Chignik, AK Economy


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Chignik, AK is a small city located on the Alaska Peninsula in the Gulf of Alaska. With a population of fewer than 200 people, it is one of the most remote cities in the United States. Despite its size, Chignik offers many amenities to its residents including jobs at local businesses such as Chignik Fisheries and Chignik Bay Lodge. The cost of living in Chignik is significantly lower than the US average, with 2 bedroom rents at $850 compared to $1,430 nationwide. In addition, grocery costs have an index of 142 versus 100 in the US. All these factors make Chignik an attractive place to live for those looking to escape from busy city life and enjoy a tranquil atmosphere surrounded by natural beauty.

Chignik has an unemployment rate of 9.4%. The US average is 6.0%.

Chignik has seen the job market decrease by -3.6% over the last year. Future job growth over the next ten years is predicted to be 36.3%, which is higher than the US average of 33.5%.

Tax Rates for Chignik
- The Sales Tax Rate for Chignik is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Chignik 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 Chignik
- The average income of a Chignik resident is $27,989 a year. The US average is $37,638 a year.
- The Median household income of a Chignik resident is $75,417 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyChignik, AlaskaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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