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

Is Salamatof, Alaska a good place to live?
Salamatof is a city in Alaska state in USA with a population of 1015 residents.. The poverty rate of Salamatof is 21.4%, which is 53% higher than national average. The typical household in Salamatof earns $57679 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 5 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 44.3% 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 Salamatof, only 89% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Salamatof remained 7.8%, which is 66% 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 Salamatof, only 8% of adults have a bachelor's degree and 39% have some college but no degree.

Cost of living in Salamatof is 0, which is 100% lower than national average. Median home value in Salamatof is $218500 , which is 5% lower than national average. While median income in Salamatof remained $57679, which is 15% lower than national average.
Population
1015
Unemployment
7.8%
66% NAT AVG.
Poverty
21.4%
53% NAT AVG.
Overall Score
5
Median Home Cost
$218500
5% NAT AVG.
Median Income
$57679
15% NAT AVG.
Median Rent
$950
18% NAT AVG.
People Living BPL
1 in 5
Unemployed People
1 in 13
People Earning < $10,000
1 in 9
People Earning < $50,000
44.3%
People with <= High School
1 in 1.9
People With Any Degree
1 in 6.3
Pros & Cons Overview

Jobs60%

Housing80%

Affordability60%

Safety20%

Amenities20%

Diversity90%

Education50%

Commute80%