Knik-Fairview, AK Economy


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Knik-Fairview, AK is a small town located in Anchorage. It is an ideal area to live in due to its low cost of living and plenty of attractive amenities. The 2 Bedroom rent here is $1,180 whereas the same in US averages $1,430 making it more affordable for residents. Grocery Cost Index here is 135 versus 100 in the US which also helps to keep costs down. Some notable companies based in Knik-Fairview include Knik Construction Inc., Fairview Loop Roadhouse and Fairview Market. The overall cost of living here is relatively lower than that of other parts of the country, making it a great place to settle down for families and individuals alike.

Knik-Fairview has an unemployment rate of 7.7%. The US average is 6.0%.

Knik-Fairview has seen the job market decrease by -0.7% over the last year. Future job growth over the next ten years is predicted to be 19.5%, which is lower than the US average of 33.5%.

Tax Rates for Knik-Fairview
- The Sales Tax Rate for Knik-Fairview is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Knik-Fairview 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 Knik-Fairview
- The average income of a Knik-Fairview resident is $31,651 a year. The US average is $28,555 a year.
- The Median household income of a Knik-Fairview resident is $88,708 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyKnik-Fairview, AlaskaUnited States
  7.76
  -3.5%-6.2%
  19.5%33.5%
  0.0%6.2%
  0.0%4.6%
  $35,516$37,638
  $88,708$69,021
  $101,579$85,028
  Population by Occupation
  1.0%1.2%
  4.6%0.5%
  14.2%6.8%
  2.2%10.0%
  3.1%2.5%
  10.3%11.0%
  6.2%4.8%
  0.8%0.8%
  2.0%1.9%
  2.2%4.7%
  1.8%1.9%
  4.9%7.6%
  0.1%0.1%
  2.4%4.2%
  8.0%9.3%
  12.9%14.0%
  0.8%2.1%
  5.2%7.0%
  4.5%4.8%
  12.9%4.7%
Health
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