Alton, MO is a small town located near the Mississippi River that offers an affordable cost of living for those looking to rent or buy. The average two bedroom rent is $750 compared to $1,430 in the US making it a perfect place for those on a budget. Prices for groceries are also lower than the national average with an index of 91 versus 100 in the US.
Alton has many local businesses and attractions that make the town a great place to live and visit. The Pine Lakes Golf Club, Rockford Beach Marina, and Riverlands Audubon Center are all popular recreation spots. Other notable businesses in Alton include Jim's Supermarket, Alton Florist & Gifts, and Alton Bakery & Cafe. With its beautiful scenery and reasonable prices Alton is certainly worth considering for residents looking to settle down or just spend some time exploring.
Alton has an unemployment rate of 5.5%. The US average is 6.0%.
Alton has seen the job market decrease by -1.0% over the last year. Future job growth over the next ten years is predicted to be 16.6%, which is lower than the US average of 33.5%.
Tax Rates for Alton
- The Sales Tax Rate for Alton is 8.2%. The US average is 7.3%.
- The Income Tax Rate for Alton is 5.9%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Alton
- The average income of a Alton resident is $12,002 a year. The US average is $28,555 a year.
- The Median household income of a Alton resident is $38,828 a year. The US average is $69,021 a year.