Economy in Alma, Minnesota

Alma has an unemployment rate of 6.6%. The US average is 6.0%.

Alma has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 12.9%, which is lower than the US average of 33.5%.

Tax Rates for Alma
- The Sales Tax Rate for Alma is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Alma is 7.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Alma
- The average income of a Alma resident is $26,537 a year. The US average is $28,555 a year.
- The Median household income of a Alma resident is $48,750 a year. The US average is $53,482 a year.