The Altoona region boasts a low unemployment rate, and rising commercial and industrial occupancy rates. Our retail sales are growing, too, increasing in Altoona by over 40% in the last 10 years. The region’s availability of jobs, careers and growing workforce are building momentum, boosting local commerce and lifting Altoona and neighboring communities to great heights.
UNEMPLOYMENT RATES
VACANCY RATES
| MARKET | 2026 |
| Office | |
| Greater Des Moines Region | 13.6% |
| Northeast Suburban Des Moines (includes Altoona)* | 5.3% |
| Industrial | |
| Greater Des Moines Region | 7.5% |
| Northeast Suburban Des Moines (includes Altoona)* | 6.8% |
| Retail | |
| Greater Des Moines Region | 4% |
| Northeast Suburban Des Moines (includes Altoona)* | 1.7% |
Source: CBRE Hubbell, Q2 2026
