Altoona, AL Profile: Facts & Data

The Town of Altoona had a population of 956 as of July 1, 2021. Altoona ranks in the lower quartile for Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Alabama. See peer rankings below.

The primary coordinate point for Altoona is located at latitude 34.0262 and longitude -86.3261 in Etowah County. The formal boundaries for the Town of Altoona encompass a land area of 4.32 sq. miles and a water area of 0.01 sq. miles. Etowah County is in the Central time zone (GMT -6). The elevation is 948 feet.

While the primary coordinates for Town of Altoona are located in Etowah County, it should be noted that the formal boundaries for this community also extend into and Blount County.

The Town of Altoona has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Alabama is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The Town of Altoona is located within Altoona Division of Etowah County.

Altoona, AL Data & Demographics (As of July 1, 2021)

POPULATION
Total Population	956 (100%)
Population in Households	940 (98.3%)
Population in Families	798 (83.5%)
Population in Group Quarters¹	16 ( 1.7%)
Population Density	221
Diversity Index²	13


INCOME
Median Household Income	$36,332
Average Household Income	$49,191
% of Income for Mortgage⁴	12%
Per Capita Income	$19,326
Wealth Index⁵	38

HOUSING
Total HU (Housing Units)	448 (100%)
Owner Occupied HU	277 (61.8%)
Renter Occupied HU	102 (22.8%)
Vacant Housing Units	69 (15.4%)
Median Home Value	$104,000
Average Home Value	$139,658
Housing Affordability Index³	228

HOUSEHOLDS
Total Households	379
Average Household Size	2.48
Family Households	269
Average Family Size	3

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

Altoona, AL - Peer Comparisons by Rank and Percentile

The table below compares Altoona to the other 586 incorporated cities, towns and CDPs in Alabama by rank and percentile using July 1, 2021 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

GROWTH RATE / YEAR	2010-2021	2021-2026
Population	0.22%	-0.04%
Households	0.29%	0.05%
Families	1.09%	-0.15%
Median Household Income		2.86%
Per Capita Income		3.07%
Owner Occupied HU		0.22%

Variable Description	Rank	Percentile
Total Population	# 322	45th
Population Density	# 317	46th
Median Household Income	# 454	23rd
Housing Affordability Index	# 339	58th
Per Capita Income	# 486	17th
Diversity Index	# 538	8th

Altoona, AL Profile: Facts & Data

Altoona, Alabama - Basic Facts

Altoona, AL Data & Demographics (As of July 1, 2021)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Altoona, AL - Peer Comparisons by Rank and Percentile

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