Savoonga, AK is a small town located on St. Lawrence Island in the Bering Sea. With a population of just under 1,000 people, Savoonga is a quietly beautiful place to live. The two bedroom rent in Savoonga is $1,460 which is slightly higher than the US average of $1,430. Grocery cost index in Savoonga is also higher at 179 compared to the US index of 100.
Savoonga's economy relies mainly on industries such as fishing, hunting and trade with Russia for goods and services. Local companies include Savoonga Native Corporation (a resource development company), Agvik Transport LLC (a trucking company) and Tiny Village Tours (an adventure tour business). There are plenty of activities to enjoy in Savoonga such as whale watching, kayaking trips in the bay or visiting some historical sites like Chukaraaq Totem Park. With its beautiful scenery and interesting culture, it's easy to see why this town has been attracting visitors for centuries!
Savoonga (zip 99769) has an unemployment rate of 9.6%. The US average is 6.0%.
Savoonga (zip 99769) has seen the job market decrease by -0.5% 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 Savoonga (zip 99769)
- The Sales Tax Rate for Savoonga (zip 99769) is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Savoonga (zip 99769) 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 Savoonga (zip 99769)
- The average income of a Savoonga (zip 99769) resident is $7,507 a year. The US average is $28,555 a year.
- The Median household income of a Savoonga (zip 99769) resident is $49,792 a year. The US average is $69,021 a year.