Alta, WY is a charming town located in western Wyoming. The population is small but the sense of community is strong. The cost of living in Alta is higher than in other places due to higher housing costs such as 2 bedroom rent which averages at $3,050 compared to the US average of $1,430. Grocery prices are also higher with an index of 105 compared to 100 in the US. There are a number of local businesses that make up Alta's economy including Rocky Mountain Power, Grand Targhee Resort, Togwotee Snowmobiles and Outfitters, and Alta Trading Post. All these businesses contribute to making Alta an attractive place to live or visit.
Alta has an unemployment rate of 4.2%. The US average is 6.0%.
Alta has seen the job market decrease by -7.9% over the last year. Future job growth over the next ten years is predicted to be 34.2%, which is higher than the US average of 33.5%.
Tax Rates for Alta
- The Sales Tax Rate for Alta is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Alta 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 Alta
- The average income of a Alta resident is $61,944 a year. The US average is $37,638 a year.
- The Median household income of a Alta resident is $121,250 a year. The US average is $69,021 a year.