Altamont Average Income, Population and Demographics

Are you tired of spending 10+ hours searching for demographic and population data for Altamont, New York? We have all of the data you need by state, county, city, and zip code that will save you many hours of research!

In this article, we'll explore most of the 190+ data points we have for Altamont, covering popular demographics statistics like household income, race, age and gender, educational attainment, poverty, housing, and transportation.

The data on this page is from the 2022 American Community Survey (ACS) 5-Year survey from the US Census Bureau.

Median Household Income

According to the latest ACS 5-year survey in 2022, the median household income in Altamont is $104,350.00.

The chart below shows the average household income by age in Altamont.

• Under 25
  $0.00
• 25 to 44
  $102,500.00
• 45 to 64
  $124,167.00
• 65 and over
  $58,393.00

Average Household Income

A very commonly asked question is "what is the average household income in Altamont, New York?". The official term for the average household income is the mean household income. The mean household income is the total income of all households divided by the number of households.

The average (or mean) household income in Altamont is $114,820.00.

6.61% of households in Altamont, New York are classed as high income households (making $200,000+ per year).

Household Income Tiers for Altamont

We can also look at the household income tiers. This lets you see how many households fall into each of the earnings brackets and what percentage that bracket is of the total number of households.

The chart below shows the household income brackets to see which age groups have the highest median income. The actual data is more granular than these brackets, but we've simplified them into bigger categories to make reviewing the data for Altamont, New York easier to view.

You can purchase the raw data above, which will have the full income tiers with smaller jumps in household income.

• Less than $24,999
  8.08%
• $25,000 to $49,999
  13.22%
• $50,000 to $74,999
  13.51%
• $75,000 to $99,999
  11.60%
• $100,000 to $149,999
  27.17%
• $150,000 to $199,999
  19.82%
• $200,000 or more
  6.61%

Per Capita Income

The per capita income is the average income of all people in Altamont, New York. This is calculated by dividing the total income of all people in Altamont by the total number of people in Altamont.

It differs from the average or mean household income because it includes all people in Altamont and not just the people who earn an income (i.e. children, retirees, unemployed, etc.).

The per capita income in Altamont, New York is $46,524.00.

Population in Altamont by Race and Ethnicity

The total population in Altamont is currently 1,745 people.

The race and ethnicity of the population in Altamont can be very important for social research, economics, and marketing to a multi-culturial society.

Whether you want to target products or services to a particular race or ethnicity, or provide housing and new businesses to improve areas with a larger ethnic minority population, this data is very valuable for discovering suitable areas.

The chart below breaks down the population and percentage for each race and ethnicity in Altamont, New York.

• 2.10% White
  37
• 96.40% Black/African American
  1,682
• 91.20% Native
  1,592
• 3.70% Hispanic
  64
• 1.40% Asian
  24
• 0.00% Hawaiian/Pacific Islander
  0
• 0.00% Two or more races
  0
• 1.80% Other
  31

Population of Altamont by Age and Gender

Another very important demographics statistic for Altamont, New York is the age and gender of the population. The age and gender of the population can be used to track trends in population growth or decline, and for businesses, the data can be used to identify people important to you and your business need.

In the table below, we show age groups at a 10 year granularity for ease of use. The raw data, which can be purchased above, includes age and gender at a 5 year granularity.

Education Levels

Educational attainment is a very useful statistic that can give insights into other data such as the average household income, unemployment levels, and literacy.

What this means is that it is likely for areas that have higher levels of education to have higher average household incomes, lower unemployment rates, and higher literacy rates.

The chart below shows the educational attainment of the population in Altamont, New York.

• Master's degree or higher
  32.43%
• Bachelor's degree
  40.57%
• Some college or associate's degree
  7.11%
• High school diploma or equivalent
  19.38%
• Less than high school diploma
  0.52%

Unemployment Rates

The unemployment rate is the percentage of the population that is actively looking for work but is unable to find a job. The unemployment rate is a very important statistic for Altamont because it can show how many people are actively looking for work and how many people are unable to find a job.

Lower levels of unemployment is generally seen as a positive sign for the economy. It also makes the government in Altamont look good because it shows that they are doing a good job of creating jobs, working to capacity, being efficient, and keeping the economy strong.

The unemployment rate is calculated using the total population in Altamont, New York that are over the age of 16.

The current population in Altamont that are over the age of 16 is 1,360 people.

The unemployment rate in Altamont is 0.80%, which means 8 people are unemployed.

Median Age in Altamont

The median age is an interesting metric because it gives us an idea of the age distribution of people in Altamont, New York. You know when you see a median age that it is the age where half of the population is older and half is younger than it.

For demographic studies, this can be used to infer and compare date to things such as birth rates, the age of parents, and so on.

An increasing median age can be a sign of an aging population, which can be a sign of a declining population. This is because older people tend to have fewer children and die more often than younger people.

The median age in Altamont is 44.2 years old.

We can also look at the median age by gender to compare the see how each group compares to the total median age:

Median age by gender in Altamont

44.2

Total

41.1

Male

46.4

Female

Households and Families

There are a total of 681 households in Altamont, and the average household size is 2.51 people.

For families, the total number is 401, and the average family size is 3.22 people.

2.70% of those families in Altamont, New York are living below the poverty line.

The table below shows the poverty thresholds for Altamont in .

Households and Families by Marital Status

There are four types of household and family, as defined by the Census Bureau:

• Married-couple
• Male householder, no spouse present
• Female householder, no spouse present
• Nonfamily household

In the table below, you can see the total households and families in Altamont, New York for each type, as well as the average sizes.

Housing Data in Altamont

There are total of 705 housing units in Altamont, New York. Of those units, 681 (96.60%) are occupied, and 24 (3.40%) are vacant.

Rental Rates

Of the 705 housing units in Altamont, 154 (21.84%) are occupied by renters. The median rent paid by renters is $1,052.00.

Owner occupied housing units make up the remaining 74.33% of housing units, with 524 housing units in total.

The table below breaks down how much rent is paid by renters in Altamont, New York.

• No rent paid
  3
• Less than $500
  44
• $500 to $999
  27
• $1,000 to $1,499
  59
• $1,500 to $1,999
  24
• $2,000 to $2,499
  0
• $2,500 to $2,999
  0
• $3,000 or more
  0

Property Values

The median value of a property in Altamont is $287,000.00.

The table below breaks down the range of valuations for all properties in Altamont.

• Less than $50,000
  12
• $50,000 to $99,999
  0
• $100,000 to $149,999
  2
• $150,000 to $199,999
  77
• $200,000 to $299,999
  201
• $300,000 to $499,999
  199
• $500,000 to $999,999
  33
• $1,000,000 or more
  0

Property Age

We can also look at the number of properties built in a given year to see the spread of property age in Altamont, New York.

• 1939 or earlier
  213
• 1940 to 1949
  36
• 1950 to 1959
  105
• 1960 to 1969
  65
• 1970 to 1979
  67
• 1980 to 1989
  48
• 1990 to 1999
  122
• 2000 to 2009
  11
• 2010 to 2013
  27
• 2014 or later
  11

Vehicles Available per Household

Finally, we have data on how many vehicles each household in Altamont has. The table below breaks down the number of vehicles available per household.

• No vehicles available
  19
• 1 vehicle available
  268
• 2 vehicles available
  299
• 3 or more vehicles available
  95

Commuting to Work in Altamont

The time and means of commuting to work are useful metrics to look at because they can be correlated against other data such as income and education level.

Does a longer commuting time indicate a higher average income? If so, has the huge increase in home working during the pandemic changed this?

Using these metrics, we can get a better understanding of the demographics of Altamont, New York, how they commute, and how that correlates to other data points.

The average travel time is 30.5 minutes, and the chart below covers the range of travel times across the population of Altamont.

• Less than 5 minutes
  39
• 5 to 9 minutes
  48
• 10 to 14 minutes
  60
• 15 to 19 minutes
  43
• 20 to 24 minutes
  85
• 25 to 29 minutes
  98
• 30 to 34 minutes
  169
• 35 to 39 minutes
  52
• 40 to 44 minutes
  74
• 45 to 59 minutes
  76
• 60 to 89 minutes
  45
• 90 or more minutes
  18

We can also look at the means of transport in Altamont to see which modes of transport people are using to commute to work.

• Drove alone
  664
• Carpooled
  59
• Public transportation
  8
• Walked
  64
• Other means
  12
• Worked from home
  108

Conclusion

Hopefully this article has given you the demographics data you were looking for in Altamont, New York.

If you need more demographics data, or you need the data listed above in spreadsheet form with more granular grouping, head back to the top of this page where you can purchase the complete demographics data for Altamont.

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