Dry Creek, AK Economy


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Dry Creek, AK is a town of approximately 10,000 people located in the northern part of the state. It is known for its beautiful landscapes, friendly people and low cost of living. The average two-bedroom rent in Dry Creek is just $1,200 per month, which is much lower than the national average of $1,430. Additionally, grocery costs are also relatively low at an index rating of 142 versus 100 in the US. Popular local businesses include Dry Creek Fish & Chips shop, a family-run eatery that serves some of the best seafood in town; Dry Creek Hunting Supply Store which provides all kinds of supplies for hunting activities; and lastly the Dry Creek Nature Tours & Adventures company that offers guided hikes to explore some of the most stunning natural spots around town.

Dry Creek has an unemployment rate of 7.2%. The US average is 6.0%.

Dry Creek has seen the job market decrease by -0.4% 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 Dry Creek
- The Sales Tax Rate for Dry Creek is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Dry Creek 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 Dry Creek
- The average income of a Dry Creek resident is $15,697 a year. The US average is $28,555 a year.
- The Median household income of a Dry Creek resident is $33,250 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyDry Creek, AlaskaUnited States
  7.26
  2.5%-6.2%
  12.1%33.5%
  0.0%6.2%
  0.0%4.6%
  $24,159$37,638
  $33,250$69,021
Family Median Income 85028
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