Zip 99740 (Fort Yukon, AK) Economy


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United States / Alaska / No Metro Area / Yukon-Koyukuk Census Area County / Fort Yukon / Fort Yukon (zip 99740)
99740 Fort Yukon, AK is a small city located in the northernmost region of Alaska. It has a population of 746 and is known for its historical buildings and breathtaking views of the Chandalar River. The average two bedroom rent in this picturesque place is $940, which is significantly lower than the national average of $1,430. Additionally, the Grocery Cost Index here is 155 compared to 100 in the US, making essential items more expensive. The city's economy relies heavily on hunting and fishing related activities as well as fur trapping. Small businesses like Arctic Handmade Jewelry and Furs & Things are popular among the local population for their quality products made with natural resources found in the area. Many people also work in government positions at Fort Yukon Native Corporation, Yukon-Koyukuk School District, or City of Fort Yukon.

Fort Yukon (zip 99740) has an unemployment rate of 11.7%. The US average is 6.0%.

Fort Yukon (zip 99740) has seen the job market decrease by -5.1% over the last year. Future job growth over the next ten years is predicted to be 13.6%, which is lower than the US average of 33.5%.

Tax Rates for Fort Yukon (zip 99740)
- The Sales Tax Rate for Fort Yukon (zip 99740) is 3.0%. The US average is 7.3%.
- The Income Tax Rate for Fort Yukon (zip 99740) 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 Fort Yukon (zip 99740)
- The average income of a Fort Yukon (zip 99740) resident is $25,369 a year. The US average is $37,638 a year.
- The Median household income of a Fort Yukon (zip 99740) resident is $36,250 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFort Yukon, AlaskaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
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    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
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    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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