West Alton, MO Economy


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West Alton, MO is a charming town situated on the banks of Mississippi river. It is known for its low cost of living with affordable rent being only $1,020 for2 bedroom apartments. This is considerably lower than the US average of $1,430 for 2 bedroom apartments. In addition to low housing costs, West Alton also has an attractive grocery cost index at 94 compared to the US average of 100. All this makes West Alton a great town to live in and visit! It is home to many local businesses such as Alpine Marina and River Bluffs Marina which offer residents fishing, boating and kayaking opportunities along with camping options. For those looking for a quiet place with low cost of living, West Alton could be a perfect option.

West Alton has an unemployment rate of 3.4%. The US average is 6.0%.

West Alton has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 31.4%, which is lower than the US average of 33.5%.

Tax Rates for West Alton
- The Sales Tax Rate for West Alton is 7.0%. The US average is 7.3%.
- The Income Tax Rate for West Alton is 5.9%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for West Alton
- The average income of a West Alton resident is $23,636 a year. The US average is $28,555 a year.
- The Median household income of a West Alton resident is $90,536 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWest Alton, MissouriUnited States
  3.46
  -4.8%-6.2%
  31.4%33.5%
  7.0%6.2%
  5.4%4.6%
  $33,380$37,638
  $90,536$69,021
  $96,111$85,028
  Population by Occupation
  2.3%1.2%
  0.0%0.5%
  14.4%6.8%
  3.1%10.0%
  0.8%2.5%
  9.3%11.0%
  7.8%4.8%
  0.0%0.8%
  0.8%1.9%
  0.0%4.7%
  1.2%1.9%
  0.0%7.6%
  0.0%0.1%
  3.9%4.2%
  7.0%9.3%
  28.4%14.0%
  3.5%2.1%
  5.1%7.0%
  8.6%4.8%
  3.9%4.7%
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