Alamo, ND is a small town in the United States with a population of just over 500 people. It is known for its low cost of living compared to other places in the US. The average two bedroom rent is around $1,040, while the national average is $1,430. Similarly, Alamo’s grocery cost index is 94 compared to 100 nationally. This makes it an attractive place for those looking to save money. \nLocal companies include Alamo Country Store & Cafe, Rodeo Burger Bar & Grill LLC, and Rocking Horse Bakery. Residents can find all their needs taken care of by these local businesses as well as those found within a short drive away. There are plenty of activities to do in Alamo such as exploring national parks or visiting nearby towns as well as outdoor recreation like hunting and fishing. All this combined with its low cost of living makes Alamo an ideal place for those looking for an affordable yet enjoyable homebase from which to explore North Dakota and beyond.
Alamo has an unemployment rate of 9.0%. The US average is 6.0%.
Alamo has seen the job market decrease by -0.3% over the last year. Future job growth over the next ten years is predicted to be 2.3%, which is lower than the US average of 33.5%.
Tax Rates for Alamo
- The Sales Tax Rate for Alamo is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Alamo is 2.0%. 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 $38,387 a year. The US average is $28,555 a year.
- The Median household income of a Alamo resident is $77,500 a year. The US average is $69,021 a year.