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Altamont

Learn about the people, housing, costs and businesses in Altamont, Kansas

Median Home$123,494
Median Rent$732/month
Population1,041
Leading IndustriesRetail · Professional Services · Finance & Insurance16% retail
Home Value Growth+7.8% over 2 years
Family-Friendly24% of residentsslightly above average
Homeowners80% of occupied units
NotableAffordable Market$123k median home · lower cost than 83% of the country
NotableHighly Educated23% hold a bachelor's degree · top 23% nationally
Altamont
KS

Frequently Asked Questions

What are today's mortgage rates in Altamont?

As of today, the 30-year fixed mortgage rate for Altamont is approximately 6.996% (7.036% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Altamont?

The median home value in Altamont is $123k. The median monthly rent is $732. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Altamont?

Home values in Altamont have increased 7.8% over the past two years. This represents moderate growth. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Altamont?

Based on a typical all-in ownership cost of $717/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $31k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Altamont is $70k/year.

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What industries drive the economy in Altamont?

The largest employment sectors in Altamont are public administration (24%) and retail (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.