Northwest Arctic Borough, AK Economy


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United States / Alaska / No Metro Area / Northwest Arctic Borough County / Cities / Zip Codes
Northwest Arctic Borough, AK County is a vibrant area with beautiful, vast landscapes and plenty of local attractions. The cost of living in the area is slightly higher than the US average with the 2 bedroom rent averaging $1,720 compared to $1,430 nationally and a grocery cost index of 180 versus 100 in the US. Though higher cost of living, there are many opportunities for employment and activities in Northwest Arctic Borough. Local companies include Alaska Structures, Arctic Slope Regional Corporation and NANA Development Corporation. Popular attractions include Wiseman Mining District Museum, Kivalina Beach Park and the Ambler River Trail. Visitors to Northwest Arctic Borough can also experience ice fishing on frozen lakes as well as hiking, snowshoeing and cross-country skiing through its nature trails.

Northwest Arctic Borough County has an unemployment rate of 12.2%. The US average is 6.0%.

Northwest Arctic Borough County has seen the job market increase by 1.9% 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 Northwest Arctic Borough County
- The Sales Tax Rate for Northwest Arctic Borough County is 4.6%. The US average is 7.3%.
- The Income Tax Rate for Northwest Arctic 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 Northwest Arctic Borough County
- The average income of a Northwest Arctic Borough County resident is $26,748 a year. The US average is $37,638 a year.
- The Median household income of a Northwest Arctic Borough County resident is $68,654 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNorthwest Arctic Borough, AlaskaUnited States
  12.26
  1.9%-6.2%
  7.5%33.5%
  3.0%6.2%
  0.0%4.6%
  $26,748$37,638
  $68,654$69,021
  $70,515$85,028
  Population by Occupation
  1.0%1.2%
  17.3%0.5%
  5.1%6.8%
  7.5%10.0%
  0.4%2.5%
  5.4%11.0%
  3.7%4.8%
  9.0%0.8%
  0.3%1.9%
  0.4%4.7%
  3.6%1.9%
  5.5%7.6%
  1.2%0.1%
  2.0%4.2%
  11.5%9.3%
  6.4%14.0%
  0.9%2.1%
  3.8%7.0%
  1.2%4.8%
  13.8%4.7%
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