Income & Economy in Buffalo Soapstone, AK
Household income, poverty rates, employment, and economic data — 2023 ACS Data
Income Overview
Source: U.S. Census Bureau ACS (2023)Median Household Income
$68,750
-6% vs national
Per Capita Income
$37,281
+0% vs national
Poverty Rate
12.4%
-9% vs national
Gini Index
0.4646
0 = perfect equality
Unemployment
11.6%
+124% vs national
SNAP Recipients
15.0%
of households
How Buffalo Soapstone Compares
Source: Census ACS (2023)Buffalo Soapstone vs Similar Cities
Source: Census ACS (2023)Compared to cities with under 10,000 residents. Buffalo Soapstone is highlighted.
Median Household Income
Per Capita Income
Poverty Rate
Unemployment Rate
Where Do You Stack Up?
Enter your household income to see how you compare to other households in Buffalo Soapstone. The median household income here is $68,750.
Income Distribution
Source: U.S. Census Bureau ACS (2023)Employment Snapshot
Source: U.S. Census Bureau ACS (2023)Unemployment Rate
11.6%
-4% vs AK avg
Labor Force
335
Employed
296
How People Get to Work
Source: Census ACS (2023)Employment by Sector
Source: Census ACS (2023)Education & Workforce
Source: U.S. Census Bureau ACS (2023)Bachelor's Degree+
21.1%
of adults 25+
High School Diploma+
46.2%
of adults 25+
Median Age
48.2
Work from Home
10.5%
of workers
The median household income in Buffalo Soapstone, AK is $68,750, which is 6.1% below the national average of $73,224. Per capita income is $37,281. The poverty rate of 12.4% is lower than the AK state average of 17.6%. The Gini index of income inequality is 0.4646, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 11.6%, compared to the state average of 12.1%. 21.1% of adults hold a bachelor's degree or higher.