Noorvik, AK (99763) boasts an average rent of $1,720 for a 2 bedroom apartment and a significantly higher grocery cost index of 183 compared to US averages. The local economy has been responding quite well to the current conditions, with many businesses in the area thriving. Some of these companies include Noorvik Trading Post, Limited, Chukchi Sea Fisheries Inc., Bering Sea Fishermen’s Association and the Inuit Art Gallery. All of these local companies bring an important level of economic stability to the region and offer employment opportunities to locals.
Noorvik (zip 99763) has an unemployment rate of 12.2%. The US average is 6.0%.
Noorvik (zip 99763) has seen the job market increase by 1.9% over the last year. Future job growth over the next ten years is predicted to be 7.5%, which is lower than the US average of 33.5%.
Tax Rates for Noorvik (zip 99763)
- The Sales Tax Rate for Noorvik (zip 99763) is 4.0%. The US average is 7.3%.
- The Income Tax Rate for Noorvik (zip 99763) 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 Noorvik (zip 99763)
- The average income of a Noorvik (zip 99763) resident is $21,070 a year. The US average is $37,638 a year.
- The Median household income of a Noorvik (zip 99763) resident is $51,563 a year. The US average is $69,021 a year.