Primrose, AK is a small town in Alaska located near the Canadian border with a population of about 150. It has a low cost of living compared to other towns in the US; 2 Bedroom Rent is $1,200 compared to $1,430 in the US, and Grocery Cost Index is 122 versus 100 in the US. This makes Primrose an attractive place for people looking for affordable living options. The local economy consists mainly of small businesses such as grocery stores, bakeries, restaurants and service providers. These businesses provide necessary services for locals as well as providing employment opportunities. Overall, Primrose is a great option for those who are looking for an affordable place to live and work.
Primrose has an unemployment rate of 8.9%. The US average is 6.0%.
Primrose has seen the job market decrease by -4.0% over the last year. Future job growth over the next ten years is predicted to be 12.1%, which is lower than the US average of 33.5%.
Tax Rates for Primrose
- The Sales Tax Rate for Primrose is 3.0%. The US average is 7.3%.
- The Income Tax Rate for Primrose 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 Primrose
- The average income of a Primrose resident is $43,902 a year. The US average is $37,638 a year.
- The Median household income of a Primrose resident is $75,750 a year. The US average is $69,021 a year.