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Altoona, Iowa

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
21,495
Population
$86,114
Median Income
$274,600
Home Value
36.1
Median Age

Demographics

Altoona has a population of 21,495 with a median age of 36.1. Here is the racial and ethnic breakdown of the population:

White
85.1%
Hispanic
6.5%
Black
5.2%
Asian
2.1%
Other
1.1%
Demographic Value
Total Population21,495
Median Age36.1
White85.1%
Black or African American5.2%
Asian2.1%
Hispanic or Latino6.5%
Other / Two or More Races1.1%
Altoona, Iowa — racial composition (Census ACS 2024)Donut chart of 5 segments totaling 100.White: 85.1%Hispanic/Latino: 6.5%Black: 5.2%Asian: 2.1%Other: 1.1%21,495PopulationWhiteWhite85.1%Hispanic/LatinoHispanic/Latino6.5%BlackBlack5.2%AsianAsian2.1%OtherOther1.1%

Income & Economy

The median household income in Altoona is $86,114, which is 6.8% above the national median of $80,610. The per capita income is $42,593. The poverty rate is 8.3%.

$86,114
Median Household Income
$42,593
Per Capita Income
8.3%
Poverty Rate

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Education

In Altoona, 96.2% of residents age 25+ have a high school diploma or higher, and 33.5% hold a bachelor's degree or higher (10.4% with a graduate or professional degree).

HS Diploma+
96.2%
Bachelor's+
33.5%
Graduate+
10.4%
Education Level % of Adults (25+)
High School Diploma or Higher96.2%
Bachelor's Degree or Higher33.5%
Graduate or Professional Degree10.4%

Housing

The median home value in Altoona is $274,600, below the national median of $303,400. The median monthly rent is $1,235. The homeownership rate is 68.7%.

$274,600
Median Home Value
$1,235/mo
Median Rent
68.7%
Homeownership Rate
Housing Metric Value
Median Home Value$274,600
Median Monthly Rent$1,235
Homeownership Rate68.7%
Vacancy Rate3.2%

Salaries in Iowa

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Frequently Asked Questions

What is the population of Altoona, Iowa?
The population of Altoona, Iowa is 21,495 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Altoona, Iowa?
The median household income in Altoona, Iowa is $86,114. This is 6.8% above the national median of $80,610.
What is the median home value in Altoona, Iowa?
The median home value in Altoona, Iowa is $274,600. The median monthly rent is $1,235.
What percentage of people in Altoona have a college degree?
In Altoona, Iowa, 33.5% of adults age 25 and older hold a bachelor's degree or higher, and 96.2% have a high school diploma or higher.
Is Altoona, Iowa an affordable place to live?
The home price-to-income ratio in Altoona, Iowa is 3.2x (median home value $274,600 vs. median income $86,114), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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