Is Funny River, Alaska a Good Place To Live? - Living In Funny River, AK

Is Funny River, Alaska a good place to live?
Funny River is a city in Alaska state in USA with a population of 1331 residents.. The poverty rate of Funny River is 39%, which is 179% higher than national average. The typical household in Funny River earns $56364 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 3 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 9 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 40% of households earn less than $50,000 a year compared to 39% national rate. With a lack of available jobs, many in Funny River are struggling financially. Nearly one in every 1 in every 4 workers in Funny River is unemployed. The high jobless rate has likely contributed to the widespread poverty in the city.

A high school education is a basic prerequisite for most jobs, and in Funny River, only 85% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Funny River remained 24.8%, which is 428% higher than national rate. Nearly 5 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Funny River, only 25% of adults have a bachelor's degree and 28% have some college but no degree.

Cost of living in Funny River is 0, which is 100% lower than national average. Median home value in Funny River is $221900 , which is 3% lower than national average. While median income in Funny River remained $56364, which is 16% lower than national average.
Population
1331
Unemployment
24.8%
428% NAT AVG.
Poverty
39%
179% NAT AVG.
Overall Score
4
Median Home Cost
$221900
3% NAT AVG.
Median Income
$56364
16% NAT AVG.
Median Rent
$950
18% NAT AVG.
People Living BPL
1 in 3
Unemployed People
1 in 4
People Earning < $10,000
1 in 9
People Earning < $50,000
40%
People with <= High School
1 in 2.1
People With Any Degree
1 in 2.8
Pros & Cons Overview

Jobs50%

Housing80%

Affordability60%

Safety30%

Amenities30%

Diversity60%

Education60%

Commute60%