Karluk, Alaska is a small town located on Kodiak Island. It has a population of about 400 people and is known for its spectacular views of the surrounding landscape. The cost of living in Karluk is higher than most places in the US, with a two bedroom rent averaging $1,650 compared to an average US two bedroom rent of $1,430. The Grocery Cost Index in Karluk is also higher than in the US at 147 versus 100.
The town is home to various local businesses including Coastline Marine & Logging, Kelp Beds Seafood Co., and Klikuk Lodge. Coastline Marine & Logging provides building materials, logging services and supplies boats and motors. Kelp Beds Seafood Co. provides locally caught seafood to area residents as well as visitors to the community. Klikuk Lodge specializes in guided fishing trips for their patrons as well as providing lodging and dining services.
Overall, Karluk offers a beautiful view of nature that some may find worth the higher cost of living associated with it. Local businesses provide ample opportunities for employment and services for those who make their home here or visit from out of town.
Karluk has an unemployment rate of 5.8%. The US average is 6.0%.
Karluk has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 12.2%, which is lower than the US average of 33.5%.
Tax Rates for Karluk
- The Sales Tax Rate for Karluk is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Karluk 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 Karluk
- The average income of a Karluk resident is $32,900 a year. The US average is $37,638 a year.
- The Median household income of a Karluk resident is $0 a year. The US average is $69,021 a year.