Alton, IA is a small town located in the state of Iowa. It has a population of approximately 2,000 people and is known for its friendly people and family-friendly atmosphere. The average rent for a two bedroom apartment in Alton is $810 per month which is much lower than the national average of $1,430. Additionally, grocery costs in Alton are 96% of the national index which makes it an affordable place to live. There are several local businesses that make up the Alton economy including A&A Auto Repair, Baker's Hardware & Supply Co., Larkins Electric Company, and Carney Construction & Excavating. These businesses provide employment and services to Alton residents and contribute to the health of the local economy.
Alton has an unemployment rate of 3.0%. The US average is 6.0%.
Alton has seen the job market decrease by -3.4% over the last year. Future job growth over the next ten years is predicted to be 24.1%, which is lower than the US average of 33.5%.
Tax Rates for Alton
- The Sales Tax Rate for Alton is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Alton is 9.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Alton
- The average income of a Alton resident is $37,799 a year. The US average is $37,638 a year.
- The Median household income of a Alton resident is $87,500 a year. The US average is $69,021 a year.