Alpena, AR is a small town located in the northern part of the state. It is known for its abundance of outdoor activities, such as camping, fishing, and hiking. The cost of living in Alpena is quite low compared to other parts of the country; the rent for a two-bedroom apartment is $700 per month, compared to $1,430 nationally. The Grocery Cost Index in Alpena is 94 versus 100 in the US. Local companies include area farmers markets that provide fresh produce and locally made goods such as jams and jellies. There are also several restaurants and businesses that provide services such as auto repair or landscaping. Popular attractions around Alpena include nearby lakes which offer excellent fishing opportunities and trails that lead to stunning views of the surrounding countryside.
Alpena has an unemployment rate of 3.8%. The US average is 6.0%.
Alpena has seen the job market decrease by -0.7% over the last year. Future job growth over the next ten years is predicted to be 26.0%, which is lower than the US average of 33.5%.
Tax Rates for Alpena
- The Sales Tax Rate for Alpena is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Alpena is 6.9%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Alpena
- The average income of a Alpena resident is $14,055 a year. The US average is $28,555 a year.
- The Median household income of a Alpena resident is $43,875 a year. The US average is $69,021 a year.