Igiugig, AK is a small town located in the Bristol Bay area of southwest Alaska. It sits on the shores of Iliamna Lake and offers stunning views of the surrounding mountains. The population of Igiugig is estimated to be around 120 people, most of whom work in either fishing or subsistence hunting. There are two major businesses in Igiugig that provide employment opportunities: Igiugig Lodge and Village Council. The cost of living in this small town is much lower than the national average. The average rent for a two bedroom house is $1,070 compared to $1,430 nationally while the Grocery Cost Index stands at 172 compared to 100 across the US. This makes Igiugig an affordable place to live for those wanting a unique experience away from city life.
Igiugig has an unemployment rate of 9.4%. The US average is 6.0%.
Igiugig has seen the job market decrease by -0.2% over the last year. Future job growth over the next ten years is predicted to be 36.3%, which is higher than the US average of 33.5%.
Tax Rates for Igiugig
- The Sales Tax Rate for Igiugig is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Igiugig 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 Igiugig
- The average income of a Igiugig resident is $24,614 a year. The US average is $28,555 a year.
- The Median household income of a Igiugig resident is $78,750 a year. The US average is $69,021 a year.