Wrangell City and Borough, AK County is an ideal place for those seeking a moderate cost of living. The average two bedroom rent in Wrangell City and Borough, AK County is $990 which is much less than the US average two bedroom rent of $1,430. This makes it possible for even those on a tight budget to find good housing options. Additionally, grocery costs in Wrangell City and Borough are only 147 compared to 100 in the US making basic food items more affordable. There are plenty of local companies that make life in Wrangell City and Borough enjoyable such as Bergseng's True Value Hardware Store, the Northern Light Cinema movie theater, and Island Liquor wine shop. Living expenses are quite low with rent being the highest bill most people will pay which makes it easy to take advantage of all that Wrangell City and Borough has to offer.
Wrangell City and Borough County has an unemployment rate of 7.6%. The US average is 6.0%.
Wrangell City and Borough County has seen the job market decrease by -6.6% over the last year. Future job growth over the next ten years is predicted to be 21.8%, which is lower than the US average of 33.5%.
Tax Rates for Wrangell City and Borough County
- The Sales Tax Rate for Wrangell City and Borough County is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Wrangell 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 Wrangell City and Borough County
- The average income of a Wrangell City and Borough County resident is $31,069 a year. The US average is $37,638 a year.
- The Median household income of a Wrangell City and Borough County resident is $54,891 a year. The US average is $69,021 a year.