Emmonak, AK is a rural village located in the Northwest Arctic Borough, near the Bering Sea. It is home to about 700 people and offers its residents an abundance of opportunities to get outdoors and explore the natural beauty of Alaska. The cost of living in Emmonak is significantly lower than that of the US, with 2 bedroom rent averaging $920 compared to $1,430 nationally. Additionally, grocery costs are about 62% higher than national averages. This may be attributed to it being an isolated village with limited access to goods from outside sources.
There are several local businesses in Emmonak that provide employment opportunities for locals such as Emmonak Services Corporation which focuses on providing services related to fishing, hunting, traditional foods gathering and processing; Yuraq Company which provides local residents with rental housing; and Chukchi Sea Fisheries Inc who provides fish processing services. There are several recreational activities like camping, fishing, hunting and ice fishing available for locals to enjoy while socializing with friends and family. Visitors can also get a unique look into Eskimo culture through visits to local museums or attending festivals like the Gold Rush Days Festival or Fish Camp Festival. With its stunning scenery and unique cultural experiences Emmonak AK is well worth checking out if you're looking for a remote getaway!
Emmonak has an unemployment rate of 20.0%. The US average is 6.0%.
Emmonak has seen the job market decrease by -0.6% over the last year. Future job growth over the next ten years is predicted to be 6.2%, which is lower than the US average of 33.5%.
Tax Rates for Emmonak
- The Sales Tax Rate for Emmonak is 4.0%. The US average is 7.3%.
- The Income Tax Rate for Emmonak 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 Emmonak
- The average income of a Emmonak resident is $15,883 a year. The US average is $28,555 a year.
- The Median household income of a Emmonak resident is $42,321 a year. The US average is $69,021 a year.