Tok, Alaska is a small city with a population of 99780. It is located near Mount McKinley, the highest peak in North America. Rent for two bedroom apartments here is quite affordable at $1,190 per month compared to $1,430 in the US. The Grocery Cost Index (GCI) is also quite low at 138 versus 100 in the US.
Tok offers plenty of local amenities such as stores, restaurants and entertainment venues. Some notable companies in the area include Tok Community Enterprises, Fireweed Outfitters and Big Bear Bait & Tackle. These businesses provide employment opportunities for residents while keeping prices low for citizens and visitors alike. The cost of living in Tok is significantly lower than larger cities like Seattle or New York and provides an excellent quality of life for its residents.
Tok (zip 99780) has an unemployment rate of 7.2%. The US average is 6.0%.
Tok (zip 99780) 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 12.1%, which is lower than the US average of 33.5%.
Tax Rates for Tok (zip 99780)
- The Sales Tax Rate for Tok (zip 99780) is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Tok (zip 99780) 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 Tok (zip 99780)
- The average income of a Tok (zip 99780) resident is $22,275 a year. The US average is $28,555 a year.
- The Median household income of a Tok (zip 99780) resident is $42,539 a year. The US average is $69,021 a year.