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Altoona, IA

Full City Profile · Iowa · Polk County County

3.5 /5.0
B+ Good
20,592 Population 1,547/sq mi density
$87,123 Median Income $41,907 per capita
$257,300 Home Value $317,292 Zillow
$1,203 Median Rent 25.1% income on rent
50°F Avg Temperature 275 sunny days/yr
119 Violent Crime/100K 2,989 property/100K
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.3 / 5.0
$87,123 median income, 4.8% unemployment
A+
Affordability
5.0 / 5.0
$257,300 home value, $1,203/mo rent
F
Safety
1.0 / 5.0
119 violent crimes/100K
B+
Education
3.6 / 5.0
32.6% bachelor's degree or higher

Income Overview

Median Household Income
$87,123
16% above
US avg: $75,149
Per Capita Income
$41,907
7% above
US avg: $39,052
Unemployment Rate
4.8%
33% above
US avg: 3.6%
Poverty Rate
3.8%
69% below
US avg: 12.4%

Income Comparison: Altoona vs. U.S. Average

Each bar shows Altoona’s value as a percentage of the national average (100% line = U.S. avg)

Median Household
US: $75,149
$87,123
116%
Per Capita
US: $39,052
$41,907
107%
IRS Avg AGI
US: $72,000
$93,610
130%
Avg Weekly Wage
US: $1,432
$1,395
97%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,395
3% below US avg ($1,432)
Mean Commute Time
24 min
15% below US avg (28 min)
Work From Home
12.7%
16% below US avg (15.2%)
Drive Alone
79.6%
9% above US avg (73.2%)
Public Transit
0.5%
90% below US avg (5.0%)
County GDP
$63,823M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 79.6%
Public Transit 0.5%
Work From Home 12.7%
Other 7.2%
Average commute time
24 minutes
US avg: 28 min

Business Landscape

Total Establishments
20,581
Restaurants
1,227
Healthcare
1,513
Retail
1,606
Manufacturing
341

Tax & Financial

IRS Avg Adjusted Gross Income
$93,610
30% above US avg ($72,000)
Avg Property Tax
$6,943
98% above US avg ($3,500)
Cost of Living Index
87.8
Below national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$87,123
Per Capita Income$41,907
IRS Avg Adjusted Gross Income$93,610
Avg Weekly Wage$1,395
County GDP$63,823M

Hardship Indicators

Unemployment Rate4.8%
Poverty Rate3.8%
Gini Coefficient0.433
Cost of Living Index87.8

Commute

Mean Commute24 minutes
Drive Alone79.6%
Public Transit0.5%
Work From Home12.7%

Businesses

Total Establishments20,581
Restaurants1,227
Healthcare1,513
Retail1,606
Manufacturing341

Tax

IRS Avg AGI$93,610
Avg Property Tax$6,943