Illinois · Census place 01049
Altamont city, IL
Quick answer
Altamont city has 2,500 residents, ranking #465 of 1462 places in Illinois. Median household income is $76,198, the median home is worth $132,200 and median gross rent runs $898 a month.
- Population
- 2,500Altamont city residents
- Median household income
- $76,198Past 12 months, inflation adjusted
- Median home value
- $132,200Owner-occupied units
- Median gross rent
- $898Rent plus utilities, monthly
- Median age
- 38 yrsAll residents
- Homeownership rate
- 78%Owner-occupied households
What the numbers mean in Altamont city
Housing cost measured against local earnings.
A household earning the Altamont city median would spend about 14.1% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 1.7× the median household income; nationally that ratio sits near 4.5×. Poverty affects 14.2% of residents and 78% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Illinois.
- Carrollton city 2,528
- Seneca village 2,525
- Carthage city 2,508
- Polo city 2,495
- Henry city 2,478
- Oakwood Hills village 2,454
- Aviston village 2,451
Keep going
More Illinois coverage.