Ketchikan Gateway Borough, AK County is a beautiful area located in southeast Alaska. The borough is known for its stunning scenery, fishing opportunities, and sustainable economic base. Local companies include Ketchikan Public Utilities , Alaska's Capital Bus Company, and Pioneer Lumber. The borough offers visitors an array of outdoor activities such as hiking, fishing, and sightseeing at nearby Misty Fjords National Monument. In addition to the recreational opportunities, Ketchikan Gateway Borough has a low cost of living compared to other parts of the country. The average two bedroom rent is $1,350 compared to $1,430 in the US while the grocery cost index in Ketchikan Gateway Borough is 159 versus 100 in the US. There are also many cultural events throughout the year such as Lake Eyak Days which celebrates the culture of the Eyak Native American Tribe that lived in the area before Europeans came to Alaska. With its excellent recreational opportunities and low cost of living, Ketchikan Gateway Borough makes a great place for both young professionals and retirees alike.
Ketchikan Gateway Borough County has an unemployment rate of 8.8%. The US average is 6.0%.
Ketchikan Gateway Borough County has seen the job market decrease by -0.4% over the last year. Future job growth over the next ten years is predicted to be 25.0%, which is lower than the US average of 33.5%.
Tax Rates for Ketchikan Gateway Borough County
- The Sales Tax Rate for Ketchikan Gateway Borough County is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Ketchikan Gateway Borough County 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 Ketchikan Gateway Borough County
- The average income of a Ketchikan Gateway Borough County resident is $31,494 a year. The US average is $28,555 a year.
- The Median household income of a Ketchikan Gateway Borough County resident is $77,820 a year. The US average is $69,021 a year.