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Altona town, Indiana Demographics & Population 2026

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

As of 2026, Altona town, Indiana has a total population of 447, the 531st largest city in Indiana, with a median household income of $64,232, which is 8% lower than the state average. The poverty rate is 3.4%.

Key Takeaways

Altona town Quick Facts

Population 447
Median Household Income $64,232
Median Home Value $111,800
Poverty Rate 3.4%
Unemployment Rate 3.4%
Median Age 37.4 years
Homeownership Rate 90.5%
Affordability Ratio 1.7x
Bachelor's Degree or Higher 5.2%
High School Graduation Rate 90.5%
Diversity Index 20/100
Population 447 531st of 967
Median Income $64,232 average
Poverty Rate 3.4% 73% lower national
Median Home Value $111,800 below average

How Altona town Compares

Economy & Housing

Employment

3.4% Unemployment Rate State: 4.3% | National: 5.2%
58.9% Labor Force Participation

Housing Overview

Owner 90.5%
Renter 9.5%
Affordability Index Very Affordable
1.7x home value to income ratio

People & Demographics

Diversity Index

20out of 100
Very Low Diversity

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

State average: 40 | National average: 60

Education

Altona town Rankings in Indiana

#531 Population of 967
#366 Median Income of 967
#766 Education of 967
#535 Home Value of 967

Cities Similar to Altona town

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Prairieton CDP449N/A$374,1000.0%26.7%
Chrisney town441$62,500$96,1008.1%11.1%
Lake Holiday Hideaway CDP445$68,191$97,6002.8%18.0%
Wilkinson town427$63,500$132,5009.3%5.4%
Waveland town431$60,956$96,80012.3%15.8%

Population Overview

Altona town is a small community located in Indiana. The total population is 447. It ranks as the 531st most populous out of 967 cities and towns in Indiana.

Age Demographics

The median age in Altona town is 37.4 years. This is 2% lower than the state median of 38.0 years.

Economy, Income & Housing

The median household income in Altona town is $64,232. This is 8% lower than the state median of $70,051. Compared to the national median of $78,538, household income here is 18% lower. The poverty rate stands at 3.4%. This is 72% lower than the state poverty rate of 12.2%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 3.4%. This is 21% lower than the state rate of 4.3%. The median home value is $111,800. Housing costs are 45% lower than the state median of $201,600. With a home-value-to-income ratio of just 1.7x, Altona town is one of the most affordable housing markets in the area. 90.5% of occupied housing units are owner-occupied. This homeownership rate is 29% higher than the state average of 70.3%.

Race & Ethnicity

Altona town has a predominantly White (non-Hispanic) population, comprising 87.7% of all residents. Hispanic or Latino residents account for 0.4%. The Hispanic or Latino population (0.4%) is well below the state average of 8.4%.

Education

5.2% of residents aged 25 and older hold a bachelor's degree or higher. This is 82% lower than the state rate of 28.8%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 90.5%.

Data Sources & Methodology

All demographic data for Altona town, Indiana 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 Indiana state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 967 Census-designated places in Indiana. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Altona town, Indiana?

Altona town, Indiana has a population of 447 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Altona town, IN?

The median household income in Altona town is $64,232, which is 18% lower the national median of $78,538.

What is the poverty rate in Altona town, IN?

The poverty rate in Altona town is 3.4%. This means approximately 15 residents live below the federal poverty line.

What is the racial makeup of Altona town, Indiana?

Altona town's population is 87.7% White, 0.0% Black, 0.4% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Altona town, IN?

The median home value in Altona town is $111,800. The home-value-to-income ratio is 1.7x.

How educated is Altona town, Indiana?

5.2% of adults (25+) in Altona town hold a bachelor's degree or higher, and 4.6% hold a graduate or professional degree.