Altoona, FL (32702) is a small city in Central Florida. It features a mix of residential homes and businesses, with a population of just over 4,200 people. The average two bedroom rent in Altoona is $1,320 compared to the US average of $1,430. Grocery costs are also more affordable in Altoona at an index rate of 98 compared to the national index of 100.
Some popular local companies include Mayco Construction, T&S Industries and Rancho Grande Mexican Restaurant. Altoona also has plenty of amenities and attractions nearby including Kelly Park Rock Springs Run Preserve which offers kayaking and tubing experiences on the Wekiva River and Central Florida Zoo & Botanical Gardens for families to explore native wildlife.
Altoona (zip 32702) has an unemployment rate of 5.3%. The US average is 6.0%.
Altoona (zip 32702) has seen the job market decrease by -10.2% over the last year. Future job growth over the next ten years is predicted to be 51.2%, which is higher than the US average of 33.5%.
Tax Rates for Altoona (zip 32702)
- The Sales Tax Rate for Altoona (zip 32702) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Altoona (zip 32702) is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Altoona (zip 32702)
- The average income of a Altoona (zip 32702) resident is $29,809 a year. The US average is $37,638 a year.
- The Median household income of a Altoona (zip 32702) resident is $45,000 a year. The US average is $69,021 a year.