Cohoe, AK is a small city located on the Kenai Peninsula. It offers a peaceful and quiet atmosphere with easy access to fishing, hunting, and other outdoor activities. As for local companies, there are many small businesses in Cohoe such as The Rustic Red Fox Boutique and The Copper River Grill. For those looking to rent, the average 2 bedroom rental costs $1,150 compared to $1,430 for the US as a whole. Grocery prices in Cohoe are slightly higher than the rest of the US with an index of 122 versus 100 for the US overall. This means that residents can expect slightly higher costs when it comes to grocery shopping. All in all, Cohoe offers a lower cost of living than many other places and provides an ideal environment for outdoor activities.
Cohoe has an unemployment rate of 8.9%. The US average is 6.0%.
Cohoe has seen the job market decrease by -0.3% over the last year. Future job growth over the next ten years is predicted to be 12.1%, which is lower than the US average of 33.5%.
Tax Rates for Cohoe
- The Sales Tax Rate for Cohoe is 3.0%. The US average is 7.3%.
- The Income Tax Rate for Cohoe 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 Cohoe
- The average income of a Cohoe resident is $26,557 a year. The US average is $28,555 a year.
- The Median household income of a Cohoe resident is $56,875 a year. The US average is $69,021 a year.