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ZIP 16602 — Business Opportunities

Altoona, PA · Local economy intelligence
Population
27,813
Median income
$51,808
Median age
41.3
Households
11,800

Top business opportunities in 16602

The highest-scored business categories to consider opening in Altoona, PA, based on demand (population, income, demographic fit) versus existing supply.

  1. 1. Laundromats 100/100
    ~3.4 businesses underserved · confidence: high
  2. 2. Toys & Games 72/100
    ~1.8 businesses underserved · confidence: high
  3. 3. Dancing School 72/100
    ~2.0 businesses underserved · confidence: high
  4. 4. Driving School 72/100
    ~2.1 businesses underserved · confidence: high
  5. 5. Music School 72/100
    ~2.5 businesses underserved · confidence: high
  6. 6. Parking Space 69/100
    ~2.7 businesses underserved · confidence: high
  7. 7. Bicycle Parking 69/100
    ~3.6 businesses underserved · confidence: high
  8. 8. Parking Entrance 69/100
    ~2.1 businesses underserved · confidence: high
  9. 9. Parking 66/100
    ~9.1 businesses underserved · confidence: high
  10. 10. Prep School 63/100
    ~1.2 businesses underserved · confidence: low

What's already here — existing business mix

The most common business categories currently operating in ZIP 16602.

Full demographic profile

Population27,813
Households11,800
Median household income$51,808
Per capita income$30,668
Median age41.3
% bachelor's degree or higher20.297%
% age 18–3419.43%
% age 65+13.037%
% renter-occupied29.296%
Median home value$116,100
Median gross rent$835
Unemployment rate6.201%

Nearby ZIPs in PA

16117 Ellwood City · 16116 Edinburg · 16114 Clarks Mills · 16113 Clark · 16112 Bessemer · 16111 Atlantic

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