Altamont, OR
Population 19,844 · Oregon
About Altamont, OR
Altamont is a mid-sized city located in Oregon with a population of 19,844 residents according to the latest US Census Bureau American Community Survey data. The median household income is $56,236 per year, which is 25% 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 $222,600, which is 9% below 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 $998, 14% below the national average of $1,163/month. Of the 8,139 total housing units, 69% are owner-occupied (5,361 units) and 31% are renter-occupied (2,426 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Altamont shows an unemployment rate of 7.8%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 19.8%, above the national average of 12.4%. Workers in Altamont have an average one-way commute time of 14.5 minutes, one of the shorter commutes in the region.
Education & Demographics
19.7% 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 15.6% White, 6.4% Hispanic or Latino, 0.1% Black or African American, and 1.6% Asian residents, with 4.2% of the population being foreign-born.
How Altamont Ranks in Oregon
Cost of Living in Altamont, OR
Compared to national averages, Altamont has a median household income of $56,236 (25% below the national median of $75,149). Home values average $222,600, which is 9% below the national median. Monthly rent at $998 is 14% below the US average of $1,163. Within Oregon, Altamont's income is 26% below the state average of $76,196, and home values are 42% below the state median of $382,095.
Why Live in Altamont, OR?
Altamont offers affordable housing with a median home value of $222,600, below the US average of $244,900, and rent that’s lower than the national average at $998/month, and short commute times averaging just 14.5 minutes.
Potential considerations include median household income ($56,236) 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 19,844 with a median age of 36.5 years. Compare Altamont with other cities to see how it stacks up, or explore all cities in Oregon.
Similar Cities Near Altamont
Cities in Oregon with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Cedar Mill | 19,482 | $167,037 | $839,200 | Compare |
| Sherwood | 20,227 | $110,616 | $564,200 | Compare |
| Hermiston | 19,406 | $67,128 | $244,700 | Compare |
| Central Point | 19,183 | $80,450 | $357,700 | Compare |
| Lebanon | 18,978 | $56,740 | $295,900 | Compare |
| Milwaukie | 21,256 | $82,422 | $477,200 | Compare |
| Ashland | 21,343 | $71,782 | $573,700 | Compare |
| Canby | 18,103 | $100,268 | $479,500 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Oregon
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, OR?
The population of Altamont, OR is 19,844 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in Oregon.
What is the median household income in Altamont?
The median household income in Altamont, OR is $56,236 per year, which is 25% below the national median of $75,149.
What is the median home value in Altamont?
The median home value in Altamont, OR is $222,600, which is 9% 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, OR is $998, which is 14% below the national average of $1,163/month.
What is the unemployment rate in Altamont?
The unemployment rate in Altamont, OR is 7.8%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Altamont, OR a good place to live?
Altamont offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 19,844 and a median age of 36.5, the city appeals to a broad range of residents.
How educated is Altamont, OR?
19.7% 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, OR: median home value is $222,600 (9% below national), median rent is $998/month, and median household income is $56,236. The home-value-to-income ratio is 4.0x, a moderate figure by national standards.
What is the poverty rate in Altamont?
The poverty rate in Altamont, OR is 19.8%, 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, OR?
Altamont's population is 15.6% White, 6.4% Hispanic or Latino, 0.1% Black or African American, 1.6% Asian, and 1.0% two or more races. 4.2% of residents are foreign-born.