Zip 99548 (Chignik Lake, AK) Economy


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United States / Alaska / No Metro Area / Lake and Peninsula Borough County / Chignik Lake / Chignik Lake (zip 99548)
99548 Chignik Lake, AK is a small rural community located in the Aleutian Islands. With a population of only 140, Chignik Lake is an ideal place to escape the hustle and bustle of city life. The cost of rent for a two bedroom apartment is $840, which is much lower than the average US rental cost of $1,430. Grocery Cost Index in Chignik Lake is also relatively low at 140 compared to 100 in the US.
The town offers plenty of outdoor activities such as fishing and boating since it borders Chignik Lake. Other popular activities include hiking along the river bank or taking a boat tour of the lake's islands. Some local businesses found in Chignik Lake are Chignik Fisheries Inc., which provides fresh seafood from Alaskan waters, and Salmon Sisters Charters that offer guided tours and fishing charters around Alaska’s beautiful coastal areas. Overall, 99548 Chignik Lake, AK is an attractive place to live with its low costs for rent and groceries as well as many wonderful outdoor activities available for visitors and locals alike.

Chignik Lake (zip 99548) has an unemployment rate of 9.4%. The US average is 6.0%.

Chignik Lake (zip 99548) 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 Lake (zip 99548)
- The Sales Tax Rate for Chignik Lake (zip 99548) is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Chignik Lake (zip 99548) 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 Lake (zip 99548)
- The average income of a Chignik Lake (zip 99548) resident is $20,514 a year. The US average is $28,555 a year.
- The Median household income of a Chignik Lake (zip 99548) resident is $34,750 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyChignik Lake, AlaskaUnited States
  9.46
  -3.6%-6.2%
  36.3%33.5%
  0.0%6.2%
  0.0%4.6%
  $17,345$37,638
  $34,750$69,021
  $51,250$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  0.0%6.8%
  0.0%10.0%
  0.0%2.5%
  15.4%11.0%
  30.8%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  0.0%9.3%
  0.0%14.0%
  0.0%2.1%
  0.0%7.0%
  0.0%4.8%
  53.8%4.7%
Health