Altha, FL is a small rural town located in Calhoun County. It is known for its natural beauty, with a variety of parks and outdoor activities available to residents. The cost of living in Altha is fairly low compared to other areas of the state, as evidenced by the two-bedroom rent being only $840 compared to the national average of $1,430. Grocery costs are also cheaper in Altha than elsewhere in the US, with an index rating of 94 compared to 100 nationwide.
The town has many local businesses that help to support the area’s economy including Altha Farm Supply, Donnie's Country Store and Grill, and Southern Outdoors & More. Local restaurants such as The Fish Shack provide delicious meals at affordable prices. Overall, Altha is an excellent option for those looking for a quieter lifestyle while still enjoying access to modern amenities.
Altha has an unemployment rate of 4.8%. The US average is 6.0%.
Altha has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 28.7%, which is lower than the US average of 33.5%.
Tax Rates for Altha
- The Sales Tax Rate for Altha is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Altha 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 Altha
- The average income of a Altha resident is $14,686 a year. The US average is $28,555 a year.
- The Median household income of a Altha resident is $25,625 a year. The US average is $69,021 a year.