Mekoryuk, AK is a small rural town with a population of less than 200 people. Despite its size, Mekoryuk has some great businesses that are worth mentioning. A few local companies that are located in Mekoryuk include Arctic Circle Trading Co., Hooper Bay Native Corporation, and Yup'ik Fisheries Service. The housing market in Mekoryuk is quite expensive compared to other parts of the country due to its remote location. The average rent for a 2 bedroom apartment in Mekoryuk is $1,840 which is much higher than the US average of $1,430. Grocery costs index in Mekoryuk are also significantly higher at 201 compared to the US index of 100.
Mekoryuk has an unemployment rate of 12.2%. The US average is 6.0%.
Mekoryuk has seen the job market decrease by -0.4% 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 Mekoryuk
- The Sales Tax Rate for Mekoryuk is 4.0%. The US average is 7.3%.
- The Income Tax Rate for Mekoryuk 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 Mekoryuk
- The average income of a Mekoryuk resident is $16,711 a year. The US average is $28,555 a year.
- The Median household income of a Mekoryuk resident is $33,750 a year. The US average is $69,021 a year.