Sitka City and Borough, AK County is a beautiful place to live and work in. Located on Baranof Island on the outer coast of Alaska's Inside Passage, it is surrounded by mountains, vast ocean views, and abundant wildlife. The region has one of the highest costs of living in the United States, with a two bedroom apartment costing up to $1,320 per month. Compared to the US average cost for similar sized apartments at $1,430 per month, groceries are also more expensive with an index score of 141 compared to 100 nationally. Despite its high costs of living Sitka City and Borough AK County offers an excellent quality of life. There are many local businesses such as Sitka Medical Center, Save-U-More grocery store, and Totem Square Shopping Center that offer services and products to residents.
Sitka City and Borough County has an unemployment rate of 5.6%. The US average is 6.0%.
Sitka City and Borough County has seen the job market decrease by -9.7% over the last year. Future job growth over the next ten years is predicted to be 16.3%, which is lower than the US average of 33.5%.
Tax Rates for Sitka City and Borough County
- The Sales Tax Rate for Sitka City and Borough County is 5.0%. The US average is 7.3%.
- The Income Tax Rate for Sitka City and 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 Sitka City and Borough County
- The average income of a Sitka City and Borough County resident is $39,792 a year. The US average is $37,638 a year.
- The Median household income of a Sitka City and Borough County resident is $82,083 a year. The US average is $69,021 a year.