Altoona, FL · standard

ZIP Code 32702

Lake County, Florida — Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.

2,705
18/sq mi
$50,935
Median income
$118,400
Median home value
18.1%
Bachelor's or higher

The verdict

Altoona pairs one of the lowest household incomes in the country with among the most affordable home values nationally, in a rural, homeowner-dominated area.

15th pct
household income, US ZIPs
16th pct
home value, US ZIPs
18
people per sq mi
61%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 32702 against every reporting US ZIP.

ZIP code 32702 is classified by USPS as a standard delivery area and covers roughly 147.0 square miles in Altoona, Lake County, Florida. The area is home to 2,705 residents, producing a population density of 18 people per square mile, and falls within the New York time zone. These USPS and Census boundary values drive every downstream statistic on this page, including the benchmarks that compare 32702 against Florida and the nation.

On the economic side, the median household income for ZIP 32702 sits at $50,935 (34% below the Florida average), while per-capita income is $30,855. The poverty rate stands at 20.6% and the unemployment rate at 15.0%. On housing, the median home value is $118,400 (68% below the state average) with median rent at $3,501 per month, and 60.6% of occupied units are owner-occupied, a direct signal of whether 32702 behaves more like a homeowner neighborhood or a renter-heavy ZIP.

Education and household profile round out the picture: 18.1% of adults hold a bachelor's degree or higher, the median age is 57, and the average commute is . We also surface 5 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Lake County, so you can benchmark 32702 against its immediate geography rather than a national average alone. Every figure is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates, HUD Fair Market Rents, and FHFA Home Price Index data, no estimates, no proprietary scoring. Verify with HUD →

Top industries in ZIP 32702

Top 5 sectors by establishment count

Which industries have the most business establishments in ZIP 32702.

establishments

What this shows Establishment counts come from the Census ZIP Code Business Patterns program, which counts physical business locations rather than employees or revenue.

Source U.S. Census Bureau · ZIP Code Business Patterns (ZBP) As of 2023

Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + HUD FMR + FHFA HPI ACS demographics, ZBP business establishments, HUD Fair Market Rents, FHFA HPI for ZIP 32702, Altoona, FL · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; HUD FMR + FHFA HPI updated quarterly/annually.

Quick Facts

2,705

Population

147.0

Area (sq mi)

18

People / sq mi

New York

Time Zone

standard

ZIP Type

Neighborhood Scorecard
Get an A-F grade across income, safety, housing, rent, education, commute, and childcare for this ZIP code.
View Scorecard →

Who lives in ZIP 32702?

57.0

Median Age

47.5%

Male

52.5%

Female

1.4%

Foreign-Born

White 94.3%
African American 0.8%
Asian 0.0%
American Indian or Alaska Native 0.0%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 3.3%
Hispanic or Latino 5.0%

Hispanic or Latino is an ethnicity category from the Census Bureau and may overlap with other categories above.

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

How much do residents earn?

$50,935

Median Household Income

-34% vs state

$30,855

Per Capita Income

20.6%

Poverty Rate

15.0%

Unemployment Rate

How ZIP 32702 ranks nationally

Household income vs. every US ZIP code

Median household income — the full national distribution, with this ZIP marked

$50,935 15th percentile higher than 15% of 30,318 US ZIPs

$0–$20,000: 118 US ZIPs (0%). Below this entry. $20,000–$40,000: 1,573 US ZIPs (5%). Below this entry. $40,000–$60,000: 7,092 US ZIPs (23%). This entry sits in this band. $60,000–$80,000: 9,980 US ZIPs (33%). Above this entry. $80,000–$100,000: 5,778 US ZIPs (19%). Above this entry. $100,000–$120,000: 2,855 US ZIPs (9%). Above this entry. $120,000–$140,000: 1,362 US ZIPs (4%). Above this entry. $140,000–$160,000: 686 US ZIPs (2%). Above this entry. $160,000–$180,000: 364 US ZIPs (1%). Above this entry. $180,000–$200,000: 186 US ZIPs (1%). Above this entry. $200,000–$220,000: 324 US ZIPs (1%). Above this entry. This ZIP $0 $200K+ every reporting US ZIP, bucketed by value

Each bar is a $20K-wide band; taller bars hold more US ZIPs. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source U.S. Census Bureau — ACS 5-Year Estimates · 2019–2023

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What is the education profile here?

High School Graduate or Higher 57.2%
Bachelor's Degree or Higher 18.1%

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What does housing look like?

1,581

Total Housing Units

1,204

Occupied Units

377

Vacant Units

2.14

Avg Household Size

Occupancy Type

Owner 60.6%
Renter 39.4%

$118,400

Median Home Value

-68% vs state

$3,501

Median Rent

1983

Median Year Built

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What businesses operate in this ZIP?

Census Bureau data shows 50 business establishments in ZIP 32702, employing approximately 443 people with a combined annual payroll of $19,352,000.

50

Businesses

443

Employees

$19.4M

Annual Payroll

7

Industry Sectors

Industry Establishments % of Total
Construction 10 20.0%
Retail trade 8 16.0%
Health care and social assistance 7 14.0%
Administrative and support and waste management and remediation services 6 12.0%
Other services (except public administration) 6 12.0%
Wholesale trade 4 8.0%
Professional, scientific, and technical services 3 6.0%

Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.

Nearby ZIP Codes

Want a side-by-side? Compare 32702 vs 32767 →

ZIP 32702 vs its nearest neighbors, by population

Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.

residents

What this shows Among its immediate neighbors, ZIP 32702 ranks #4 by population — useful context the national average alone can't give.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023

ZIP 32702 vs its nearest neighbors, by median income

Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.

median income

What this shows By household income, ZIP 32702 ranks #6 of 6 neighboring ZIPs — local affluence varies block to block, not just metro to metro.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023
ZIP Code City Population Distance
32767 Paisley, FL 2,622 7.3 mi
32784 Umatilla, FL 11,432 7.3 mi
32102 Astor, FL 2,565 8.4 mi
32735 Grand Island, FL 3,903 12.3 mi
32736 Eustis, FL 9,736 12.6 mi

More ZIP Codes in Lake County

Frequently Asked Questions

What county is ZIP code 32702 in?
ZIP code 32702 (Altoona) is located in Lake County, Florida. Lake County contains multiple ZIP codes, see the full list at /counties/lake-fl.
What is the population of ZIP code 32702?
ZIP code 32702 in Altoona, FL has a population of 2,705 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 32702?
The median household income in ZIP 32702 is $50,935, which is 33% below the national average of $76,288.
What is the average home value in ZIP 32702?
The median home value in ZIP 32702 is $118,400, which is 57% below the national average of $278,155.
What is the demographic makeup of ZIP 32702?
The largest racial group in ZIP 32702 is White at 94.3%. Hispanic or Latino residents make up 5.0% of the population.
How many businesses are in ZIP code 32702?
ZIP code 32702 has 50 business establishments employing approximately 443 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 32702?
The top industries by establishment count in ZIP 32702 are: Construction (10), Retail trade (8), Health care and social assistance (7). There are 7 industry sectors represented in total.
What is the education level in ZIP code 32702?
In ZIP code 32702, 57.2% of residents aged 25+ have a high school diploma or higher, and 18.1% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).
What percentage of residents own vs. rent in ZIP 32702?
In ZIP code 32702, approximately 60.6% of occupied housing units are owner-occupied and 39.4% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 32702?
The poverty rate in ZIP code 32702 is 20.6% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

ZIP Code Research Guides

Official Data Resources for Altoona, FL

Verify and explore additional data for this area using these official government sources.