Economy in Altoona, Iowa
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Economy
| Unemployment Rate | 6.70% | 9.10% |
| Recent Job Growth | 0.36% | -0.12% |
| Future Job Growth | 34.02% | 31.25% |
| Sales Taxes | 6.00% | 6.80% |
| Income Taxes | 8.98% | 6.25% |
| Income per Cap. | $25,441 | $27,067 |
| Household Income | $61,195 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 6.23% | 12.10% |
| Income between 15K and 25K | 8.29% | 10.18% |
| Income between 25K and 35K | 10.43% | 10.56% |
| Income between 35K and 50K | 13.29% | 14.98% |
| Income between 50K and 75K | 26.44% | 19.53% |
| Income between 75K and 100K | 18.30% | 12.52% |
| Income between 100K and 150K | 14.87% | 12.14% |
| Income between 150K and 250K | 1.39% | 3.91% |
| Income between 250K and 500K | 0.68% | 3.34% |
| Income greater than 500K | 0.09% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 15.36% | 13.81% |
| Professional and Related Occupations | 20.52% | 22.68% |
| Service | 11.27% | 14.51% |
| Sales and Office | 33.33% | 25.22% |
| Farming, Fishing, and Forestry | 0.18% | 0.68% |
| Construction, Extraction, and Maintenance | 5.91% | 9.37% |
| Production, Transportation, and Material Moving | 15.41% | 15.86% |
The unemployment rate in Altoona, IA, is 6.70%, with job growth of 0.36%. Future job growth over the next ten years is predicted to be 34.02%.
Altoona, IA Taxes
Altoona, IA,sales tax rate is 6.00%. Income tax is 8.98%.
Altoona, IA Income and Salaries
The income per capita is $25,441, which includes all adults and children. The median household income is $61,195.
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