What percentage of people rent in Altus, AR?
25.2% (±10.9 points) of the occupied homes in Altus, AR are rented (2020–2024 American Community Survey).
That is 80 renting households against 238 that own their home.
In Altus, the share of households that rent went from 46.5% in 2015–2019 to 25.2% in 2020–2024 (−21.3 percentage points), a measurable decrease.
Figures last updated on .
- Households that rent
- 25.2% (±10.9 points)
- Renting households
- 80 (±42)
- Median renter income
- $18,214 (±$12,589)
Who rents and who owns in Altus
| Altus | Franklin County | Arkansas | United States | |
|---|---|---|---|---|
| Renter-occupied share | 25.2% (±10.9 points) | 22.0% (±3.5 points) | 33.6% (±0.4 points) | 34.8% |
| Renting households | 80 (±42) | 1,554 (±257) | 405,123 (±3,925) | 45,017,354 |
| Owning households | 238 (±66) | 5,494 (±260) | 800,864 (±6,305) | 84,210,142 |
| Average renter household size | 1.7 (±0.4) | 2.3 (±0.3) | 2.3 (±0.0) | 2.3 |
| Average owner household size | 2.9 (±0.8) | 2.4 (±0.1) | 2.5 (±0.0) | 2.6 |
| Median renter household income | $18,214 (±$12,589) | $27,358 (±$6,216) | $39,315 (±$589) | $52,966 |
| Median owner household income | $56,912 (±$17,204) | $61,860 (±$4,870) | $75,473 (±$657) | $100,009 |
In Altus, the renter share is not measurably different from Franklin County (22.0%).
It is not measurably different from Arkansas (33.6%).
It is not measurably different from the national figure (34.8%).
In Franklin County, Altus ranks 3 of 6 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 304 of 515.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Altus has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 46.5% (±11.8 points) | 25.2% (±10.9 points) | −21.3 percentage points | Measurable decrease |
| Median gross rent | $563 (±$58) | $592 (±$298) | +5.2% | No measurable change after inflation |
| Median household income | $36,188 (±$5,704) | $47,500 (±$21,115) | +31.3% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Households that rent in places near Altus
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Altus | — | 25.2% (±10.9 points) | — |
| Denning | 1.6 mi | 21.5% (±14.8 points) | Not measurably different |
| Wiederkehr Village | 2.1 mi | 0.0% (±100.0 points) | Not measurably different |
| Coal Hill | 5.6 mi | 32.3% (±11.4 points) | Not measurably different |
| Ozark | 6.1 mi | 44.4% (±10.7 points) | Higher |
| Hartman | 7.7 mi | 35.7% (±14.2 points) | Not measurably different |
| Paris | 11 mi | 23.8% (±7.1 points) | Not measurably different |
| Caulksville | 12 mi | 13.6% (±12.3 points) | Not measurably different |
| Ratcliff | 12 mi | 8.2% (±9.7 points) | Lower |
Nearby places with a measurably lower figure: Ratcliff, AR (8.2%).
Nearby places with a measurably higher figure: Ozark, AR (44.4%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Franklin County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 1 | Ozark | 44.4% (±10.7 points) |
| 2 | Charleston | 27.8% (±8.0 points) |
| 3 | Altus | 25.2% (±10.9 points) |
| 4 | Denning | 21.5% (±14.8 points) |
| 5 | Branch | 12.2% (±12.5 points) |
| 6 | Wiederkehr Village | 0.0% (±100.0 points) |
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Altus
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Questions about Altus
How many renters are there in Altus?
Altus has an estimated 80 (±42) renting households, 25.2% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Altus?
In Altus, the share of households that rent went from 46.5% in 2015–2019 to 25.2% in 2020–2024 (−21.3 percentage points), a measurable decrease.
How big are renting households in Altus?
A renting household in Altus has 1.7 people on average, against 2.9 in an owned home.
How much do renters earn in Altus?
The median renting household in Altus, AR has an income of $18,214 (±$12,589) a year, against $56,912 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Altus city, Arkansas
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Altus city, Arkansas
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Altus city, Arkansas
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Altus city, Arkansas
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Altus city, Arkansas
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Altus city, Arkansas (place:01210, in state:05).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.
The API needs a free key.
DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Altus at a glance
- Income and affordability in Altus
- Home values in Altus
- Homeowner costs in Altus
- Property taxes in Altus
- Types of homes in Altus
- Bedrooms in Altus
- Age of homes in Altus
- Heating fuel in Altus
- Commute and cars in Altus
- How long people stay in Altus
- Arkansas landlord and tenant rules
- Housing across Franklin County
- Arkansas places ranked by share of renters
- Housing data for every place in Arkansas