Altamont, NY
Population 1,767 · New York
About Altamont, NY
Altamont is a small town located in New York with a population of 1,767 residents according to the latest US Census Bureau American Community Survey data. The median household income is $105,455 per year, which is 40% above the national median of $75,149. The median age of 43.4 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Altamont features a median home value of $306,700, which is 25% above the national median of $244,900. This positions Altamont in a moderately priced market relative to the rest of the country. Median monthly rent is $1,263, 9% above the national average of $1,163/month. Of the 737 total housing units, 78% are owner-occupied (558 units) and 22% are renter-occupied (158 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Altamont shows an unemployment rate of 0.9%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 3.5%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Altamont have an average one-way commute time of 30 minutes.
Education & Demographics
55.1% of Altamont residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 0.0% White, 1.3% Hispanic or Latino, 0.8% Black or African American, and 1.9% Asian residents, with 2.9% of the population being foreign-born.
How Altamont Ranks in New York
Cost of Living in Altamont, NY
Compared to national averages, Altamont has a median household income of $105,455 (40% above the national median of $75,149). Home values average $306,700, which is 25% above the national median. Monthly rent at $1,263 is 9% above the US average of $1,163. Within New York, Altamont's income is 9% above the state average of $96,987, and home values are 21% below the state median of $387,181.
Why Live in Altamont, NY?
Altamont offers a strong local economy with a median household income of $105,455, well above the national average, and a strong job market with an unemployment rate of just 0.9%, and a well-educated community where 55.1% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 3.5%, better than the national average.
Altamont has a population of 1,767 with a median age of 43.4 years. Compare Altamont with other cities to see how it stacks up, or explore all cities in New York.
Similar Cities Near Altamont
Cities in New York with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Northville | 1,771 | $118,056 | $819,800 | Compare |
| Allegany | 1,773 | $73,802 | $152,000 | Compare |
| Kerhonkson | 1,773 | $72,411 | $228,000 | Compare |
| Youngstown | 1,773 | $81,818 | $199,500 | Compare |
| Addison | 1,775 | $53,512 | $89,600 | Compare |
| Aquebogue | 1,778 | $128,309 | $586,900 | Compare |
| Cuba | 1,755 | $68,229 | $86,100 | Compare |
| Bay Park | 1,780 | $97,880 | $494,500 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in New York
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Altamont With Other Cities
Frequently Asked Questions about Altamont
What is the population of Altamont, NY?
The population of Altamont, NY is 1,767 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in New York.
What is the median household income in Altamont?
The median household income in Altamont, NY is $105,455 per year, which is 40% above the national median of $75,149.
What is the median home value in Altamont?
The median home value in Altamont, NY is $306,700, which is 25% above 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, NY is $1,263, which is 9% above the national average of $1,163/month.
What is the unemployment rate in Altamont?
The unemployment rate in Altamont, NY is 0.9%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Altamont, NY a good place to live?
Altamont offers above-average incomes, a competitive housing market, and a strong job market. With a population of 1,767 and a median age of 43.4, the city appeals to a broad range of residents.
How educated is Altamont, NY?
55.1% of residents in Altamont aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Altamont?
Key cost-of-living indicators for Altamont, NY: median home value is $306,700 (25% above national), median rent is $1,263/month, and median household income is $105,455. The home-value-to-income ratio is 2.9x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Altamont?
The poverty rate in Altamont, NY is 3.5%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Altamont, NY?
Altamont's population is 0.0% White, 1.3% Hispanic or Latino, 0.8% Black or African American, 1.9% Asian, and 0.7% two or more races. 2.9% of residents are foreign-born.