Alto, CA is a vibrant city located in California. It has a diverse population and plenty of cultural attractions for residents to explore. The cost of living in Alto is notably higher than the US average; a two bedroom apartment rental costs $3,500 whereas the national average is $1,430. Grocery costs are also significantly higher in Alto compared to the rest of the country; it has an index of 118 versus 100 in the US. Local businesses include several tech companies such as Greenway Solutions and Block Labs, as well as retail stores like Bells and Whistles Boutique and music venues like The Happy Haunt. All these amenities make Alto an attractive place for people looking to enjoy a high standard of living with easy access to entertainment options.
Alto has an unemployment rate of 4.8%. The US average is 6.0%.
Alto has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 33.4%, which is lower than the US average of 33.5%.
Tax Rates for Alto
- The Sales Tax Rate for Alto is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Alto is 9.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Alto
- The average income of a Alto resident is $73,358 a year. The US average is $28,555 a year.
- The Median household income of a Alto resident is $185,000 a year. The US average is $69,021 a year.