Circle, AK is a small town with a unique atmosphere and culture. It has an affordable cost of living, with 2 Bedroom Rent being only $1,060 compared to the US average of $1430. The Grocery Cost Index in Circle is also relatively low, standing at 174 when compared to the US average of 100. The local economy features several businesses such as YK Trading Co., Northland Home & Garden Supply, Circle Post Office, and K&K Country Store. These companies serve as vital resources for the residents of Circle, providing goods and services that enable a comfortable lifestyle.
Circle has an unemployment rate of 11.7%. The US average is 6.0%.
Circle has seen the job market increase by 0.9% 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 Circle
- The Sales Tax Rate for Circle is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Circle 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 Circle
- The average income of a Circle resident is $13,873 a year. The US average is $28,555 a year.
- The Median household income of a Circle resident is $26,875 a year. The US average is $69,021 a year.