Living in Altoona, Alabama
Cost of living, income, home prices, rent and demographics of Altoona · Census data 2020–2024
Altoona has 1,252 residents with a median age of 40.9. The median household income is $43,056 (33% lower than the Alabama median), the median home value is $114,100, the median rent is $380/month.
Altoona is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Altoona at a glance
- Population
- 1,252
- Median age
- 40.9State: 39.3
- Median household income
- $43,056State: $63,999
- Median home value
- $114,100State: $209,900
- Median rent
- $380/moState: $1,007
- Homeowners
- 65.4%
- Bachelor's degree or higher
- 7.7%
- Average commute
- 29 min
Is Altoona a good place to live?
Pros: Home values 46% lower than the state median.
Cons: Median household income 33% lower than the Alabama median; an average commute of 29 minutes; unemployment of 6.7%; a poverty rate of 23.2%.
The weather is best in April–May and September–October.
Cost of living in Altoona
Housing is the biggest part of the cost of living. In Altoona the median home value is $114,100, 66% lower than the U.S. median. Renters pay a median of $380 per month, which is 19.7% of household income. Homeowners with a mortgage pay $1,068 a month in housing costs.
Altoona median household income
The median household income in Altoona is $43,056 and the income per person is $24,483. 23.2% of residents live below the poverty line (Alabama: 15.6%).
Housing in Altoona: homes for sale and rent
- Housing units
- 554
- Owner-occupied
- 65.4%
- Renter-occupied
- 34.6%
- Vacant
- 18.1%Includes seasonal homes
- Median year built
- 1974
- Average household size
- 2.67
Altoona demographics
- Population
- 1,252
- Median age
- 40.9
- Under 18
- 13.5%
- 65 and older
- 21%
- Households
- 454
- Foreign-born
- 1.6%
- Veterans
- 3.6%Adults 18+
Hispanic or Latino can be of any race. Population history of Altoona ›
Education in Altoona
7.7% of adults 25 and older in Altoona have a bachelor's degree or higher (Alabama: 28.4%), and 0.7% have a graduate or professional degree.
Jobs and commute in Altoona
- Unemployment rate
- 6.7%State: 4.7%
- Average commute
- 29 minState: 26 min
- Work from home
- 5.2%
- Drive alone
- 90.8%
- Public transit
- 0.4%
- Walk to work
- 0%
- Homes with broadband
- 93.4%
Altoona vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Altoona | 1,252 | $43,056 | $114,100 | $380 |
| Walnut Grove | 896 | $40,089 | $131,100 | $550 |
| Gallant | 1,081 | $55,130 | $99,200 | — |
| Susan Moore | 1,336 | $84,554 | $119,600 | $917 |
| Snead | 1,247 | $48,509 | $175,200 | $631 |
| New Union | 996 | $43,462 | $168,000 | — |
| Egypt | 616 | $37,250 | $207,600 | — |
| Douglas | 1,113 | $62,000 | $175,400 | $905 |
| Ivalee | 809 | $41,198 | $140,600 | $714 |
More for people moving to Altoona
Altoona ZIP code ›Weather and climate ›Living in Altoona: FAQ
What is the median household income in Altoona, AL?
The median household income in Altoona is $43,056, 33% lower than the Alabama median of $63,999 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Altoona?
The median home value in Altoona is $114,100, compared with $209,900 in Alabama.
How much is rent in Altoona?
The median gross rent in Altoona is $380 per month, about 19.7% of household income.
Is Altoona, AL a good place to live?
Pluses: home values 46% lower than the state median. Minuses: median household income 33% lower than the Alabama median; an average commute of 29 minutes; unemployment of 6.7%; a poverty rate of 23.2%.
What is the median age in Altoona?
The median age in Altoona is 40.9 years (Alabama: 39.3).
How long is the commute in Altoona?
The average commute to work in Altoona is 29 minutes; 5.2% of workers work from home.
What is the unemployment rate in Altoona?
The unemployment rate in Altoona is 6.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Altoona?
7.7% of adults in Altoona have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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