Selawik, AK is a small community located in the Northwest Arctic Borough of Alaska. It has a population of around 800 people and is home to several local businesses. The cost of living in Selawik is higher than the US average, with 2 bedroom rent costing $1,700 compared to $1,430 in the US. Groceries are also more expensive with a grocery costs index of 178 compared to 100 for the US. There are several local businesses in the area including an Iñupiat Corporation, a tribal government organization that provides community services and operates businesses such as transportation and construction; Nortec Communications which offers internet services; and Bering Sea Fisheries which provides fishing supplies and repair services.
Selawik has an unemployment rate of 12.2%. The US average is 6.0%.
Selawik 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 Selawik
- The Sales Tax Rate for Selawik is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Selawik 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 Selawik
- The average income of a Selawik resident is $10,632 a year. The US average is $28,555 a year.
- The Median household income of a Selawik resident is $43,000 a year. The US average is $69,021 a year.