Alamo, Indiana is a wonderful small town community located in the northwest corner of the state. It is known for its friendly atmosphere and family-oriented values. The population of Alamo is around 1,000 people, making it a great place to raise a family or retire. Renting a two bedroom home will cost you only $780, compared to the national average of $1,430. Grocery prices are also quite affordable with an index score of 88 compared to the US average score of 100. With such low costs for basic living expenses, Alamo is an attractive place to live for those looking for a more affordable lifestyle.
Alamo offers residents many great local businesses as well. Notable spots include the Allen's Family Restaurant & Bakery which serves classic American cuisine and delicious baked goods; Mark Givens Garage which provides repair services for cars; and Stalkers Flea Market which offers antiques and collectibles at fair prices. With these and other places in town, Alamo offers its residents plenty of options when it comes to shopping and getting their day-to-day needs taken care of.
Overall, Alamo provides those who live there with low costs for rent and groceries along with plenty of local businesses to meet any need they may have. This makes it an ideal location for those looking for an affordable yet comfortable place to call home.
Alamo has an unemployment rate of 3.6%. The US average is 6.0%.
Alamo has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 24.5%, which is lower than the US average of 33.5%.
Tax Rates for Alamo
- The Sales Tax Rate for Alamo is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Alamo is 5.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Alamo
- The average income of a Alamo resident is $17,305 a year. The US average is $28,555 a year.
- The Median household income of a Alamo resident is $47,917 a year. The US average is $69,021 a year.