Altona, IL (zip code 61414) is a small town located in Henry County in the state of Illinois. Its affordable cost of living makes it an attractive destination for people looking to save money. The average two bedroom rent is $800 compared to the US average of $1,430. Additionally, the grocery cost index in Altona is 91 versus 100 in the US. This is great for those looking to stretch their dollar further while still enjoying a wide variety of local businesses. Some local companies include Reese's Roofing & Home Improvement, Westwood Quality Meats, and Henning Family Chiropractic. Each of these businesses offer high quality services or products that residents and visitors alike can appreciate.
Altona (zip 61414) has an unemployment rate of 7.5%. The US average is 6.0%.
Altona (zip 61414) has seen the job market decrease by -7.1% over the last year. Future job growth over the next ten years is predicted to be 16.6%, which is lower than the US average of 33.5%.
Tax Rates for Altona (zip 61414)
- The Sales Tax Rate for Altona (zip 61414) is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Altona (zip 61414) is 5.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Altona (zip 61414)
- The average income of a Altona (zip 61414) resident is $32,164 a year. The US average is $37,638 a year.
- The Median household income of a Altona (zip 61414) resident is $77,574 a year. The US average is $69,021 a year.