Monte Alto, TX is a small town in the United States, with an approximate population of 2,000. It is a great place to live due to its affordability and quality of life. For example, renting a two-bedroom apartment in Monte Alto is much more affordable than most other places in the US at only $800 per month compared to the average US rent of $1,430. Also, Monte Alto has a grocery cost index of 88 compared to 100 in the US making groceries more affordable as well. Additionally, this small town boasts many local companies and attractions for residents and visitors alike. Some local companies include Hansen's Auto Supply, Schoenwald's Hardware Store, and Valero Fuel Station. Popular attractions include Monte Alto Nature Park where visitors can go hiking or biking along trails with beautiful views of the lake. In addition, there are many local restaurants such as Maria's Mexican Restaurant that provide delicious traditional Mexican meals.
Monte Alto has an unemployment rate of 11.2%. The US average is 6.0%.
Monte Alto has seen the job market increase by 2.1% over the last year. Future job growth over the next ten years is predicted to be 32.2%, which is lower than the US average of 33.5%.
Tax Rates for Monte Alto
- The Sales Tax Rate for Monte Alto is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Monte Alto is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Monte Alto
- The average income of a Monte Alto resident is $10,906 a year. The US average is $28,555 a year.
- The Median household income of a Monte Alto resident is $38,419 a year. The US average is $69,021 a year.