Yakutat City and Borough, AK Economy


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United States / Alaska / No Metro Area / Yakutat City and Borough County / Cities / Zip Codes
Yakutat City and Borough, AK County is a great place to live for anyone looking for an affordable area with plenty of amenities. It is known for its low cost of living, with 2 bedroom rent prices being $1,260 per month compared to the US average of $1,430. The grocery cost index in Yakutat City and Borough is also very reasonable at 159 versus 100 in the US. In addition to these cheap prices, Yakutat has plenty of local businesses such as Bill E's Bar & Grill, Chantara Thai Cuisine, and Alaskan King Crab Company which provide residents with various options for dining out or getting groceries. With its low cost of living and variety of local services, Yakutat City and Borough is an ideal place to settle down.

Yakutat City and Borough County has an unemployment rate of 10.2%. The US average is 6.0%.

Yakutat City and Borough County has seen the job market decrease by -0.9% over the last year. Future job growth over the next ten years is predicted to be 2.1%, which is lower than the US average of 33.5%.

Tax Rates for Yakutat City and Borough County
- The Sales Tax Rate for Yakutat City and Borough County is 5.0%. The US average is 7.3%.
- The Income Tax Rate for Yakutat 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 Yakutat City and Borough County
- The average income of a Yakutat City and Borough County resident is $33,475 a year. The US average is $28,555 a year.
- The Median household income of a Yakutat City and Borough County resident is $72,083 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyYakutat City and Borough, AlaskaUnited States
  10.26
  1.3%-6.2%
  2.1%33.5%
  5.0%6.2%
  0.0%4.6%
  $39,950$37,638
  $72,083$69,021
  $79,375$85,028
  Population by Occupation
  11.5%1.2%
  6.1%0.5%
  2.6%6.8%
  4.2%10.0%
  6.1%2.5%
  13.8%11.0%
  12.8%4.8%
  2.6%0.8%
  0.6%1.9%
  0.0%4.7%
  0.3%1.9%
  0.0%7.6%
  0.0%0.1%
  1.3%4.2%
  9.9%9.3%
  1.3%14.0%
  1.3%2.1%
  5.1%7.0%
  1.0%4.8%
  19.6%4.7%
Health