Matanuska-Susitna Borough, AK County is located in Alaska and has a population of over 100,000 people. The economy of this area is largely based on the farming and fishing industries. Additionally, businesses such as tourism, transportation and retail also contribute to the local economy. The cost of living in Matanuska-Susitna Borough is generally lower than that of other parts of Alaska and the United States overall. For example, the average rent for a 2 bedroom apartment here is $1,160 compared to $1,430 nationally. Similarly, grocery costs are around 133 compared to 100 in the US. This makes it an affordable place to live while still enjoying all the benefits of Alaska's natural beauty and offerings.
Matanuska-Susitna Borough County has an unemployment rate of 7.7%. The US average is 6.0%.
Matanuska-Susitna Borough County 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 19.5%, which is lower than the US average of 33.5%.
Tax Rates for Matanuska-Susitna Borough County
- The Sales Tax Rate for Matanuska-Susitna Borough County is 0.2%. The US average is 7.3%.
- The Income Tax Rate for Matanuska-Susitna 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 Matanuska-Susitna Borough County
- The average income of a Matanuska-Susitna Borough County resident is $30,013 a year. The US average is $28,555 a year.
- The Median household income of a Matanuska-Susitna Borough County resident is $79,300 a year. The US average is $69,021 a year.