Altona, CO Economy


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Altona, CO is a small community located in Colorado that offers its residents a unique mix of rural charm and small-town appeal. The rental prices for two bedroom apartments come in at $2,050, which is higher than the national average of $1,430. In addition to this, grocery costs in Altona are also slightly higher with an index of 109 compared to 100 nationally. Popular local companies include Altona's Distillery & Brewpub which is known for its craft beer selection and the Pie Pan restaurant which serves up delicious homemade pizzas. All in all, while the cost of living may be slightly higher than the US average, Altona provides a pleasant small-town atmosphere that many have come to love.

Altona has an unemployment rate of 5.5%. The US average is 6.0%.

Altona has seen the job market increase by 2.7% over the last year. Future job growth over the next ten years is predicted to be 44.6%, which is higher than the US average of 33.5%.

Tax Rates for Altona
- The Sales Tax Rate for Altona is 8.8%. The US average is 7.3%.
- The Income Tax Rate for Altona is 4.6%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Altona
- The average income of a Altona resident is $42,150 a year. The US average is $28,555 a year.
- The Median household income of a Altona resident is $196,705 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAltona, ColoradoUnited States
  5.56
  -5.3%-6.2%
  44.6%33.5%
  5.0%6.2%
  4.6%4.6%
  $155,770$37,638
  $196,705$69,021
  $250,001$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  12.1%6.8%
  14.7%10.0%
  5.1%2.5%
  4.8%11.0%
  6.7%4.8%
  0.0%0.8%
  3.8%1.9%
  17.2%4.7%
  3.8%1.9%
  13.1%7.6%
  0.0%0.1%
  13.7%4.2%
  0.0%9.3%
  4.5%14.0%
  0.0%2.1%
  0.6%7.0%
  0.0%4.8%
  0.0%4.7%
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