Alton, SD is a small city located in the southeastern region of South Dakota. It has an estimated population of just over 500 people and offers a low cost of living compared to the US average. Rent for a two bedroom apartment is around $890, significantly lower than the national average of $1,430. Groceries are also less expensive here with a grocery cost index of 99 versus 100 in the US.
Local businesses in Alton include AKM Trucking, The Alton Cafe & Bakery, Alton Farm Supply, Marc’s Automotive Repair and Little Country Daycare. The city also hosts several annual events such as Walleye Days Fest and South Dakota Chautauqua Festival which attract tourists from all over the country.
Alton has an unemployment rate of 3.1%. The US average is 6.0%.
Alton has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 29.6%, which is lower than the US average of 33.5%.
Tax Rates for Alton
- The Sales Tax Rate for Alton is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Alton is 0.0%. 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 $33,512 a year. The US average is $28,555 a year.
- The Median household income of a Alton resident is $75,714 a year. The US average is $69,021 a year.