Altona, IN
Population 447 · Indiana
About Altona, IN
Altona is a small community in Indiana with a population of 447 residents. The median household income is $64,232 per year, which is near the national average. The median age in Altona is 37.4 years.
Housing in Altona has a median home value of $111,800 and median monthly rent of $1,075. Of the 155 total housing units, the majority are owner-occupied, with 133 owner-occupied and 14 renter-occupied units.
The unemployment rate in Altona is 3.4% and the poverty rate is 3.4%. 5.2% of residents hold a bachelor's degree or higher. The average commute time is 18 minutes.
Cost of Living in Altona, IN
Compared to national averages, Altona has a median household income of $64,232 (15% below the national median of $75,149). Home values average $111,800, which is 54% below the national median. Monthly rent at $1,075 is 8% below the US average of $1,163. Within Indiana, Altona's income is 7% below the state average of $69,330, and home values are 32% below the state median of $163,409.
Why Live in Altona, IN?
Altona offers affordable housing with a median home value of $111,800, below the US average of $244,900, and rent that’s lower than the national average at $1,075/month, and a strong job market with an unemployment rate of just 3.4%. Additionally, the city features a low poverty rate of 3.4%, better than the national average, and short commute times averaging just 18 minutes.
Potential considerations include median household income ($64,232) that falls below the national average. However, Altona’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Altona has a population of 447 with a median age of 37.4 years. Compare Altona with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near Altona
Cities in Indiana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Thayer | 447 | $45,391 | $150,700 | Compare |
| Bruceville | 445 | $52,750 | $86,900 | Compare |
| Lake Holiday Hideaway | 445 | $68,191 | $97,600 | Compare |
| Prairieton | 449 | $0 | $374,100 | Compare |
| Center Point | 442 | $92,604 | $96,200 | Compare |
| Hatfield | 442 | $77,857 | $128,000 | Compare |
| Chrisney | 441 | $62,500 | $96,100 | Compare |
| New Richmond | 441 | $80,104 | $81,500 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Indiana
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Altona
What is the population of Altona, IN?
The population of Altona, IN is 447 according to the latest Census data.
What is the median household income in Altona?
The median household income in Altona, IN is $64,232 per year.
What is the median home value in Altona?
The median home value in Altona, IN is $111,800.
What is the average rent in Altona?
The median monthly rent in Altona, IN is $1,075.
What is the unemployment rate in Altona?
The unemployment rate in Altona, IN is 3.4%.