Kobuk, AK is a small town located in the Northwest Arctic Borough. It is known for its breathtaking views and its remote location. While the population size of Kobuk is not officially recorded, it is estimated to have around 350 people living there. The cost of living in Kobuk is higher than that of other places in Alaska due to its remote location. A two-bedroom apartment will cost roughly $1740 per month while a similar one in other parts of Alaska costs just $1430. Groceries in Kobuk are more expensive too with an index of 181 compared to 100 elsewhere.
Kobuk has some local businesses that help to make life more enjoyable for citizens and visitors alike. Some popular ones include The Kito Store, Big Lake Laundromat and Cleaners, and SDC Health Care Center & Clinic. These businesses offer services such as groceries, laundry services,and medical care respectively at reasonable prices compared to other places in the US.
Kobuk has an unemployment rate of 12.2%. The US average is 6.0%.
Kobuk 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 7.5%, which is lower than the US average of 33.5%.
Tax Rates for Kobuk
- The Sales Tax Rate for Kobuk is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Kobuk 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 Kobuk
- The average income of a Kobuk resident is $12,051 a year. The US average is $28,555 a year.
- The Median household income of a Kobuk resident is $29,688 a year. The US average is $69,021 a year.