Restaurant Industry - Altoona Now!
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SMART MOVE:
OPENING A RESTAURANT IN ALTOONA, IOWA

With an ideal location (just minutes east of Des Moines), ideal consumers, and ideal
properties—Altoona is one of the best places to open a restaurant in Central Iowa.

Here, you'll find the infrastructure, workforce, and business-friendly leadership you
need to take your restaurant business to new heights.

Industry GDP
visitors come to Altoona each year
residents
residents (and counting)
Annual growth rate
population increase since 2015
Annual growth rate
of residents are 18–64 years old

A GROWING COMMUNITY JUST 20 MINUTES EAST OF DES MOINES CONVENIENT ACCESS TO MAJOR TRANSPORTATION ROUTES

Industry GDP
Employees
Annual growth rate
Annual growth rate
Annual growth rate

ENGAGED RESIDENTS & VISITORS WHO SPEND BIG ON DINING & ENTERTAINMENT

STEADY POPULATION GROWTH

75%

of Altoona households have dined out in the last 6 months
STEADY POPULATION GROWTH

$34.3M

spent by residents dining out in 2023
PLENTY OF COMMERCIAL REAL ESTATE

$42.1M

projected annual resident restaurant spending by 2029
STEADY POPULATION GROWTH

$701M

total retail spending in 2023 (among residents and visitors)
STEADY POPULATION GROWTH

$32K

retail sales per capita

A THRIVING, DIVERSE MARKET PRIMED FOR EXPANSION

ALTOONA BY THE NUMBERS 2022

1 Mile 3 Miles 5 Miles

10,679

Population

26,769

Population

61,548

Population

4,087

Households

10,344

Households

23,422

Households

$109,225

Avg. Household
Income

$108,737

Avg. Household
Income

$101,157

Avg. Household
Income

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GET MORE INFORMATION

To learn more about healthcare opportunities in our business-friendly community, please Contact Chad Quick,
Economic Development Director for the City of Altoona.

Chad Quick | Economic Development Director, City of Altoona
(515) 957-5117 | cquick@altoona-iowa.com