Galena, AK is a small city located in northwestern Alaska. It is home to just over 500 people and offers a rural and peaceful lifestyle. The cost of living in Galena is quite reasonable, with the average two bedroom rent being $950 compared to the US average of $1,430. Groceries are also inexpensive here, with an index score of 159 compared to 100 in the US. To make up for its small size, Galena has several local businesses that provide services to its residents. These include Big River Trading Post, a store selling camping gear and fishing supplies; Western Alaska Fuels & Lubricants providing fuel and lube services; Anana Air Taxi offering flights around Alaska; and Wolfpack Outfitters offering guided hunting expeditions.
Galena has an unemployment rate of 11.7%. The US average is 6.0%.
Galena has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 13.6%, which is lower than the US average of 33.5%.
Tax Rates for Galena
- The Sales Tax Rate for Galena is 3.0%. The US average is 7.3%.
- The Income Tax Rate for Galena 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 Galena
- The average income of a Galena resident is $26,854 a year. The US average is $28,555 a year.
- The Median household income of a Galena resident is $76,250 a year. The US average is $69,021 a year.