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ZipNumbers

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

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