Alamo Lake, AZ is an area known for its affordability. It has two bedroom rental homes for under $1000 a month, while the US average for rent is around $1430. Additionally, Alamo Lake's grocery cost index is 93 compared to the US average of 100. This makes it a great place to settle in with a more affordable cost of living than most other areas. Some local companies in Alamo Lake, AZ include Verde Valley Medical Center, Walmart Supercenter and Grand Canyon National Park Airport. With its cheaper rent prices and lower grocery costs, Alamo Lake provides a great environment for individuals who want to stretch their financial resources further.
Alamo Lake has an unemployment rate of 6.5%. The US average is 6.0%.
Alamo Lake has seen the job market decrease by -4.4% over the last year. Future job growth over the next ten years is predicted to be 42.6%, which is higher than the US average of 33.5%.
Tax Rates for Alamo Lake
- The Sales Tax Rate for Alamo Lake is 7.6%. The US average is 7.3%.
- The Income Tax Rate for Alamo Lake is 4.2%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Alamo Lake
- The average income of a Alamo Lake resident is $92,700 a year. The US average is $37,638 a year.
- The Median household income of a Alamo Lake resident is $0 a year. The US average is $69,021 a year.