As Iowa economic development continues to surge, Altoona is becoming a top choice for businesses looking to expand or set up shop. Being part of the Greater Des Moines area, Altoona has many perks, one of the biggest being its skilled local workforce.
Here, we’ll look at three key ways businesses can make the most of this local talent to grow and innovate.
1. ACCESS TO A HIGHLY EDUCATED & SPECIALIZED WORKFORCE
Altoona is in a great spot, surrounded by high-quality schools and colleges. The Southeast Polk Community School District shines with its exceptional STEM education, preparing students with vital skills needed for the future. This educational foundation is pivotal for students looking to pursue tech or another expanding business opportunity in Iowa.
The proof is in our people. 92% of Altoona residents have at least a high school diploma, compared to 89% of residents across the Greater Des Moines region and the national average of 91%.
Nearby universities and colleges, like Iowa State University, Drake University, and Des Moines Area Community College, add to this talent pool. They offer strong programs in engineering, business, and IT—key areas in today’s tech-driven world.
By choosing to relocate a business to Altoona, Iowa, companies gain immediate access to these skilled graduates who are well-versed in the local business environment, easing their integration and startup processes.
2. DIVERSE INDUSTRY EXPERIENCE IN KEY SECTORS
Altoona has a wide range of jobs and a low unemployment rate, employing many people in key sectors like healthcare and social assistance (1,443 workers), finance and insurance (1,391 workers), retail (1,046 workers), and manufacturing (874 workers).
This mix of skills means new and growing businesses can easily find experienced workers in these important fields.
3. ECONOMIC INCENTIVES AND SUPPORTIVE BUSINESS ENVIRONMENT
Choosing Altoona also comes with financial perks. The city’s policies are designed to help businesses grow with special tax programs, funding for new companies, and resources for workforce training and development.
Furthermore, moving to Iowa often results in lower operational costs compared to other regions. This is even better when you realize that Iowa’s cost of living is 9% lower than the national average. It’s a win-win situation for employers and workers alike.
CONCLUSION
Altoona is an excellent location for businesses due to its strong educational system, diverse industrial expertise, and supportive business environment.
The city ensures a steady supply of skilled professionals and has a community that actively supports both local and new businesses. For companies looking to expand in Iowa, Altoona offers a promising setting for success and long-term growth.
RELOCATE YOUR BUSINESS TO ALTOONA, IOWA
Ready to make the move and capitalize on an expanding business opportunity in Iowa? Whether you’re a business owner searching for commercial real estate for lease in Iowa, or a developer looking to get the most out of your business real estate investment—the City of Altoona is a prime destination.
There are roughly 1,600 acres of development-ready land and an abundance of commercial buildings available in our business-friendly community. Plus, Altoona development property sales are often supported by exciting incentives, grants, and tax credits.
Whether you’re starting new or planning an Iowa relocation for your company, come find your home in Iowa’s business-friendly hub for growth. Search our business real estate database or request additional information to learn more.