62024 East Alton, IL is a small town located in Madison County with great amenities for families. The 2 bedroom rent here is $860 which is much lower than the US average of $1,430. The Grocery Cost Index in this area is 93 compared to the US average of 100 making groceries more affordable here as well. There are several local companies such as Donnewald Distributing Co., AAR, Inc., and Lowe Petroleum Corporation that are based out of East Alton, IL providing a variety of services from construction to distribution. In conclusion, living in 62024 East Alton, IL can be an inexpensive yet comfortable place for you and your family.
East Alton (zip 62024) has an unemployment rate of 5.4%. The US average is 6.0%.
East Alton (zip 62024) has seen the job market decrease by -6.8% over the last year. Future job growth over the next ten years is predicted to be 31.5%, which is lower than the US average of 33.5%.
Tax Rates for East Alton (zip 62024)
- The Sales Tax Rate for East Alton (zip 62024) is 6.9%. The US average is 7.3%.
- The Income Tax Rate for East Alton (zip 62024) 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 East Alton (zip 62024)
- The average income of a East Alton (zip 62024) resident is $32,119 a year. The US average is $37,638 a year.
- The Median household income of a East Alton (zip 62024) resident is $59,826 a year. The US average is $69,021 a year.