Koyuk, AK, is a small town located in Northwest Alaska. With a population of less than 500 people, it is known for its beautiful landscapes and its close proximity to larger cities such as Nome and Kotzebue. The average 2 bedroom rent in Koyuk is $1,450 per month, which is slightly higher than the US average of $1,430. Additionally, the grocery cost index in Koyuk is 181 compared to 100 in the US; meaning groceries cost 81% more in Koyuk than they do in the US on average. Some local businesses include Ahnighito LLC., Native Village of Koyuk Corporation and Arctic Flow Solutions LLC. Despite higher living costs in Koyuk than other parts of the country, it remains an attractive destination due to its stunning scenery and rich cultural heritage.
Koyuk (zip 99753) has an unemployment rate of 9.6%. The US average is 6.0%.
Koyuk (zip 99753) has seen the job market decrease by -3.3% over the last year. Future job growth over the next ten years is predicted to be 9.6%, which is lower than the US average of 33.5%.
Tax Rates for Koyuk (zip 99753)
- The Sales Tax Rate for Koyuk (zip 99753) is 2.0%. The US average is 7.3%.
- The Income Tax Rate for Koyuk (zip 99753) 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 Koyuk (zip 99753)
- The average income of a Koyuk (zip 99753) resident is $14,286 a year. The US average is $37,638 a year.
- The Median household income of a Koyuk (zip 99753) resident is $33,438 a year. The US average is $69,021 a year.