Petersburg Borough, AK Economy


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United States / Alaska / No Metro Area / Petersburg Borough County / Cities / Zip Codes
Petersburg Census Area, AK County is a unique county with a low population but plenty of opportunities. The average 2 bedroom rent in the area is $1,270 - lower than the US average of $1,430. Additionally, the Grocery Cost Index in Petersburg Census Area is 157 compared to 100 in the US. This makes it an ideal location for locals who are on a budget as well as those looking for a new place to live. Companies such as Petersen Financial Services and Alaska Pacific Bank provide excellent services to their customers, making it easier for them to manage their finances. Furthermore, Petersburg Census Area offers plenty of job opportunities to its residents with employers such as BlueCrest Energy Inc., Alaska Gold Seafood Company, and Gana-A’Yoo Limited providing good employment options.

Petersburg Borough County has an unemployment rate of 8.9%. The US average is 6.0%.

Petersburg Borough County has seen the job market decrease by -0.2% over the last year. Future job growth over the next ten years is predicted to be 4.2%, which is lower than the US average of 33.5%.

Tax Rates for Petersburg Borough County
- The Sales Tax Rate for Petersburg Borough County is 5.8%. The US average is 7.3%.
- The Income Tax Rate for Petersburg 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 Petersburg Borough County
- The average income of a Petersburg Borough County resident is $36,307 a year. The US average is $28,555 a year.
- The Median household income of a Petersburg Borough County resident is $71,696 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPetersburg Borough, AlaskaUnited States
  8.96
  -0.9%-6.2%
  4.2%33.5%
  0.0%6.2%
  0.0%4.6%
  $35,280$37,638
  $71,696$69,021
  $84,779$85,028
  Population by Occupation
  0.9%1.2%
  5.8%0.5%
  4.2%6.8%
  0.7%10.0%
  0.4%2.5%
  7.7%11.0%
  7.6%4.8%
  3.7%0.8%
  0.8%1.9%
  0.5%4.7%
  0.9%1.9%
  0.9%7.6%
  0.4%0.1%
  2.2%4.2%
  16.4%9.3%
  22.4%14.0%
  1.5%2.1%
  2.0%7.0%
  3.9%4.8%
  17.2%4.7%
Health