Meadow Lakes, AK is an ideal location for those looking for a more affordable lifestyle. Rent for a two bedroom home in Meadow Lakes is significantly lower than the US average, costing roughly $1,180 per month compared to the national rate of $1,430. Grocery costs are also lower with an index rating of 135 versus 100 in the US. This makes it easier to live comfortably while saving money. Additionally, Meadow Lakes offers a variety of local businesses such as Meadow Lake Auto Repair Shop, B&A Grocery Store, and Heartland Plumbing Services that cater to the needs of its residents. With its low rent and grocery costs combined with local amenities, Meadow Lakes is an excellent place to enjoy a high quality of life at a reasonable price.
Meadow Lakes has an unemployment rate of 7.7%. The US average is 6.0%.
Meadow Lakes has seen the job market decrease by -3.5% 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 Meadow Lakes
- The Sales Tax Rate for Meadow Lakes is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Meadow Lakes 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 Meadow Lakes
- The average income of a Meadow Lakes resident is $33,610 a year. The US average is $37,638 a year.
- The Median household income of a Meadow Lakes resident is $75,673 a year. The US average is $69,021 a year.