Zip 83414 (Alta, WY) Economy


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Alta, Wyoming (83414) is an unincorporated rural area in Teton County that has a population of roughly 500 people. The 2 bedroom rent in Alta is significantly higher than the national average at $3030 compared to just $1430 nationally. The grocery cost index in Alta is also much higher than the US average at 105 versus 100.
The economy of Alta relies heavily on tourism with local businesses catering to visitors and seasonal workers alike. Companies such as Grand Targhee Resort and Adventure Sports Teton Valley are two popular tourist attractions based in Alta that provide jobs for locals while simultaneously boosting the local economy. Additionally, the town hosts several locally owned stores such as Dave's Market Place for groceries, Gaslight Liquors for beverages, and The Cowboy Country Cafe for food and lodgings, making it a great destination all year round.

Alta (zip 83414) has an unemployment rate of 4.2%. The US average is 6.0%.

Alta (zip 83414) 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 (zip 83414)
- The Sales Tax Rate for Alta (zip 83414) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Alta (zip 83414) 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 (zip 83414)
- The average income of a Alta (zip 83414) resident is $54,245 a year. The US average is $37,638 a year.
- The Median household income of a Alta (zip 83414) resident is $89,408 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAlta, WyomingUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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