Skwentna, AK Economy


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Skwentna, AK is a small town located in the Matanuska-Susitna Borough of Alaska. With a population of only approximately 150 people, Skwentna is one of the smallest towns in Alaska. Despite its size, Skwentna does have its own amenities including a post office, school, and two churches. In terms of rent prices for two bedroom accommodations, Skwentna has an average rent that is $300 less than the US average rent which makes it an attractive option for those on a budget. Grocery costs are also lower in Skwentna at 135 versus 100 in the US. Local businesses include Big Lake Grocery & C-Store, Crazy Moose Gas & Food Mart, and North Country Aviation Services Inc. All these amenities make Skwentna an interesting and affordable place to live compared to other parts of the United States.

Skwentna has an unemployment rate of 7.7%. The US average is 6.0%.

Skwentna has seen the job market decrease by -3.5% over the last year. Future job growth over the next ten years is predicted to be 19.5%, which is lower than the US average of 33.5%.

Tax Rates for Skwentna
- The Sales Tax Rate for Skwentna is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Skwentna 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 Skwentna
- The average income of a Skwentna resident is $44,517 a year. The US average is $37,638 a year.
- The Median household income of a Skwentna resident is $0 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySkwentna, AlaskaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
Household Income 69021
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