What percentage of people rent in Altamont, IL?
22.2% (±7.6 points) of the occupied homes in Altamont, IL are rented (2020–2024 American Community Survey).
That is 197 renting households against 692 that own their home.
In Altamont, the share of households that rent went from 31.2% in 2015–2019 to 22.2% in 2020–2024 (−9.0 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 22.2% (±7.6 points)
- Renting households
- 197 (±77)
- Median renter income
- $41,458 (±$22,111)
Who rents and who owns in Altamont
| Altamont | Effingham County | Illinois | United States | |
|---|---|---|---|---|
| Renter-occupied share | 22.2% (±7.6 points) | 21.8% (±2.0 points) | 32.9% (±0.2 points) | 34.8% |
| Renting households | 197 (±77) | 3,035 (±286) | 1,657,539 (±10,322) | 45,017,354 |
| Owning households | 692 (±90) | 10,916 (±330) | 3,378,910 (±14,728) | 84,210,142 |
| Average renter household size | 2.0 (±0.3) | 1.9 (±0.2) | 2.2 (±0.0) | 2.3 |
| Average owner household size | 2.7 (±0.3) | 2.6 (±0.1) | 2.6 (±0.0) | 2.6 |
| Median renter household income | $41,458 (±$22,111) | $43,823 (±$6,852) | $50,420 (±$471) | $52,966 |
| Median owner household income | $77,105 (±$11,243) | $94,347 (±$4,655) | $103,505 (±$377) | $100,009 |
In Altamont, the renter share is not measurably different from Effingham County (21.8%).
It is also lower than in Illinois (32.9%).
It is lower than the national figure (34.8%).
In Effingham County, Altamont ranks 9 of 25 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 1045 of 2,751.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Altamont has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 31.2% (±7.9 points) | 22.2% (±7.6 points) | −9.0 percentage points | Not a measurable change |
| Median gross rent | $748 (±$63) | $791 (±$170) | +5.7% | No measurable change after inflation |
| Median household income | $46,204 (±$5,907) | $75,510 (±$13,343) | +63.4% | Up 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 Altamont
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Altamont | — | 22.2% (±7.6 points) | — |
| Mound Township (Effingham County) | 0.8 mi | 17.7% (±5.1 points) | Not measurably different |
| Moccasin Township | 5.1 mi | 15.5% (±14.9 points) | Not measurably different |
| Jackson Township (Effingham County) | 6.1 mi | 3.1% (±4.5 points) | Lower |
| St. Elmo | 6.1 mi | 18.0% (±8.3 points) | Not measurably different |
| Avena Township | 6.3 mi | 16.8% (±5.5 points) | Not measurably different |
| West Township (Effingham County) | 7.4 mi | 0.0% (±24.5 points) | Not measurably different |
| Summit Township | 7.9 mi | 7.0% (±4.8 points) | Lower |
| Loudon Township | 9.1 mi | 14.2% (±9.6 points) | Not measurably different |
Nearby places with a measurably lower figure: Jackson Township (Effingham County), IL (3.1%), Summit Township, IL (7.0%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Effingham County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 3 | Effingham | 33.9% (±4.6 points) |
| 4 | Douglas Township (Effingham County) | 32.3% (±4.7 points) |
| 5 | Shumway | 27.9% (±17.6 points) |
| 6 | Montrose | 26.3% (±16.0 points) |
| 7 | Dieterich | 25.7% (±9.4 points) |
| 8 | Teutopolis | 23.2% (±9.3 points) |
| 9 | Altamont | 22.2% (±7.6 points) |
| 10 | Banner Township (Effingham County) | 22.1% (±11.6 points) |
| 11 | Mason | 22.0% (±11.0 points) |
| 12 | Union Township (Effingham County) | 21.4% (±18.4 points) |
| 13 | Bishop Township | 20.2% (±7.4 points) |
| 14 | Teutopolis Township | 18.1% (±7.3 points) |
| 15 | Mound Township (Effingham County) | 17.7% (±5.1 points) |
Showing 13 of 25 places in Effingham County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Altamont
How many renters are there in Altamont?
Altamont has an estimated 197 (±77) renting households, 22.2% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Altamont?
In Altamont, the share of households that rent went from 31.2% in 2015–2019 to 22.2% in 2020–2024 (−9.0 percentage points), not a measurable change.
How big are renting households in Altamont?
A renting household in Altamont has 2.0 people on average, against 2.7 in an owned home.
How much do renters earn in Altamont?
The median renting household in Altamont, IL has an income of $41,458 (±$22,111) a year, against $77,105 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Altamont city, Illinois
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Altamont city, Illinois
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Altamont city, Illinois
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Altamont city, Illinois
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Altamont city, Illinois
- 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 Altamont city, Illinois (place:01049, in state:17).
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
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- Median rent in Altamont
- Rent burden in Altamont
- Income and affordability in Altamont
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- Homeowner costs in Altamont
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- Types of homes in Altamont
- Bedrooms in Altamont
- Age of homes in Altamont
- Heating fuel in Altamont
- Commute and cars in Altamont
- Crime reported to police in Altamont
- Population growth in Altamont
- How long people stay in Altamont
- Illinois landlord and tenant rules
- Housing across Effingham County
- Illinois places ranked by share of renters
- Housing data for every place in Illinois