Newhalen, AK is a small city located in Alaska that offers a variety of economical and recreational activities. The average 2 bedroom rent for the city is $880 which is much lower than the US average ($1,430). Additionally, the Grocery Cost Index of Newhalen is 140 versus 100 in the rest of the United States, making it an affordable place to live. \nThe city has a few local businesses including Evergreen Auto Repair and Thompson’s Hardware & Lumber Store. There are also some fun outdoor activities like fishing at Lake Iliamna or skiing at Volcano Mountain. Visitors can also go to Dena’ina Heritage Center to learn about Alaska Native cultures and explore artifacts from the past. No matter what you're looking for, Newhalen has something for everyone!
Newhalen has an unemployment rate of 9.4%. The US average is 6.0%.
Newhalen has seen the job market decrease by -0.2% over the last year. Future job growth over the next ten years is predicted to be 36.3%, which is higher than the US average of 33.5%.
Tax Rates for Newhalen
- The Sales Tax Rate for Newhalen is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Newhalen 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 Newhalen
- The average income of a Newhalen resident is $15,390 a year. The US average is $28,555 a year.
- The Median household income of a Newhalen resident is $44,107 a year. The US average is $69,021 a year.