Lime Village, AK is a small rural community located in the far north of the United States. It has a population of just over 500 people and offers residents an escape from the hustle and bustle of city life. The local economy is primarily centered around fishing and hunting, with some tourism contributing to the economic activity as well. Living costs are much higher than those in larger U.S. cities, with 2 bedroom rents coming in at approximately $3,540 and grocery cost index at 214 versus 100 in the US. Despite this, Lime Village is still an attractive option for those looking for a slower pace of life and natural beauty that can only be found in such a remote place. Local companies include L&L Fish Company, which specializes in seafood; Nole Plumbing Services, offering plumbing services to both residential and commercial clients; and Joe's Hunting Lodges, a popular destination for hunters looking for an unforgettable experience.
Lime Village has an unemployment rate of 12.2%. The US average is 6.0%.
Lime Village has seen the job market decrease by -2.0% over the last year. Future job growth over the next ten years is predicted to be 12.8%, which is lower than the US average of 33.5%.
Tax Rates for Lime Village
- The Sales Tax Rate for Lime Village is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Lime Village 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 Lime Village
- The average income of a Lime Village resident is $8,581 a year. The US average is $37,638 a year.
- The Median household income of a Lime Village resident is $0 a year. The US average is $69,021 a year.