Whitestone, AK Economy


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Whitestone, AK is a small community located in the northern part of the state that offers its residents a high quality of living at an affordable price. Rent for a two-bedroom home is only $1,200 compared to the national average of $1,430. Cost of living in Whitestone is also lower with a grocery cost index of 142 versus 100 in the US. \nResidents have access to amenities such as The Whitestone Inn, a bed and breakfast hotel offering outdoor activities like fishing and kayaking; Wiesner’s Grocery Store, where you can find all your everyday items; and Duffy’s Drive In, for delicious burgers and shakes. Outdoor recreation opportunities abound as well with bicycle trails, hiking paths, and easy access to nearby lakes. Whitestone also boasts numerous arts organizations offering classes and programs for local residents interested in performing or visual arts.

Whitestone has an unemployment rate of 7.2%. The US average is 6.0%.

Whitestone has seen the job market increase by 2.5% 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 Whitestone
- The Sales Tax Rate for Whitestone is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Whitestone 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 Whitestone
- The average income of a Whitestone resident is $52,571 a year. The US average is $37,638 a year.
- The Median household income of a Whitestone resident is $0 a year. The US average is $69,021 a year.

Income by Population Percent

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