99571 Cold Bay, AK is an isolated fishing village located in the Aleutian Islands off the coast of Alaska. With a population of only 74, it is one of the least populated places in America. Despite its small size, Cold Bay has no shortage of amenities for its residents. Two bedroom rent in Cold Bay is surprisingly affordable at just $1,250 compared to $1,430 in the US on average. Grocery Cost Index is also low compared to the national average at 250 versus 100.
As a fishing community, cold bay offers plenty of opportunities to buy fresh seafood right from local fishermen. Cold Bay Hardware & Supply Co and Super Value Groceries are two popular local businesses that provide locals with everyday goods and services including fishing supplies, hardware items, household items and groceries respectively. There are also several restaurants that offer fresh seafood dishes such as The Fish House Restaurant & Gift Shop and The Anchorage Inn.
Cold Bay (zip 99571) has an unemployment rate of 1.9%. The US average is 6.0%.
Cold Bay (zip 99571) has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 9.9%, which is lower than the US average of 33.5%.
Tax Rates for Cold Bay (zip 99571)
- The Sales Tax Rate for Cold Bay (zip 99571) is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Cold Bay (zip 99571) 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 Cold Bay (zip 99571)
- The average income of a Cold Bay (zip 99571) resident is $44,904 a year. The US average is $37,638 a year.
- The Median household income of a Cold Bay (zip 99571) resident is $108,056 a year. The US average is $69,021 a year.