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.
- Construction
Construction
10 establishments
- Retail trade
Retail trade
8 establishments
- Health care and social assistance
Health care and social assistance
7 establishments
- Administrative and support and waste management and remediation services
Administrative and support and waste management and remediation services
6 establishments
- Other services (except public administration)
Other services (except public administration)
6 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, 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
Who lives in ZIP 32702?
57.0
Median Age
47.5%
Male
52.5%
Female
1.4%
Foreign-Born
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
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?
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
$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.
- 32784
Umatilla (32784)
11,432 residents
- 32736
Eustis (32736)
9,736 residents
- 32735 3,903
Grand Island (32735)
3,903 residents
- 32702 2,705
Altoona (32702)
2,705 residents
- 32767 2,622
Paisley (32767)
2,622 residents
- 32102 2,565
Astor (32102)
2,565 residents
What this shows Among its immediate neighbors, ZIP 32702 ranks #4 by population — useful context the national average alone can't give.
ZIP 32702 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 32736
Eustis (32736)
$96,542 median income
- 32784
Umatilla (32784)
$72,201 median income
- 32767
Paisley (32767)
$71,714 median income
- 32735
Grand Island (32735)
$68,441 median income
- 32102
Astor (32102)
$57,588 median income
- 32702
Altoona (32702)
$50,935 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.
More ZIP Codes in Lake County
Related Areas
Frequently Asked Questions
What county is ZIP code 32702 in? ▼
What is the population of ZIP code 32702? ▼
What is the median household income in ZIP 32702? ▼
What is the average home value in ZIP 32702? ▼
What is the demographic makeup of ZIP 32702? ▼
How many businesses are in ZIP code 32702? ▼
What are the main industries in ZIP code 32702? ▼
What is the education level in ZIP code 32702? ▼
What percentage of residents own vs. rent in ZIP 32702? ▼
What is the poverty rate in ZIP code 32702? ▼
ZIP Code Research Guides
Official Data Resources for Altoona, FL
Verify and explore additional data for this area using these official government sources.
Read our methodology to see how this data is sourced, computed, and verified.