Altamont, UT
Population 390 · Utah
About Altamont, UT
Altamont is a small community located in Utah with a population of 390 residents according to the latest US Census Bureau American Community Survey data. The median household income is $88,750 per year, which is 18% above the national median of $75,149. The median age of 22.8 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Altamont features a median home value of $200,000, which is 18% 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 $0, 100% below the national average of $1,163/month. Of the 112 total housing units, 95% are owner-occupied (88 units) and 5% are renter-occupied (5 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Altamont shows an unemployment rate of 4.1%, which is near the national rate of 3.7%. The poverty rate stands at 5.6%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Altamont have an average one-way commute time of 18.2 minutes, one of the shorter commutes in the region.
Education & Demographics
22.9% 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 1.3% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 1.5% of the population being foreign-born.
How Altamont Ranks in Utah
Cost of Living in Altamont, UT
Compared to national averages, Altamont has a median household income of $88,750 (18% above the national median of $75,149). Home values average $200,000, which is 18% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Utah, Altamont's income is 0% above the state average of $88,715, and home values are 53% below the state median of $426,386.
Why Live in Altamont, UT?
Altamont offers a strong local economy with a median household income of $88,750, well above the national average, and affordable housing with a median home value of $200,000, below the US average of $244,900, and rent that’s lower than the national average at $0/month. Additionally, the city features a low poverty rate of 5.6%, better than the national average, and short commute times averaging just 18.2 minutes.
Altamont has a population of 390 with a median age of 22.8 years. Compare Altamont with other cities to see how it stacks up, or explore all cities in Utah.
Similar Cities Near Altamont
Cities in Utah with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Boulder | 389 | $50,450 | $304,300 | Compare |
| Fayette | 388 | $67,917 | $234,400 | Compare |
| Plymouth | 394 | $83,393 | $345,700 | Compare |
| Bicknell | 383 | $71,563 | $338,900 | Compare |
| Fort Duchesne | 375 | $40,052 | $167,000 | Compare |
| Pine Valley | 372 | $98,580 | $570,900 | Compare |
| Neola | 370 | $96,250 | $198,400 | Compare |
| Cove | 412 | $130,469 | $557,700 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Utah
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, UT?
The population of Altamont, UT is 390 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Utah.
What is the median household income in Altamont?
The median household income in Altamont, UT is $88,750 per year, which is 18% above the national median of $75,149.
What is the median home value in Altamont?
The median home value in Altamont, UT is $200,000, which is 18% 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, UT is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Altamont?
The unemployment rate in Altamont, UT is 4.1%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Altamont, UT a good place to live?
Altamont offers above-average incomes, affordable housing, and growing employment opportunities. With a population of 390 and a median age of 22.8, the city appeals to young professionals and families.
How educated is Altamont, UT?
22.9% 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, UT: median home value is $200,000 (18% below national), median rent is $0/month, and median household income is $88,750. The home-value-to-income ratio is 2.3x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Altamont?
The poverty rate in Altamont, UT is 5.6%, 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, UT?
Altamont's population is 1.3% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 1.3% two or more races. 1.5% of residents are foreign-born.