King Cove, AK (ZIP code: 99612) is a small rural town located on the Alaska Peninsula. The estimated population is about 800 people. Rent in King Cove for a two-bedroom apartment ranges from $1,220 – slightly lower than the national average of $1,430. In addition to lower rent prices, living expenses are also more affordable here as evidenced by its Grocery Cost Index (GCI) of 244 versus the national average of 100.
Living in King Cove gives you access to local businesses like Rosie’s Grocery Store and Iris Lake Charters. These local companies provide residents with essential goods and services needed to make life comfortable. With this cost savings advantage over urban areas, it's easy to see why rent prices remain low in King Cove compared to other areas around the country.
King Cove (zip 99612) has an unemployment rate of 1.9%. The US average is 6.0%.
King Cove (zip 99612) has seen the job market decrease by -2.6% 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 King Cove (zip 99612)
- The Sales Tax Rate for King Cove (zip 99612) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for King Cove (zip 99612) 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 King Cove (zip 99612)
- The average income of a King Cove (zip 99612) resident is $26,900 a year. The US average is $28,555 a year.
- The Median household income of a King Cove (zip 99612) resident is $71,591 a year. The US average is $69,021 a year.