Altona, IL is a quaint town located in the American Midwest. With a population of under 3,000 people, Altona is the perfect place for anyone looking to escape the hustle and bustle of city life. The average rent for a 2-bedroom apartment is $830, much lower than the US average of $1,430. Furthermore, the cost of groceries in Altona is 91 compared to the US index of 100 which means more money saved for other things.
Altona has many great local businesses and attractions that make it an enjoyable place to live. A few popular companies are Altona Lumber Co., Pizza Perfection and Bill's Variety Store where you can find any type of household item you need. For recreation there's Cedar Creek Nature Park with plenty of hiking trails and picnic spots as well as Mount Morris Dam & Recreation Area which offers fishing spots and camping grounds. Whether you're looking for relaxation or adventure, Altona has something for everyone!
Altona has an unemployment rate of 7.5%. The US average is 6.0%.
Altona has seen the job market decrease by -0.9% over the last year. Future job growth over the next ten years is predicted to be 16.6%, which is lower 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 5.0%. 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 $20,210 a year. The US average is $28,555 a year.
- The Median household income of a Altona resident is $66,944 a year. The US average is $69,021 a year.