McKinley Park, AK is located within the Anchorage area and is home to many small businesses such as the Loussac Library, Alaska Pacific University, and Wild Scoops Ice Cream shop. With its close proximity to downtown Anchorage, McKinley Park offers a unique combination of urban amenities and natural beauty. Despite being an affluent area, the cost of living in McKinley Park is significantly higher than the US average due to factors such as transportation costs, high demand for housing, and prices of goods. The 2 bedroom rent in McKinley Park is $2,400 compared to $1,430 nationally. Additionally, the grocery cost index in McKinley Park is 152 versus 100 nationally. These financial factors make it difficult for locals to afford living in this wonderful neighborhood.
Denali Park has an unemployment rate of 15.9%. The US average is 6.0%.
Denali Park has seen the job market decrease by -43.9% 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 Denali Park
- The Sales Tax Rate for Denali Park is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Denali Park 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 Denali Park
- The average income of a Denali Park resident is $29,162 a year. The US average is $37,638 a year.
- The Median household income of a Denali Park resident is $77,941 a year. The US average is $69,021 a year.