Pitkas Point, AK is a small village located in Northwest Alaska. It is home to a population of around 514 people and offers an abundance of outdoor activities. The cost of living in Pitkas Point is relatively low, especially when compared to the rest of the United States. Rent for a two bedroom apartment costs $920 per month while on average it would be $1,430 in other states. Groceries are unsurprisingly cheaper as well, with the cost index at 163 versus 100 nationwide. \nLocal businesses in Pitkas Point include Ch2m Hill Polar Services, Inc., Teck Alaska Incorporated, and Alcan Electric & Engineering Corporation. These companies give residents great job opportunities in the area that help supplement their income. All things considered, Pitkas Point is an affordable place to live with many great advantages such as access to recreational activities and low-cost living expenses.
Pitkas Point has an unemployment rate of 20.0%. The US average is 6.0%.
Pitkas Point has seen the job market decrease by -0.6% over the last year. Future job growth over the next ten years is predicted to be 6.2%, which is lower than the US average of 33.5%.
Tax Rates for Pitkas Point
- The Sales Tax Rate for Pitkas Point is 4.0%. The US average is 7.3%.
- The Income Tax Rate for Pitkas Point 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 Pitkas Point
- The average income of a Pitkas Point resident is $12,630 a year. The US average is $28,555 a year.
- The Median household income of a Pitkas Point resident is $53,438 a year. The US average is $69,021 a year.