24520 Alton, VA is a great place to live with a low cost of living. The average rent for a two-bedroom apartment in Alton is $790 compared to the US average of $1,430. Grocery costs also remain low in Alton with an index of 92 compared to the US average of 100. This means that groceries are 8% cheaper than the national average. Local companies in Alton include Virginia State Parks, Arrington Nursery and Country Store, and T's Corner Barbeque. Residents in 24520 Alton can rest assured knowing they will enjoy low prices across all areas while still having access to great local businesses that make life enjoyable.
Alton (zip 24520) has an unemployment rate of 5.9%. The US average is 6.0%.
Alton (zip 24520) 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 22.6%, which is lower than the US average of 33.5%.
Tax Rates for Alton (zip 24520)
- The Sales Tax Rate for Alton (zip 24520) is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Alton (zip 24520) is 5.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Alton (zip 24520)
- The average income of a Alton (zip 24520) resident is $21,673 a year. The US average is $28,555 a year.
- The Median household income of a Alton (zip 24520) resident is $39,589 a year. The US average is $69,021 a year.