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Altamont, Tennessee Demographics & Population 2026

Very AffordableHome value to income ratio of 2.2x is exceptionally low

During the 2020–2024 ACS period, Altamont, Tennessee had a total population of 1,322, the 271st largest town in Tennessee, with a median household income of $41,373, which is 41% lower than the state average. The poverty rate is 15.9%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Altamont Quick Facts

Population 1,322
Median Household Income $41,373
Median Home Value $91,900
Poverty Rate 15.9%
Unemployment Rate 13.0%
Median Age 47.3 years
Homeownership Rate 91.6%
Affordability Ratio 2.2x
Bachelor's Degree or Higher 12.1%
High School Graduation Rate 82.8%
Diversity Index 10/100
Population 1,322 271st of 502
Median Income $41,373 bottom 20%
Poverty Rate 15.9% 28% higher than national
Median Home Value $91,900 bottom 10%

How Altamont Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population1,1001,322+20.2%
Median household income$40,221$41,373+2.9%
Median home value$85,900$91,900+7.0%

How Altamont Compares

Economy & Housing

Household Income Distribution

Under $25K 24.5%
$25K-$50K 36.9%
$50K-$100K 23.8%
$100K+ 14.7%
Detailed income brackets
Under $10K
4.7%
$10K-$15K
4.2%
$15K-$20K
7.0%
$20K-$25K
8.6%
$25K-$30K
5.8%
$30K-$35K
5.8%
$35K-$40K
7.2%
$40K-$45K
15.9%
$45K-$50K
2.1%
$50K-$60K
9.8%
$60K-$75K
6.5%
$75K-$100K
7.5%
$100K-$125K
7.0%
$125K-$150K
1.6%
$150K-$200K
0.0%
$200K+
6.1%

Employment

13.0% Unemployment Rate State: 4.7%|National: 5.2%
44.4% Labor Force Participation

Housing Overview

Owner 91.6%
Renter 8.4%
Affordability Index Very Affordable
2.2x home value to income ratio
Median gross rent $850/mo 24.7% of median household income annually

People & Demographics

Diversity Index

10out of 100
Very Low Diversity

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

State average: 46 | National average: 61

Education

Altamont Rankings in Tennessee

#271 Population of 502
#392 Median Income of 453
#351 Education of 502
#447 Home Value of 464

Other Cities in Grundy County

CityPopulationMedian IncomePovertyHome Value
Tracy City 1,682 $39,479 24.2% $136,300
Gruetli-Laager 1,480 $47,313 10.2% $154,700
Coalmont 906 $53,917 31.2% $151,400
Palmer 818 $56,447 14.7% $78,900
Pelham 704 $70,096 22.2% $187,500
Beersheba Springs 654 $72,885 19.3% $101,000

Cities Similar to Altamont

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Graysville1,304$40,000$104,7007.8%23.7%
Red Boiling Springs1,262$40,221$194,40014.2%37.5%
Lone Oak1,422$40,781$257,50019.0%14.8%
Crump1,231$43,750$151,5008.4%15.2%
Sullivan Gardens1,267$46,754$194,80022.3%8.0%

Population Overview

Altamont is a small community located in Tennessee, within Grundy County. The total population is 1,322. It ranks as the 271st most populous out of 502 Census-designated places in Tennessee.

Age Demographics

The median age in Altamont is 47.3 years. This is 22% higher than the state median of 38.9 years.

Economy, Income & Housing

The median household income in Altamont is $41,373. This is 41% lower than the state median of $69,595. It is also 49% lower than the national median of $80,734. The poverty rate stands at 15.9%. This is 16% higher than the state poverty rate of 13.8%. The unemployment rate is 13.0%. This is 179% higher than the state rate of 4.7%. The median home value is $91,900. Housing costs are 68% lower than the state median of $286,700. With a home-value-to-income ratio of just 2.2x, Altamont is one of the most affordable housing markets in the area. 91.6% of occupied housing units are owner-occupied. This homeownership rate is 37% higher than the state average of 66.9%.

Race & Ethnicity

Altamont has a predominantly White (non-Hispanic) population, comprising 94.5% of all residents. Black or African American residents account for 0.5%. The Black or African American population (0.5%) is well below the state average of 15.4%.

Education

12.1% of residents aged 25 and older hold a bachelor's degree or higher. This is 61% lower than the state rate of 31.1%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 82.8%.

Data Sources & Methodology

All demographic data for Altamont, Tennessee is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Tennessee state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 502 Census-designated places in Tennessee. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Altamont, Tennessee?

Altamont, Tennessee has a population of 1,322 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Altamont, TN?

The median household income in Altamont is $41,373, which is 49% lower than the national median of $80,734.

What is the poverty rate in Altamont, TN?

The poverty rate in Altamont is 15.9%. This means approximately 202 residents live below the federal poverty line.

What is the racial makeup of Altamont, Tennessee?

Altamont's population is 94.5% White, 0.5% Black, 0.0% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Altamont, TN?

The median home value in Altamont is $91,900. The home-value-to-income ratio is 2.2x.

How educated is Altamont, Tennessee?

12.1% of adults (25+) in Altamont hold a bachelor's degree or higher, and 2.5% hold a graduate or professional degree.