Business and community
The economy is mostly based on fishing and fish processing as well as smaller companies in industry and commerce. All primary services are available in Fáskrúðsfjörður, such as a healthcare center. Public transportation services are also good.
Fáskrúðsfjörður is part of the municipality Fjarðabyggð and has ample public transportation in all directions with the fjord’s tunnel playing a key role. The old road over Vattarnesskriður is still there and is a scenic route on clear days, offering views of the island Skrúður, which the fjord is named after. The area has a rich birdlife, mostly consisting of puffins and gannets.