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Altoona city, PA
ZIP 16602 — Economy & Jobs
Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.
Working ClassLow Snow Area
Income, employment, industries, and economic trends
Income & Economy in Altoona city, PA (16602)
Median Income
$53,097
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+1,230
Wealth inflow
Population
27,014
Unemployment
6.7%
3.0pp above US avg
IRS migration statistics show a net inflow of about 1,230 for ZIP 16602 (Altoona city, PA) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.
Historical Trends in 16602 (2020–Present)
Since 2020, population declined 5.6%, median income rose 4.4% (inflation-adjusted), home values increased 1.3%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $53,097 |
| Unemployment | 6.7% |
| Establishments | 1,016 |
| Employees | 17,909 |