City

Altoona, FL

1 ZIP code  ·  Lake County  ·  Florida

👥2,732Population
💰$51,762Median HH Income▼ 32% below avg
🎂56.6Median Age
🏠$92,700Median Home Value▼ 67% below avg
🎓31.3%College Grads▼ 19% below avg
📊14.1%Unemployment▲ 188% above avg
People & Population (ACS 2023 — weighted avg)
♂ Male 48.2% Female 51.8% ♀

Race & Ethnicity

White: 89.8%Hispanic: 5.3%Black: 3.3%Other: 1.5%Race
White89.8%
Hispanic5.3%
Black3.3%
Other1.5%

Age Breakdown

Under 5
2%
5–17
11%
18–24
5%
25–44
16%
45–64
32%
65+
9%

Key Indicators

Median Age56.6 yrs
Avg HH Size2.17
Below Poverty20.8% ▲ 108% above avg
College Grads31.3% ▼ 19% below avg
Unemployment14.1% ▲ 188% above avg
No HS Diploma5 (0.3%)
HS Graduate856 (43.1%)
Some College295 (14.8%)
Associates210 (10.6%)
Bachelors213 (10.7%)
Graduate Degree408 (20.5%)

Education

No HS: 0.3%HS Grad: 43.1%Some College: 14.8%Associates: 10.6%Bachelors: 10.7%Graduate: 20.5%Edu
No HS0.3%
HS Grad43.1%
Some College14.8%
Associates10.6%
Bachelors10.7%
Graduate20.5%
Housing & Income

Housing Tenure

Owner: 61%Renter: 39%Tenure
Owner61.0%
Renter39.0%

Home Value Distribution

Under $50k
18%
$50k–$100k
34%
$100k–$150k
11%
$150k–$200k
10%
$200k–$300k
13%
$300k–$500k
6%
Over $500k
9%

Financials

Median HH Income$51,762 ▼ 32% below avg
Median Home Value$92,700 ▼ 67% below avg
Home/Income Ratio1.8x (nat avg ~3.5x)
Median Rent$3,501/mo
Total Housing Units1,561
Vacant Units328

Income Distribution

Under $25k
22%
$25k–$50k
17%
$50k–$75k
31%
$75k–$100k
10%
$100k–$150k
11%
$150k–$200k
3%
Over $200k
6%
Employment & Commute

How People Get to Work

Drove Alone
93%
Walked
2%
Work From Home
6%

Commute Time

Under 15 min
5%
15–30 min
43%
30–45 min
32%
Over 45 min
21%
Housing Stock

Year Built

Before 1940
0%
1940s–1950s
9%
1960s–1970s
20%
1980s–1990s
11%
2000+
59%
About Altoona, FL

Altoona is a city in Florida, located in Lake County. The city spans 1 ZIP code and is home to approximately 2,732 residents. It is an older city, with a median age of 56.6 years.

Economically, Altoona is a working-class community. The median household income of $51,762 is below the national average. Approximately 20.8% of residents live below the poverty line. The unemployment rate is 14.1%, more than double the national average.

The real estate market in Altoona is one of the more affordable housing markets in the country. Median home values stand at $92,700, which is well below the national average. Renters typically pay around $3,501 per month. Homeownership is high at 61.0%, typical of suburban and family-oriented communities.

The population of Altoona is moderately educated. 31.3% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (89.82%).

Altoona, FL offers residents a cost-conscious lifestyle within Florida.

ZIP Codes in Altoona
ZIPPopulationMedian IncomeMedian HomeMedian RentUnemp.CollegeOwner Occ.
32702 2,732 $51,762 $92,700 $3,501 14.1% 31.3% 61.0%