Altoona, IA is a vibrant community with a population of approximately 50,009. This city offers many cultural amenities such as the Adventureland amusement park for family fun, the Bass Pro Shops Outdoor World for outdoor activities and the nearby Des Moines art museum. The cost of living in Altoona is relatively low compared to other areas with 2 bedroom rent averaging $1,080 versus $1,430 in the US. Grocery costs are also comparatively low with a grocery cost index of 99 compared to 100 in the US. There are plenty of local businesses and restaurants in Altoona ranging from small family-owned stores to big chains like Hy-Vee and Target. Local favorites include places like El Charro Mexican Restaurant and Smokey Row Coffee Company. There are also many outdoor recreation options such as Gray’s Lake Park and Sugar Bottom Recreational Area for camping and hiking. Altoona is also home to several historical sites such as the John R Lacey House Museum, Waverly Rail Depot and the Mott Building Museum Complex. All these features make Altoona an attractive place to live with its low cost of living and diverse range of entertainment options.
Altoona (zip 50009) has an unemployment rate of 4.6%. The US average is 6.0%.
Altoona (zip 50009) has seen the job market decrease by -6.0% over the last year. Future job growth over the next ten years is predicted to be 35.9%, which is higher than the US average of 33.5%.
Tax Rates for Altoona (zip 50009)
- The Sales Tax Rate for Altoona (zip 50009) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Altoona (zip 50009) is 9.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Altoona (zip 50009)
- The average income of a Altoona (zip 50009) resident is $36,970 a year. The US average is $37,638 a year.
- The Median household income of a Altoona (zip 50009) resident is $84,204 a year. The US average is $69,021 a year.