NAICS 44-45

Retail Trade in Altoona, PA

Metro Market Score 51.7 (Challenging), ranked #160 of 378 metros. 488 establishments, 8,025 jobs.

Metro Market Assessment

Metro Market Score 51.7
Favorable 0-35
Moderate 35-48
Challenging 48-60
Difficult 60+
Challenging

Lower is better. Relative to national retail trade average.

Rising Wages

Altoona pairs above-average retail trade concentration (90.5) with positive employment growth (trend: 71.4). The market is competitive but still expanding, leaving room for well-positioned new entrants.

Industry Concentration
90.5
LQ: 1.38
Rank #342 of 378 metros
Wage Competitiveness
22.0
$34,976 avg wage
Growth Trend
71.4
Employment growth index
Rank #109 of 378 metros
Wage Pressure
75.1
YoY wage change index

488 Retail Trade Firms in Altoona

488
Establishments
+1.2% YoY
8,025
Total Employment
+0.6% YoY
$34,976
Average Annual Wage
+2.6% YoY
1.38
Location Quotient
Above national avg
Within Pennsylvania
#11 of 16
retail trade metros in state
Pennsylvania state rank
#6 of 51
for retail trade entry risk
vs State Median
+2.5
worse than median (49.3)

Altoona vs Pennsylvania Statewide

How this metro's retail trade market compares to Pennsylvania overall. The state ranks #6/51 for entry risk.

Measure Altoona PA Statewide
Overall Score 51.7 Challenging 38.1 Moderate
Score Type Metro Market Score Entry Risk Score
Rank #160 of 378 metros #6 of 51 states

Metro and state scores use different methodologies (metro has 4 QCEW-based metrics; state adds BDS survival and momentum data). Direct score comparisons are approximate.

Other Industries in Altoona

Retail Trade in Other Pennsylvania Metros

Retail Trade Metros With Similar Conditions

Metros within 5 points of Altoona's 51.7 score. Useful when comparing markets with comparable entry profiles.

Retail Trade in States Bordering Pennsylvania

State-level entry risk for retail trade in adjacent states. Use this to weigh cross-border options.

Browse Retail Trade in Other States

State-level entry risk reports for retail trade across all 51 markets, sorted by rank.

About Metro Market Score: A weighted composite of industry concentration (25%), wage competitiveness (25%), wage pressure (20%), and employment growth trend (30%). Lower scores indicate more favorable conditions. For Altoona's retail trade sector, the industry concentration component (90.5) has the strongest pull on the composite. Metro scores use QCEW data only (no BDS survival data at metro level). Read full methodology →

Data Sources

Data period: 2024. Last updated: April 2026.