Altoona, WI (zip code 54720) is a small city located near Eau Claire in Wisconsin. It has a population of around 15,000 people. Despite its small size, the city offers many diverse amenities for its citizens. The local economy is supported by major companies such as Johnson Controls and Appvion Inc. In Altoona, the average two bedroom rent is $870 which is significantly lower than the US average of $1430. Similarly, the grocery cost index in Altoona is 94 whereas it is 100 on an average in the US. This makes living in Altoona an affordable option for many people looking to move to Wisconsin.
Altoona (zip 54720) has an unemployment rate of 4.1%. The US average is 6.0%.
Altoona (zip 54720) has seen the job market increase by 0.8% 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 (zip 54720)
- The Sales Tax Rate for Altoona (zip 54720) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Altoona (zip 54720) 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 (zip 54720)
- The average income of a Altoona (zip 54720) resident is $28,062 a year. The US average is $28,555 a year.
- The Median household income of a Altoona (zip 54720) resident is $62,645 a year. The US average is $69,021 a year.