

Tax Rates for Central
- The Sales Tax Rate for Central is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Central 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 Central
- The average income of a Central resident is $18,318 a year. The US average is $37,638 a year.
- The Median household income of a Central resident is $16,296 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCentral, AlaskaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
Family Median Income 85028
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