Salamatof, AK Economy


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Salamatof, AK is a small town located in the US state of Alaska. It is known for its stunning natural beauty and its friendly community. The cost of living in Salamatof is lower than the national average with 2 bedroom rent priced at around $1,210 compared to an average of $1,430 in the US. Grocery costs are also relatively low at 122 on the index versus 100 nationally. Local companies that have made their home in Salamatof include Aurora Construction and Anvil Mining. All-in-all, life in Salamatof is not only peaceful and picturesque but also affordable.

Salamatof has an unemployment rate of 8.9%. The US average is 6.0%.

Salamatof has seen the job market decrease by -0.3% 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 Salamatof
- The Sales Tax Rate for Salamatof is 3.0%. The US average is 7.3%.
- The Income Tax Rate for Salamatof 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 Salamatof
- The average income of a Salamatof resident is $22,695 a year. The US average is $28,555 a year.
- The Median household income of a Salamatof resident is $79,844 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySalamatof, AlaskaUnited States
  8.96
  -4.0%-6.2%
  12.1%33.5%
  3.0%6.2%
  0.0%4.6%
  $26,480$37,638
  $79,844$69,021
  $113,173$85,028
  Population by Occupation
  0.0%1.2%
  15.9%0.5%
  16.2%6.8%
  5.4%10.0%
  0.9%2.5%
  8.4%11.0%
  5.4%4.8%
  2.7%0.8%
  0.6%1.9%
  1.8%4.7%
  0.0%1.9%
  6.0%7.6%
  0.6%0.1%
  4.5%4.2%
  4.5%9.3%
  10.2%14.0%
  0.0%2.1%
  6.0%7.0%
  5.4%4.8%
  5.7%4.7%
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