Altoona, Wisconsin is a small city located in Eau Claire County, with a total estimated population of 12,586. This city is known for its affordable housing and living costs. The average cost of rent for a two bedroom apartment in Altoona is only $910 per month compared to the national average of $1,430. Groceries are also quite inexpensive in Altoona; the grocery cost index is 94 compared to 100 in the US. \nLocal companies located in Altoona include Weis Builders who specialize in custom built homes and structures, as well as Eau Claire Electric Inc., which provides electrical services to business owners and homeowners throughout Wisconsin. Both businesses have been contributing to the growth of Altoona for many years.
Altoona has an unemployment rate of 4.1%. The US average is 6.0%.
Altoona has seen the job market decrease by -3.1% over the last year. Future job growth over the next ten years is predicted to be 34.0%, which is higher than the US average of 33.5%.
Tax Rates for Altoona
- The Sales Tax Rate for Altoona is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Altoona is 6.3%. 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 $31,959 a year. The US average is $37,638 a year.
- The Median household income of a Altoona resident is $61,598 a year. The US average is $69,021 a year.