| ZIP Code | 32702 |
|---|---|
| City | Altoona |
| State | Florida (FL) |
| County | Lake County |
| Area Code | 352 |
| Elevation | 70 ft |
| Latitude | 29.044189 |
|---|---|
| Longitude | -81.627473 |
| Timezone | New York (DST) |
| FIPS | 12069 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 56.6 yrs ↑ 4% since 2019 |
|---|---|
| Avg Household Size | 2.17 |
| Below Poverty | 20.8% ▲ 108% above avg |
| College Grads | 31.3% ▼ 19% below avg |
| Unemployment | 14.1% ▲ 188% above avg |
| No HS Diploma | 5 (0.3%) |
| HS Graduate | 856 (43.1%) |
| Some College | 295 (14.8%) |
| Associates | 210 (10.6%) |
| Bachelors | 213 (10.7%) |
| Graduate Degree | 408 (20.5%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $51,762 ▼ 32% below avg ↑ 16% since 2019 |
|---|---|
| Median Home Value | $92,700 ▼ 67% below avg ↑ 57% since 2019 |
| Home/Income Ratio | 1.8x (nat avg ~3.5x) |
| Median Rent | $3,501/mo ↑ 42% since 2019 |
| Total Units | 1,561 |
| Vacant Units | 328 |
| Avg HH Size | 2.17 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 1,561 |
|---|---|
| Vacant | 328 |
| Owner Occupied | 61.0% |
| Renter Occupied | 39.0% |
| Avg HH Size | 2.17 |
ZIP code 32702 is located in Altoona, Florida, within Lake County. With a population of 2,732, this is a sparsely populated ZIP code with an older community — the median age is 56.6 years. Economically, 32702 is a working-class ZIP code: the median household income of $51,762 is below the national average.
Real estate in ZIP code 32702 represents one of the more affordable housing markets in the country. The median home value of $92,700 is well below the national average. Renters can expect to pay around $3,501 per month in median rent. Homeownership is strong here — 61.0% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 57% since 2019.
The population of 32702 is primarily White (89.82%). Residents are moderately educated — 31.3% hold a bachelor's degree or higher, which is below the national average. Poverty affects a significant share of residents at 20.8%. Household income has grown by 16% since 2019.
The unemployment rate in 32702 stands at 14.1%, which is more than double the national average. As in most parts of the country, driving alone is the dominant commute mode at 80%.
Overall, ZIP code 32702 in Altoona, FL is characterized as working-class, moderately educated, an older community, and predominantly owner-occupied. With 2,732 residents, a median household income of $51,762, and a median home value of $92,700, it offers a clear picture of life in this part of Florida.