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Altamont, Illinois

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
2,282
Population
$75,510
Median Income
$129,800
Home Value
38.9
Median Age

Demographics

Altamont has a population of 2,282 with a median age of 38.9. Here is the racial and ethnic breakdown of the population:

White
91.6%
Asian
4.3%
Other
2.9%
Black
0.8%
Demographic Value
Total Population2,282
Median Age38.9
White91.6%
Black or African American0.8%
Asian4.3%
Hispanic or Latino0.4%
Other / Two or More Races2.9%
Altamont, Illinois — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 100.White: 91.6%Asian: 4.3%Other: 2.9%Other: 1.2%2,282PopulationWhiteWhite91.6%AsianAsian4.3%OtherOther2.9%OtherOther1.2%

Income & Economy

The median household income in Altamont is $75,510, which is 6.3% below the national median of $80,610. The per capita income is $31,950. The poverty rate is 15.1%.

$75,510
Median Household Income
$31,950
Per Capita Income
15.1%
Poverty Rate

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Education

In Altamont, 95.0% of residents age 25+ have a high school diploma or higher, and 21.7% hold a bachelor's degree or higher (4.4% with a graduate or professional degree).

HS Diploma+
95.0%
Bachelor's+
21.7%
Graduate+
4.4%
Education Level % of Adults (25+)
High School Diploma or Higher95.0%
Bachelor's Degree or Higher21.7%
Graduate or Professional Degree4.4%

Housing

The median home value in Altamont is $129,800, below the national median of $303,400. The median monthly rent is $791. The homeownership rate is 77.8%.

$129,800
Median Home Value
$791/mo
Median Rent
77.8%
Homeownership Rate
Housing Metric Value
Median Home Value$129,800
Median Monthly Rent$791
Homeownership Rate77.8%
Vacancy Rate5.1%

Salaries in Illinois

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Frequently Asked Questions

What is the population of Altamont, Illinois?
The population of Altamont, Illinois is 2,282 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Altamont, Illinois?
The median household income in Altamont, Illinois is $75,510. This is 6.3% below the national median of $80,610.
What is the median home value in Altamont, Illinois?
The median home value in Altamont, Illinois is $129,800. The median monthly rent is $791.
What percentage of people in Altamont have a college degree?
In Altamont, Illinois, 21.7% of adults age 25 and older hold a bachelor's degree or higher, and 95.0% have a high school diploma or higher.
Is Altamont, Illinois an affordable place to live?
The home price-to-income ratio in Altamont, Illinois is 1.7x (median home value $129,800 vs. median income $75,510), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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