16602, Altoona, PA

The 16602 zip code of Altoona, PA has a population of around 36,000 people. The median household income in the zip code is around $50,000 which is lower than the national median household income of $53,046. The homeownership rate in the zip code is around 63% which is lower than the national homeownership rate of 68%. Around 29% of households in the zip code are considered to be in poverty.

The average home value in the 16602 zip code is around $130,000 which is higher than the national average home value of $127,500. Around 49% of homes in the zip code are considered to be owner-occupied while 51% are considered to be rented. The percentage of homes that are vacant in the 16602 zip code is around 9%.

There have been a number of recent changes to home prices and home equity values within the 16602 zip code. In March 2018, there was a decrease in home prices by 2.5%. This was likely due to low demand and increasing interest rates across all markets. In October 2017, there was an increase in home prices by 3%. This likely reflected an increase in demand for properties within this market as well as increased interest rates across all markets. In July 2017, there was a decrease in home prices by 1%. This likely reflected decreasing demand and increasing interest rates across all markets.