Alma, CO is a small town with a population of about 500 people located in Park County. It is a popular tourist destination due to its proximity to several ski resorts and breathtaking views of the Rocky Mountains. The cost of living in Alma is slightly higher than the average US city, as rent for 2 bedrooms is $1,640 compared to $1,430 nationally. Groceries are also more expensive in Alma; the grocery cost index is 100 versus 100 nationally.
Alma has several local businesses that help contribute to its vibrant culture including Lava Mountain Smokehouse and Deli, which offers delicious smoked meats for locals and visitors alike. The local hardware store provides all basic needs for handymen and women while the quilt shop shows off Alma’s unique style with custom-made quilt creations. As a tourist or resident, one can find plenty of activities to do in Alma such as mountain biking, skiing, snowmobiling, and fishing. All in all Alma is an excellent place to visit or settle down due to its beautiful scenery and friendly atmosphere.
Alma has an unemployment rate of 5.0%. The US average is 6.0%.
Alma has seen the job market increase by 3.0% over the last year. Future job growth over the next ten years is predicted to be 51.5%, which is higher than the US average of 33.5%.
Tax Rates for Alma
- The Sales Tax Rate for Alma is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Alma is 4.6%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Alma
- The average income of a Alma resident is $27,959 a year. The US average is $28,555 a year.
- The Median household income of a Alma resident is $45,893 a year. The US average is $69,021 a year.