Altoona, PA Metro Area is an affordable place to live and work. The average cost for a two-bedroom rental in the area is just $920 a month, which is much cheaper than the US average of $1,430. Groceries are also more affordable here as the Grocery Cost Index is 100 versus 100 in the US. In the Altoona area there are many local businesses such as Sheetz convenience stores, Penn state Altoona university and many more. These businesses offer residents competitive prices when compared to other parts of the country or even those within the same state. Furthermore, it is easy to get around due to its excellent public transport system as well as having roadways that provide easy access to surrounding cities and communities. All these factors make Altoona, PA Metro Area an attractive place to live and work for all types of people.
Altoona Metro Area has an unemployment rate of 6.7%. The US average is 6.0%.
Altoona Metro Area has seen the job market decrease by -0.2% over the last year. Future job growth over the next ten years is predicted to be 21.4%, which is lower than the US average of 33.5%.
Tax Rates for Altoona Metro Area
- The Sales Tax Rate for Altoona Metro Area is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Altoona Metro Area is 4.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Altoona Metro Area
- The average income of a Altoona Metro Area resident is $23,785 a year. The US average is $28,555 a year.
- The Median household income of a Altoona Metro Area resident is $54,368 a year. The US average is $69,021 a year.