Noorvik, AK Economy


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Noorvik, AK is a small Alaskan town located approximately 32 miles east of Kotzebue Sound. It has a population of 671 people and spans 4.9 square miles. Some local companies include Noorvik Trading Post, Northwind Services LLC, and K&L Enterprises Inc. The cost of living in Noorvik is higher than the rest of the United States; for example, 2-bedroom rent averages $1,680 compared to the US average of $1,430. Grocery costs also index at 183 versus 100 in the US. Despite the high prices, many locals stay in Noorvik because they enjoy its peaceful atmosphere and close relationship with nature.

Noorvik has an unemployment rate of 12.2%. The US average is 6.0%.

Noorvik has seen the job market decrease by -0.7% over the last year. Future job growth over the next ten years is predicted to be 7.5%, which is lower than the US average of 33.5%.

Tax Rates for Noorvik
- The Sales Tax Rate for Noorvik is 4.0%. The US average is 7.3%.
- The Income Tax Rate for Noorvik 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 Noorvik
- The average income of a Noorvik resident is $15,131 a year. The US average is $28,555 a year.
- The Median household income of a Noorvik resident is $51,563 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNoorvik, AlaskaUnited States
  12.26
  1.9%-6.2%
  7.5%33.5%
  4.0%6.2%
  0.0%4.6%
  $21,070$37,638
  $51,563$69,021
  $53,250$85,028
  Population by Occupation
  3.6%1.2%
  9.8%0.5%
  2.7%6.8%
  1.8%10.0%
  0.0%2.5%
  7.1%11.0%
  7.1%4.8%
  8.0%0.8%
  1.8%1.9%
  0.0%4.7%
  3.6%1.9%
  0.0%7.6%
  0.0%0.1%
  8.0%4.2%
  9.8%9.3%
  3.6%14.0%
  5.4%2.1%
  0.0%7.0%
  4.5%4.8%
  23.2%4.7%
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