2025 Compare Cities Economy:
Altoona, IA vs Spencer, IA

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Highlights
- Household income in Spencer, is 46% less than it is in Altoona and is 52% below the National Average.
- Altoona unemployment rate is 4.6%.
- Spencer unemployment rate is 4.0%.
 Altoona, IASpencer, IAUnited States
 Unemployment Rate  Unlock4.0%6.0%
 Recent Job Growth  Unlock-1.1%1.6%
 Future Job Growth35.9%  Unlock33.5%
 Sales Taxes6.0%  Unlock6.2%
 Income Taxes  Unlock7.4%4.6%
 Income per Cap.$36,264  Unlock$37,638
 Household Income  Unlock$45,313$69,021
 Family Median Income$91,980  Unlock$85,028
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 Est. Households By Income
 Altoona, IASpencer, IAUnited States
 Income Less Than 15K  Unlock10.8%9.4%
 Income between 15K and 20K0.7%  Unlock3.8%
 Income between 20K and 30K  Unlock14.0%8.1%
 Income between 30K and 40K6.5%  Unlock8.0%
 Income between 40K and 50K  Unlock10.0%7.6%
 Income between 50K and 60K10.5%  Unlock7.2%
 Income between 60K and 75K  Unlock9.0%9.6%
 Income between 75K and 100K19.4%  Unlock12.8%
 Income between 100K and 150K  Unlock13.6%16.3%
 Income between 150K and 200K12.7%  Unlock7.8%
 Income greater than 200K  Unlock3.0%9.5%
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 Population By Occupation
 Altoona, IASpencer, IAUnited States
 Management, business, finance19.7%  Unlock16.4%
 Engineering, computers, science  Unlock2.8%6.5%
 Community, social services1.3%  Unlock1.8%
 Legal  Unlock0.2%1.2%
 Education, library6.5%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock2.2%2.0%
 Healthcare practitioners and technology5.4%  Unlock6.2%
 Healthcare support  Unlock2.1%3.3%
 Firefighters, law enforcement1.7%  Unlock2.1%
 Food preparation, serving  Unlock3.9%5.4%
 Building maintenance3.0%  Unlock3.6%
 Personal care  Unlock2.1%2.6%
 Sales, office, administrative support26.2%  Unlock20.9%
 Farming, fishing, forestry  Unlock1.4%0.6%
 Construction, extraction, maintenance/repair5.8%  Unlock8.1%
 Production, transportation, material moving  Unlock16.3%13.1%
Reviews for Altoona    0 Reviews

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Reviews for Spencer    2 Reviews

The summers in Spencer are magical. Fireflies, perfect weather, and beautiful lakes nearby. Everything here grows like a dream. Just plant it and it will grow without  More

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Over 15 years ago

Could use a few more democrats just to spice it up.  More

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