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

Is Lakes, Alaska a good place to live?
Lakes is a city in Alaska state in USA with a population of 10206 residents.. The poverty rate of Lakes is 11%, which is 21% lower than national average. The typical household in Lakes earns $86925 a year, compared to the national median of $67,500. Nearly 27% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Lakes, only 96% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Lakes remained 9.1%, which is 94% higher than national rate. Nearly 2 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 Lakes, only 24% of adults have a bachelor's degree and 42% have some college but no degree.

Cost of living in Lakes is 120, which is 20% higher than national average. Median home value in Lakes is $277400 , which is 21% higher than national average. While median income in Lakes remained $86925, which is 29% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.
Population
10206
Unemployment
9.1%
94% NAT AVG.
Poverty
11%
21% NAT AVG.
Overall Score
6
Median Home Cost
$277400
21% NAT AVG.
Median Income
$86925
29% NAT AVG.
Median Rent
$1236
7% NAT AVG.
Cost Of Living
120
20% NAT AVG.
People Living BPL
1 in 9
Unemployed People
1 in 11
People Earning < $10,000
1 in 20
People Earning < $50,000
27%
People with <= High School
1 in 2.9
People With Any Degree
1 in 2.9
Pros & Cons Overview

Jobs70%

Housing85%

Affordability80%

Safety70%

Amenities70%

Diversity80%

Education85%

Commute40%