Nelson Lagoon is a small city located in Alaska. It has a population of approximately 500 people. The cost of living is relatively low and the rent for two-bedroom apartments is only $1,240, compared to the US average which is $1,430. Additionally, the grocery cost index in Nelson Lagoon is much lower than the national average at 250 versus 100. Despite its small size, Nelson Lagoon boasts some of the best seafood restaurants in Alaska including Kodiak Lobster Co., Harbor Seafood Company and Halibut House. Other local businesses include Susitna Fisheries Supply and Black Bear Trading Post which offers outdoor sporting goods and clothing.
Nelson Lagoon has an unemployment rate of 1.9%. The US average is 6.0%.
Nelson Lagoon has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 9.9%, which is lower than the US average of 33.5%.
Tax Rates for Nelson Lagoon
- The Sales Tax Rate for Nelson Lagoon is 4.0%. The US average is 7.3%.
- The Income Tax Rate for Nelson Lagoon 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 Nelson Lagoon
- The average income of a Nelson Lagoon resident is $23,676 a year. The US average is $37,638 a year.
- The Median household income of a Nelson Lagoon resident is $0 a year. The US average is $69,021 a year.