Altamont, IL Real Estate
According to census data in the year 2000 there were 955 housing units in Altamont.
This represents a 4.7% growth from 912 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 955 were located in what is classified as a rural area.
Homeownership rate in Altamont is about 77%.
Altamont's vacancy rate, including seasonal lodging, is about 6.1%.
Average household size is 2.42 people.
The majority of houses, apartments or condos in Altamont were built after 1962.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 8.10% |
| Two Bedrooms | 28.80% |
| Three Bedrooms | 50.30% |
| Four Bedrooms | 11.80% |
| Five Bedrooms or more | 1% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.41 |
| Median year structure was built | 1961 |
| Median Value of occupied units | $64,100 |
| Median Price asked for vacant units | $39,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.44 |
| Median year structure was built | 1964 |
| Median Monthly Rent asked for vacant units | $235 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4.20% |
| Home Equity Loan | 7.30% |
| Simple Mortgage | 44.10% |
| Debt Free | 44.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.4% |
