Petersburg, AK is a small city located in southwest Alaska and is home to just over 3,000 people. It is known for its picturesque landscape with mountains, glaciers, and the Tongass National Forest nearby. The cost of living in Petersburg is significantly higher than the U.S. average; for example, 2 bedroom rents in Petersburg are $500 more than the U.S. average at $1,930 per month compared to $1,430 per month respectively. Similarly Grocery cost index in Petersburg is 159 compared to 100 for the United States as a whole.
Despite its high cost of living Petersburg has a number of local businesses that help make it an attractive place to live and work from Riverbend Coffee Co., which serves coffee from around the world direct to locals, to AJ Kelley Outfitters which provides hunting and fishing trips along with tours of the surrounding wilderness areas all year round . Petersburg also boasts some unique cultural venues such as the Alaska State Library Historical Collections and the Petroglyph Beach State Historic Park where visitors can view ancient petroglyphs remaining from thousands of years ago. With its stunning surroundings, access to nature, and friendly atmosphere makes it an ideal place to call home for many Alaskans looking for something different from other parts of the US.
Petersburg has an unemployment rate of 8.9%. The US average is 6.0%.
Petersburg has seen the job market decrease by -0.9% over the last year. Future job growth over the next ten years is predicted to be 4.2%, which is lower than the US average of 33.5%.
Tax Rates for Petersburg
- The Sales Tax Rate for Petersburg is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Petersburg 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 Petersburg
- The average income of a Petersburg resident is $34,966 a year. The US average is $37,638 a year.
- The Median household income of a Petersburg resident is $73,289 a year. The US average is $69,021 a year.