Barrow, AK (99723) is an attractive city for those looking to save money on rent. While two-bedroom rents in the US average around $1,430, the same size rental in Barrow costs approximately $1,760. This lower cost also carries over into groceries, as the Grocery Cost Index in Barrow is 261 versus only 100 in the US. The city of Barrow has access to various amenities from local companies like Arctic Slope Regional Corporation and Ukpeagvik Iñupiat Corporation. All in all, Barrow provides a great place to call home that is budget-friendly while still having access to quality services.
Barrow (zip 99723) has an unemployment rate of 6.6%. The US average is 6.0%.
Barrow (zip 99723) has seen the job market decrease by -3.5% over the last year. Future job growth over the next ten years is predicted to be 0.9%, which is lower than the US average of 33.5%.
Tax Rates for Barrow (zip 99723)
- The Sales Tax Rate for Barrow (zip 99723) is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Barrow (zip 99723) 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 Barrow (zip 99723)
- The average income of a Barrow (zip 99723) resident is $27,776 a year. The US average is $28,555 a year.
- The Median household income of a Barrow (zip 99723) resident is $93,661 a year. The US average is $69,021 a year.