Altamont, MO
Population 150 · Missouri
About Altamont, MO
Altamont is a small community located in Missouri with a population of 150 residents according to the latest US Census Bureau American Community Survey data. The median household income is $41,250 per year, which is 45% below the national median of $75,149. The median age of 36.5 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Altamont features a median home value of $0, which is 100% below the national median of $244,900. This makes Altamont one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $850, 27% below the national average of $1,163/month. Of the 120 total housing units, 77% are owner-occupied (43 units) and 23% are renter-occupied (13 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Altamont shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 30.7%, above the national average of 12.4%. Workers in Altamont have an average one-way commute time of 21.3 minutes.
Education & Demographics
3.2% of Altamont 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 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Altamont, MO
Compared to national averages, Altamont has a median household income of $41,250 (45% below the national median of $75,149). Home values average $0, which is 100% below the national median. Monthly rent at $850 is 27% below the US average of $1,163. Within Missouri, Altamont's income is 32% below the state average of $61,047, and home values are 100% below the state median of $150,786.
Why Live in Altamont, MO?
Altamont offers affordable housing with a median home value of $0, below the US average of $244,900, and rent that’s lower than the national average at $850/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features short commute times averaging just 21.3 minutes.
Potential considerations include median household income ($41,250) that falls below the national average. However, Altamont’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Altamont has a population of 150 with a median age of 36.5 years. Compare Altamont with other cities to see how it stacks up, or explore all cities in Missouri.
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Demographics
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Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Altamont
What is the population of Altamont, MO?
The population of Altamont, MO is 150 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Missouri.
What is the median household income in Altamont?
The median household income in Altamont, MO is $41,250 per year, which is 45% below the national median of $75,149.
What is the median home value in Altamont?
The median home value in Altamont, MO is $0, which is 100% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Altamont?
The median monthly rent in Altamont, MO is $850, which is 27% below the national average of $1,163/month.
What is the unemployment rate in Altamont?
The unemployment rate in Altamont, MO is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Altamont, MO a good place to live?
Altamont offers a moderate cost of living, affordable housing, and a strong job market. With a population of 150 and a median age of 36.5, the city appeals to a broad range of residents.
How educated is Altamont, MO?
3.2% of residents in Altamont 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 Altamont?
Key cost-of-living indicators for Altamont, MO: median home value is $0 (100% below national), median rent is $850/month, and median household income is $41,250. The home-value-to-income ratio is 0.0x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Altamont?
The poverty rate in Altamont, MO is 30.7%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Altamont, MO?
Altamont's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.