Blair County · Pennsylvania · Northeast · 43k residents
Altoona, PA: economy, jobs & business costs
The site-selection read on Altoona: labor costs, talent, corporate tax, energy, and business activity, with the Pennsylvania median as the yardstick. Compare it live against any of 3,000 US cities.
Data coverage: ACS place data; supplementary fields may use state estimates.
Average weekly wages in the surrounding labor market run $1,056/wk. Pennsylvania's corporate income tax rate is 7.99%. Commercial electricity averages 11.0¢/kWh.
Compare Altoona side by side
Avg. weekly wage
$1,056/wk
Corporate income tax
7.99%
Bachelor's degree or higher
20.5%
Commercial electricity
11.0¢/kWh
Economic momentum
How fast Altoona's economy is moving, ranked against the US cities we track.
46/100
Steady
Ranks Altoona's residential building-permit and jobs growth against the US cities we cover. The label is relative pace, not a direction, so a market can rank low while some figures still rise. A higher score moves faster, it is not cheaper or better. This is economic activity, not commercial lease rates or vacancy. Not investment or relocation advice.
| ACS median home value | $119,900 |
| Price per sq. ft. | $175 |
| Property tax rate | 1.5% |
| 1-bedroom rent | $634/mo |
| 2-bedroom rent | $795/mo |
| State & local income tax | 4.57% |
| Sales tax | 6.34% |
| Corporate income tax | 7.99% |
| Avg. weekly wage | $1,056/wk |
| Bachelor's degree or higher | 20.5% |
| Commercial electricity | 11.0¢/kWh |
| Businesses per 1k residents | 29.0/1k |
| Wage: Software developer | $101,670 |
| Wage: Registered nurse | $82,410 |
| Wage: General manager | $83,580 |
| Wage: Customer service | $37,540 |
| Wage: Warehouse worker | $34,190 |
| Wage: Heavy truck driver | $52,010 |
| Wage: Electrician | $58,620 |
| Wage: Retail salesperson | $28,370 |
| Cost of living index | 77 |
| Groceries index | 100 |
| Utilities | $180/mo |
| Transit pass | $96/mo |
| Gas price | $3.45/gal |
| Healthcare index | 100 |
| Childcare (per child) | $1,150/mo |
| Median household income | $51,250 |
| Unemployment rate | 3.4% |
| Population | 43k |
| Crime index | 40/100 |
| School rating | 6.3/10 |
| Walkability | 30/100 |
| Disaster risk | 78/100 |
| Avg. commute | 27 min |
| Sunny days / year | 180 days |
| July high | 81°F |
| January low | 19°F |
| Annual snowfall | 38 in |
| Home price YoY | +4.2% |
| Home price MoM | 0.0% |
| Rent YoY | +8.0% |
| Rent MoM | +1.3% |
| Employment (jobs) YoY | +0.6% |
| Building permits YoY | -25.0% |
| Ocean coast | 216 mi |
| Big lake | 142 mi |
| Mountains | 136 mi |
| Major airport | 96 mi |
| Ski resort | 58 mi |
Popular comparisons
Nearby
- Johnstown, PA · 18k
- State College, PA · 41k
- Chambersburg, PA · 22k
- Murrysville, PA · 21k
- Carlisle, PA · 22k
Similar size
- Wilkes-Barre, PA · 44k
- York, PA · 45k
- Harrisburg, PA · 50k
- Norristown, PA · 36k
- Levittown, PA · 51k
Real listings in Altoona
LoopNet ↗Crexi ↗CommercialCafe ↗
Links open third-party listing searches. WhereToHQ has no paid relationship with these sites.
- Is Altoona a good place to run a business?
- Pennsylvania's corporate income tax rate is 7.99%; average weekly wages in the surrounding labor market run $1,056/wk; commercial electricity averages 11.0¢/kWh. Weigh these against your own priorities in the business comparison tool.
- What is the cost of living in Altoona, PA?
- Altoona indexes at 77 for day-to-day costs against a national baseline of 100, with a typical two-bedroom renting for $795/mo and a acs median home value of $119,900.
- How much does a house cost in Altoona?
- The acs median home value in Altoona is $119,900 (Census ACS estimate; individual listings vary).
- How much is rent in Altoona?
- A two-bedroom in Altoona rents for about $795/mo.