Income & Economy in King Cove, AK

Household income, poverty rates, employment, and economic data — 2023 ACS Data

Income Overview

Source: U.S. Census Bureau ACS (2023)

Median Household Income

$78,125

+7% vs national

Per Capita Income

$43,941

+18% vs national

Poverty Rate

11.5%

-16% vs national

Gini Index

0.3304

0 = perfect equality

Unemployment

5.7%

+9% vs national

SNAP Recipients

16.6%

of households

How King Cove Compares

Source: Census ACS (2023)

King Cove vs Similar Cities

Source: Census ACS (2023)

Compared to cities with under 10,000 residents. King Cove is highlighted.

Median Household Income

Per Capita Income

Poverty Rate

Unemployment Rate

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Where Do You Stack Up?

Enter your household income to see how you compare to other households in King Cove. The median household income here is $78,125.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
12.4%
$25-50K
15.8%
$50-75K
21.3%
$75-100K
23.0%
$100-150K
22.8%
$150-200K
2.5%
$200K+
2.2%

Employment Snapshot

Source: U.S. Census Bureau ACS (2023)

Unemployment Rate

5.7%

-53% vs AK avg

Labor Force

808

Employed

762

Mean Commute

5 min

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+

7.5%

of adults 25+

High School Diploma+

37.8%

of adults 25+

Median Age

39.1

Work from Home

4.0%

of workers

The median household income in King Cove, AK is $78,125, which is 6.7% above the national average of $73,224. Per capita income is $43,941. The poverty rate of 11.5% is lower than the AK state average of 17.6%. The Gini index of income inequality is 0.3304, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 5.7%, compared to the state average of 12.1%. 7.5% of adults hold a bachelor's degree or higher. The average commute time is 5 minutes, with 4.0% working from home.