Altura, MN
Population 413 · Minnesota
About Altura, MN
Altura is a small community located in Minnesota with a population of 413 residents according to the latest US Census Bureau American Community Survey data. The median household income is $65,833 per year, which is 12% below the national median of $75,149. The median age of 41.9 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Altura features a median home value of $171,900, which is 30% below the national median of $244,900. This positions Altura in a moderately priced market relative to the rest of the country. Median monthly rent is $644, 45% below the national average of $1,163/month. Of the 184 total housing units, 90% are owner-occupied (165 units) and 10% are renter-occupied (19 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Altura shows an unemployment rate of 1.7%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 8.2%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Altura have an average one-way commute time of 23.4 minutes.
Education & Demographics
16.0% of Altura residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 2.7% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.5% of the population being foreign-born.
Cost of Living in Altura, MN
Compared to national averages, Altura has a median household income of $65,833 (12% below the national median of $75,149). Home values average $171,900, which is 30% below the national median. Monthly rent at $644 is 45% below the US average of $1,163. Within Minnesota, Altura's income is 11% below the state average of $74,221, and home values are 16% below the state median of $204,472.
Why Live in Altura, MN?
Altura offers affordable housing with a median home value of $171,900, below the US average of $244,900, and rent that’s lower than the national average at $644/month, and a strong job market with an unemployment rate of just 1.7%. Additionally, the city features a low poverty rate of 8.2%, better than the national average, and short commute times averaging just 23.4 minutes.
Potential considerations include median household income ($65,833) that falls below the national average. However, Altura’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Altura has a population of 413 with a median age of 41.9 years. Compare Altura with other cities to see how it stacks up, or explore all cities in Minnesota.
Similar Cities Near Altura
Cities in Minnesota with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Wrenshall | 413 | $97,798 | $232,000 | Compare |
| Pine Springs | 412 | $167,750 | $613,600 | Compare |
| Ashby | 411 | $55,250 | $125,000 | Compare |
| Minnetonka Beach | 410 | $250,001 | $2,000,001 | Compare |
| Canton | 409 | $50,556 | $88,400 | Compare |
| Ulen | 417 | $60,208 | $137,500 | Compare |
| Badger | 419 | $60,375 | $95,000 | Compare |
| Good Thunder | 423 | $71,818 | $169,900 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Minnesota
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Altura
What is the population of Altura, MN?
The population of Altura, MN is 413 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Minnesota.
What is the median household income in Altura?
The median household income in Altura, MN is $65,833 per year, which is 12% below the national median of $75,149.
What is the median home value in Altura?
The median home value in Altura, MN is $171,900, which is 30% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Altura?
The median monthly rent in Altura, MN is $644, which is 45% below the national average of $1,163/month.
What is the unemployment rate in Altura?
The unemployment rate in Altura, MN is 1.7%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Altura, MN a good place to live?
Altura offers a moderate cost of living, affordable housing, and a strong job market. With a population of 413 and a median age of 41.9, the city appeals to a broad range of residents.
How educated is Altura, MN?
16.0% of residents in Altura aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Altura?
Key cost-of-living indicators for Altura, MN: median home value is $171,900 (30% below national), median rent is $644/month, and median household income is $65,833. The home-value-to-income ratio is 2.6x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Altura?
The poverty rate in Altura, MN is 8.2%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Altura, MN?
Altura's population is 2.7% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.5% of residents are foreign-born.