Altona, IN is a small town located in Pike County. It has a population of less than 500 people and is known for its quaint charm. The cost of living in Altona, IN is quite affordable compared to the US average. For example, the average 2 bedroom rent in Altona is $830 compared to the US average of $1,430. Additionally, the Grocery Cost Index in Altona is 91 versus 100 in the US. Local businesses that are popular include Del’s Trailers & Truck Accessories, Robert Higgs Insurance Agency, Old West End Grocery & Repair, and Signature Dry Cleaners. All these businesses provide residents with quality goods and services at an affordable price which makes living in Altona even more desirable.
Altona has an unemployment rate of 3.7%. The US average is 6.0%.
Altona has seen the job market decrease by -6.6% over the last year. Future job growth over the next ten years is predicted to be 35.6%, which is higher than the US average of 33.5%.
Tax Rates for Altona
- The Sales Tax Rate for Altona is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Altona is 4.7%. 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 $20,161 a year. The US average is $37,638 a year.
- The Median household income of a Altona resident is $55,893 a year. The US average is $69,021 a year.