Nightmute, AK, is a small city located in Bethel Census Area with a population of 99690. The cost of rent for a two-bedroom apartment in Nightmute is $1,790 per month- significantly higher than the US average of $1,430. Additionally, the grocery cost index in Nightmute is 200 versus just 100 across the US.
The local economy is centered around fishing, tourism, mining and government services. These industries are supported by companies such as Goodnews Bay Mining Company LLC which provides employment opportunities to residents in mining related projects; Valley Ventures Inc., which offers salmon fishing charters; and Alaska Commercial Company Ltd., which runs several retail stores throughout town. Economic development initiatives are also taking place through the local Chamber of Commerce to attract businesses to Nightmute that can provide job opportunities for its citizens.
Nightmute (zip 99690) has an unemployment rate of 12.2%. The US average is 6.0%.
Nightmute (zip 99690) has seen the job market decrease by -0.4% over the last year. Future job growth over the next ten years is predicted to be 12.8%, which is lower than the US average of 33.5%.
Tax Rates for Nightmute (zip 99690)
- The Sales Tax Rate for Nightmute (zip 99690) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Nightmute (zip 99690) 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 Nightmute (zip 99690)
- The average income of a Nightmute (zip 99690) resident is $13,104 a year. The US average is $28,555 a year.
- The Median household income of a Nightmute (zip 99690) resident is $52,292 a year. The US average is $69,021 a year.