Kaktovik, Alaska Median Income

Kaktovik, Alaska has a population of 241, with a median household income of $68,000.

Current median income data for Kaktovik.

$68,000

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Population

241

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Median Income

$68,000

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Unemployment

7.20%

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Housing Price

$300,000

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Crime Rate

2.90

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Internet Speed

80.00 Mbps

Kaktovik is a small local community located in Alaska. The city has a population that is below the average city population in Alaska, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Kaktovik is a notable city in Alaska, offering a mix of population dynamics, economic indicators, and housing trends.

Population Overview

Kaktovik has a population of 241, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Kaktovik is $68,000, which is below the state average, indicating moderate economic conditions.

Housing Market

Housing prices in Kaktovik average around $300,000, which is relatively high compared to other cities in Alaska.

Employment and Safety

The unemployment rate in Kaktovik is 7.20%, slightly above the state average, suggesting moderate employment conditions. Crime rates in Kaktovik are higher than the state average, which may be a factor for residents to consider.

City Comparison

Compared to other cities in Alaska, Kaktovik shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Kaktovik continues to play a role in shaping regional trends in Alaska, particularly in terms of economic and demographic factors.

Frequently Asked Questions about Kaktovik

What is the population of Kaktovik?

The population of Kaktovik is approximately 241.

Is Kaktovik a good place to live?

Kaktovik offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Kaktovik?

The median household income in Kaktovik is around $68,000.

How expensive is housing in Kaktovik?

The average housing price in Kaktovik is approximately $300,000.