Grayling, AK Economy


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Grayling, AK is a small city located in the western part of Alaska. It has a population of just over 1,000 people. The cost of living is relatively low in Grayling with two bedroom rent averaging at $950 compared to the national average of $1,430. Grocery prices are also significantly lower than average with an index score of 151 against the US standard score of 100.
The city offers many amenities and services for its residents including a local library, community center, restaurants, shops and other businesses. Additionally, there are several schools and organizations in Grayling such as the University of Alaska Fairbanks Extension Campus and the Grayling Native Corporation which help to further enrich the lives of locals. With its low cost of living and abundance of activities available, Grayling is an excellent place to live for those looking for a peaceful yet vibrant small-town atmosphere.

Grayling has an unemployment rate of 11.7%. The US average is 6.0%.

Grayling 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 Grayling
- The Sales Tax Rate for Grayling is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Grayling 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 Grayling
- The average income of a Grayling resident is $11,165 a year. The US average is $28,555 a year.
- The Median household income of a Grayling resident is $32,500 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGrayling, AlaskaUnited States
  11.76
  -5.1%-6.2%
  13.6%33.5%
  0.0%6.2%
  0.0%4.6%
  $14,049$37,638
  $32,500$69,021
  $46,667$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  2.5%6.8%
  8.6%10.0%
  0.0%2.5%
  8.6%11.0%
  3.7%4.8%
  3.7%0.8%
  0.0%1.9%
  2.5%4.7%
  3.7%1.9%
  0.0%7.6%
  0.0%0.1%
  2.5%4.2%
  18.5%9.3%
  6.2%14.0%
  0.0%2.1%
  7.4%7.0%
  2.5%4.8%
  29.6%4.7%
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