Altoona is a city in Pennsylvania state in USA with a population of 43669 residents.. The poverty rate of Altoona is 21.3%, which is 52% higher than national average. The typical household in Altoona earns $42244 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 5 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 11 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 57.3% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Altoona, only 89% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Altoona remained 6.2%, which is 32% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Altoona, only 18% of adults have a bachelor's degree and 25% have some college but no degree.

Cost of living in Altoona is 88, which is 12% lower than national average. Median home value in Altoona is $92900 , which is 60% lower than national average. While median income in Altoona remained $42244, which is 37% lower than national average.