Lake Minchumina, AK is a small, remote town located in the southwestern part of Alaska. The population is few and far between, with less than 200 people calling this place home. Despite its remote location, there are still some local businesses in Lake Minchumina including Aviator's Rest B & B and Atigun Lodge. For those who prefer to dine out, there is the Lake Roadhouse Restaurant and Northern Lights Cafe. Local landmarks include the Sisutin River which runs through the area and the nearby mountain range known as Whitefish Hills. With its low two bedroom rent rate at $980 and an average grocery cost index of 154 versus 100 in the US, Lake Minchumina is an affordable option for anyone looking for a quiet and peaceful lifestyle in Alaska.
Lake Minchumina has an unemployment rate of 11.7%. The US average is 6.0%.
Lake Minchumina has seen the job market decrease by -5.1% over the last year. Future job growth over the next ten years is predicted to be 13.6%, which is lower than the US average of 33.5%.
Tax Rates for Lake Minchumina
- The Sales Tax Rate for Lake Minchumina is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Lake Minchumina 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 Lake Minchumina
- The average income of a Lake Minchumina resident is $102,933 a year. The US average is $37,638 a year.
- The Median household income of a Lake Minchumina resident is $0 a year. The US average is $69,021 a year.