Hoonah, AK Economy


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Hoonah, Alaska is a small city located on the shore of Icy Strait. It has a population of 844 people and is known for its breathtaking scenery, rich culture, and abundant wildlife. The cost of living in Hoonah is relatively low with 2 bedroom rent at $1,190 compared to the US average of $1430. The Grocery Cost Index in Hoonah is 151 compared to 100 in the US. \nThe economy in Hoonah consists mainly of tourism but there are also some local businesses such as Icy Straits Seafood Company and Tlingit Fisheries Corporation which provide seafood to restaurants around the nation. Another business in the area is Southeast Exposure which provides guided tours of Icy Strait, and local bear and whale watching tours. \nAttractions in Hoonah include a unique boardwalk that runs along Icy Strait where visitors can observe sea lions, bald eagles, porpoises, otters, seals, killer whales and humpback whales. Kayaking or fishing trips are also popular activities among visitors as well as traditional native cultural experiences such as totem pole carving workshops or forest moss-gathering adventures.

Hoonah has an unemployment rate of 13.7%. The US average is 6.0%.

Hoonah has seen the job market increase by 0.1% over the last year. Future job growth over the next ten years is predicted to be 16.1%, which is lower than the US average of 33.5%.

Tax Rates for Hoonah
- The Sales Tax Rate for Hoonah is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Hoonah 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 Hoonah
- The average income of a Hoonah resident is $26,050 a year. The US average is $28,555 a year.
- The Median household income of a Hoonah resident is $64,432 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHoonah, AlaskaUnited States
  13.76
  -15.5%-6.2%
  16.1%33.5%
  6.5%6.2%
  0.0%4.6%
  $33,033$37,638
  $64,432$69,021
  $72,969$85,028
  Population by Occupation
  12.3%1.2%
  4.0%0.5%
  4.0%6.8%
  3.8%10.0%
  0.7%2.5%
  10.9%11.0%
  7.6%4.8%
  0.2%0.8%
  0.0%1.9%
  0.0%4.7%
  0.5%1.9%
  0.0%7.6%
  0.0%0.1%
  4.3%4.2%
  9.5%9.3%
  7.1%14.0%
  7.6%2.1%
  8.3%7.0%
  0.9%4.8%
  18.4%4.7%
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