Chignik Lagoon, AK is a small fishing village in Aleutians West Census Area. This remote community has a population of just about 89 people. Nevertheless, Chignik Lagoon offers unique opportunities for those looking to get away from it all and experience the beauty of Alaska's wild frontier. The two bedroom rent in this area is $850 compared to the US median of $1,430. Furthermore, grocery cost index in Chignik Lagoon is 149 compared to 100 in the US.
The local economy is mainly focused on fishing and hunting with many families depending on these livelihoods for generations. Notable companies such as Alaskan King Crab Market, Wild Alaska Seafoods and Pelican Fishing Adventures offer services related to hunting and fishing in the region. Additionally, there are several general stores where residents can shop for everyday items including groceries and clothing.
Chignik Lagoon (zip 99565) has an unemployment rate of 9.4%. The US average is 6.0%.
Chignik Lagoon (zip 99565) 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 36.3%, which is higher than the US average of 33.5%.
Tax Rates for Chignik Lagoon (zip 99565)
- The Sales Tax Rate for Chignik Lagoon (zip 99565) is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Chignik Lagoon (zip 99565) 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 Chignik Lagoon (zip 99565)
- The average income of a Chignik Lagoon (zip 99565) resident is $38,303 a year. The US average is $28,555 a year.
- The Median household income of a Chignik Lagoon (zip 99565) resident is $44,375 a year. The US average is $69,021 a year.