Altoona, KS Economy


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United States / Kansas / No Metro Area / Wilson County / Altoona / Zip Codes
Altoona, KS is a small town located in Southeast Kansas. It is known for its affordable housing, with the average two-bedroom rent only costing $780 compared to the U.S. average of $1,430. Grocery costs are also significantly cheaper compared to the rest of the country - the cost index for Altoona, KS is 91 versus 100 in the US. Popular local companies and attractions include Big John's Bait & Tackle, Riverside Park, and the Altoona Public Library. The city is also home to numerous wineries and antique shops that make it a great destination to experience Southern Kansas culture and hospitality.

Altoona has an unemployment rate of 4.9%. The US average is 6.0%.

Altoona has seen the job market decrease by -4.8% over the last year. Future job growth over the next ten years is predicted to be 28.3%, which is lower than the US average of 33.5%.

Tax Rates for Altoona
- The Sales Tax Rate for Altoona is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Altoona is 5.7%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Altoona
- The average income of a Altoona resident is $18,110 a year. The US average is $37,638 a year.
- The Median household income of a Altoona resident is $27,429 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAltoona, KansasUnited 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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