Altamont, NY is a suburban town located in upstate New York. It is known for its family-friendly atmosphere and affordable housing with two bedroom rent at around $1,450. Besides the great housing prices, Altamont also offers a low Grocery Cost Index of 105 compared to 100 across the US. This can be attributed to the local businesses that call Altamont home such as Acme Supermarket, which sells fresh produce and grocery items at competitive prices. Other popular businesses include Bartlett's Bar & Grill offering delicious American cuisine and The Great Escape Room for all your entertainment needs. All these businesses have helped create a vibrant community in Altamont making it an ideal place for those looking for an affordable yet enjoyable place to live.
Altamont has an unemployment rate of 5.7%. The US average is 6.0%.
Altamont has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 26.2%, which is lower than the US average of 33.5%.
Tax Rates for Altamont
- The Sales Tax Rate for Altamont is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Altamont is 6.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Altamont
- The average income of a Altamont resident is $36,713 a year. The US average is $28,555 a year.
- The Median household income of a Altamont resident is $87,500 a year. The US average is $69,021 a year.