Zip 99773 (Shungnak, AK) Economy


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United States / Alaska / No Metro Area / Northwest Arctic Borough County / Shungnak / Shungnak (zip 99773)
99773 Shungnak, AK is a small village located in Northwest Alaska. With a population of just over 100 people, it is one of the most remote towns in America. The town boasts beautiful scenery with plenty of outdoor activities such as fishing and hunting. It is also known for its traditional subsistence lifestyle that still exists today. \nThe cost of living is relatively low, with 2 bedroom rent in the area being $1,760 compared to the US 2 bedroom rent which averages $1,430. Grocery costs are also lower than in other places due to the cost index coming in at 179 versus 100 in the US.
Shungnak has several businesses including: Nivritti Enterprises LLC., Alaska Air Taxi & Charters LLC., and Paul's Fur Company LLC. There are plenty of events and attractions for residents and visitors alike throughout the year such as the Annual Shungnak Wiener Roast held every August; an evening celebrating traditional Alaskan culture with music, dancing, and games; and Shungnak Days which features dog sled races, a snow machine derby and other outdoor activities. Whether you're looking to experience local culture or take part in some outdoor fun, Shungnak offers something for everyone!

Shungnak (zip 99773) has an unemployment rate of 12.2%. The US average is 6.0%.

Shungnak (zip 99773) 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 Shungnak (zip 99773)
- The Sales Tax Rate for Shungnak (zip 99773) is 2.0%. The US average is 7.3%.
- The Income Tax Rate for Shungnak (zip 99773) 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 Shungnak (zip 99773)
- The average income of a Shungnak (zip 99773) resident is $18,182 a year. The US average is $37,638 a year.
- The Median household income of a Shungnak (zip 99773) resident is $60,938 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyShungnak, AlaskaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
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    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
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    Unlock4.7%
    Unlock1.9%
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    Unlock4.2%
    Unlock9.3%
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    Unlock2.1%
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