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

Is Gateway, Alaska a good place to live?
Gateway is a city in Alaska state in USA with a population of 5965 residents.. The poverty rate of Gateway is 2.7%, which is 81% lower than national average. The typical household in Gateway earns $105786 a year, compared to the national median of $67,500. Nearly 16.6% 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 Gateway, only 96% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Gateway remained 7.4%, which is 57% 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 Gateway, only 30% of adults have a bachelor's degree and 40% have some college but no degree.

Cost of living in Gateway is 127, which is 27% higher than national average. Median home value in Gateway is $333200 , which is 45% higher than national average. While median income in Gateway remained $105786, which is 57% 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
5965
Unemployment
7.4%
57% NAT AVG.
Poverty
2.7%
81% NAT AVG.
Overall Score
6
Median Home Cost
$333200
45% NAT AVG.
Median Income
$105786
57% NAT AVG.
Median Rent
$1192
3% NAT AVG.
Cost Of Living
127
27% NAT AVG.
People Living BPL
1 in 37
Unemployed People
1 in 14
People Earning < $10,000
1 in 43
People Earning < $50,000
16.6%
People with <= High School
1 in 3.3
People With Any Degree
1 in 2.6
Pros & Cons Overview

Jobs80%

Housing85%

Affordability80%

Safety60%

Amenities60%

Diversity85%

Education85%

Commute30%