Fox, AK is a small town located in the state of Alaska. It is known for its beautiful landscapes and outdoor activities such as fishing and hiking. The cost of living in Fox, AK is relatively low compared to other parts of the US. The average 2 bedroom rent in Fox, AK is $1,190 which is much lower than the US average of $1,430 per month. In addition, the Grocery Cost Index in Fox, AK is 136 versus 100 in the US. This means that basic groceries are more expensive here than they would be elsewhere.
The main industries in Fox are fishing and tourism due to its proximity to many popular national parks such as Denali National Park and Chugach National Forest. Some local companies include Denali Outfitters which offers guided tours throughout Alaska’s breathtaking landscapes, Arctic Seafood Company which specializes in fresh-caught seafood from local waters, and Alaska Adventure Tours which provides guided excursions throughout the wilderness of Alaska’s interior.
Fox has an unemployment rate of 5.6%. The US average is 6.0%.
Fox has seen the job market decrease by -3.5% over the last year. Future job growth over the next ten years is predicted to be 18.0%, which is lower than the US average of 33.5%.
Tax Rates for Fox
- The Sales Tax Rate for Fox is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Fox 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 Fox
- The average income of a Fox resident is $26,647 a year. The US average is $37,638 a year.
- The Median household income of a Fox resident is $0 a year. The US average is $69,021 a year.