Minto, AK is a small town located in the Yukon-Koyukuk Census Area of Alaska. It is a rural community with a population of around 400 people. The cost of living in Minto is significantly lower than the US average due to its small size and remote location. The average 2 bedroom rent in Minto is $980 compared to the national average of $1,430, making it very affordable for locals and visitors alike. Additionally, the Grocery Cost Index in Minto is 148 as opposed to 100 in the US meaning groceries are slightly more expensive than average. Local businesses include Minto Electric Inc., Minto Mercantile, and Barrow Trading Council providing goods and services to the area鈥檚 residents.
Minto has an unemployment rate of 11.7%. The US average is 6.0%.
Minto has seen the job market decrease by -5.1% over the last year. Future job growth over the next ten years is predicted to be 13.6%, which is lower than the US average of 33.5%.
Tax Rates for Minto
- The Sales Tax Rate for Minto is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Minto is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing 黑料社区.
Income and Salaries for Minto
- The average income of a Minto resident is $20,782 a year. The US average is $37,638 a year.
- The Median household income of a Minto resident is $0 a year. The US average is $69,021 a year.