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Altamont city, Illinois Demographics & Population 2026

Very AffordableHome value to income ratio of 1.7x is exceptionally low

As of 2026, Altamont city, Illinois has a total population of 2,500, the 465th largest city in Illinois, with a median household income of $76,198, which is 7% lower than the state average. The poverty rate is 14.2%.

Key Takeaways

Altamont city Quick Facts

Population 2,500
Median Household Income $76,198
Median Home Value $132,200
Poverty Rate 14.2%
Unemployment Rate 1.0%
Median Age 38.0 years
Homeownership Rate 78.0%
Affordability Ratio 1.7x
Bachelor's Degree or Higher 18.6%
High School Graduation Rate 93.0%
Diversity Index 7/100
Population 2,500 465th of 1,445
Median Income $76,198 above average
Poverty Rate 14.2% 14% higher national
Median Home Value $132,200 average

How Altamont city Compares

Economy & Housing

Employment

1.0% Unemployment Rate State: 5.8% | National: 5.2%
54.7% Labor Force Participation

Housing Overview

Owner 78.0%
Renter 22.0%
Affordability Index Very Affordable
1.7x home value to income ratio

People & Demographics

Diversity Index

7out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 60 | National average: 60

Education

Altamont city Rankings in Illinois

#465 Population of 1,445
#492 Median Income of 1,445
#676 Education of 1,445
#594 Home Value of 1,445

Cities Similar to Altamont city

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Carthage city2,508$75,179$115,60037.5%6.2%
Brighton village2,536$74,327$123,00016.4%12.7%
Round Lake Heights village2,585$75,556$196,10017.7%15.7%
Amboy city2,396$76,667$132,60010.4%8.5%
Richmond village2,530$70,379$225,80026.3%5.6%

Population Overview

Altamont city is a small community located in Illinois. The total population is 2,500. It ranks as the 465th most populous out of 1,445 cities and towns in Illinois.

Age Demographics

The median age in Altamont city is 38.0 years. This is 2% lower than the state median of 38.9 years. 12.4% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Altamont city is $76,198. This is 7% lower than the state median of $81,702. Compared to the national median of $78,538, household income here is 3% lower. The poverty rate stands at 14.2%. This is 21% higher than the state poverty rate of 11.7%. The unemployment rate is 1.0%. This is 83% lower than the state rate of 5.8%. The median home value is $132,200. Housing costs are 47% lower than the state median of $250,500. With a home-value-to-income ratio of just 1.7x, Altamont city is one of the most affordable housing markets in the area. 78.0% of occupied housing units are owner-occupied. This homeownership rate is 17% higher than the state average of 66.8%.

Race & Ethnicity

Altamont city has a predominantly White (non-Hispanic) population, comprising 96.4% of all residents. Black or African American residents account for 1.0%. The White (non-Hispanic) population is significantly higher than the state average (96.4% vs 58.8%). The Black or African American population (1.0%) is well below the state average of 13.6%. The Hispanic or Latino population (0.6%) is well below the state average of 18.5%.

Education

18.6% of residents aged 25 and older hold a bachelor's degree or higher. This is 50% lower than the state rate of 37.2%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 93.0%.

Data Sources & Methodology

All demographic data for Altamont city, Illinois is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Illinois state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,445 Census-designated places in Illinois. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Altamont city, Illinois?

Altamont city, Illinois has a population of 2,500 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Altamont city, IL?

The median household income in Altamont city is $76,198, which is 3% lower the national median of $78,538.

What is the poverty rate in Altamont city, IL?

The poverty rate in Altamont city is 14.2%. This means approximately 343 residents live below the federal poverty line.

What is the racial makeup of Altamont city, Illinois?

Altamont city's population is 96.4% White, 1.0% Black, 0.6% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Altamont city, IL?

The median home value in Altamont city is $132,200. The home-value-to-income ratio is 1.7x.

How educated is Altamont city, Illinois?

18.6% of adults (25+) in Altamont city hold a bachelor's degree or higher, and 2.5% hold a graduate or professional degree.