HomeArkansasFranklin CountyAltus city
Altus city, Arkansas: commercial real estate data.
Altus city is a Census city of 827 people across 1.89 square miles of land, in Franklin County. Median household income is $47,500, 74.8 percent of occupied homes are owned, and the SBA record carries 2 7(a) approvals to borrowers here worth $2.0 m.
66 sourced place values · tier FULL · 7 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Altus
What Altus is
- Census place typecity
- Land area1.89 sq mi
- Water area0 sq mi
- Population per square mile of land437 plus or minus 133
- County holding the largest share of its areaFranklin County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Altus
How many people live in Altus
- Population827 plus or minus 252
- Median age41.9 plus or minus 8.6
- Population under 18175 plus or minus 67
- Share under 1821.2 percent plus or minus 4.8
- Population 65 and over178 plus or minus 66
- Share 65 and over21.5 percent plus or minus 4.6
- Households318 plus or minus 78
- Family households171 plus or minus 51
- Share of households that are families53.8 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Altus
Income and work in Altus
- Median household income$47,500 plus or minus $21,115
- Per capita income$25,974 plus or minus $6,575
- Civilian labor force362 plus or minus 130
- Employed334 plus or minus 121
- Unemployed28 plus or minus 23
- Unemployment rate7.7 percent plus or minus 5.7
- Adults 25 and over552 plus or minus 152
- Adults 25 and over with a high school diploma or higher85.0 percent plus or minus 32.8
- Adults 25 and over with a bachelor degree or higher12.1 percent plus or minus 6.9
- Adults 25 and over with a graduate degree3.3 percent plus or minus 4.7
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Altus
Housing in Altus
- Housing units358 plus or minus 85
- Occupied units318 plus or minus 78
- Vacant units40 plus or minus 30
- Vacancy rate11.2 percent plus or minus 7.9
- Owner occupied238 plus or minus 66
- Renter occupied80 plus or minus 42
- Ownership rate74.8 percent
- Median owner-occupied home value$108,200
- Median gross rent, monthly$592 plus or minus $298
- Annual rent as a share of median income15.0 percent plus or minus 10.0
- Single family units289 plus or minus 76
- Share single family80.7 percent
- Units in buildings of two or more36 plus or minus 27
- Share in buildings of two or more10.1 percent plus or minus 7.1
- Mobile homes33 plus or minus 27
- Median year structure built1973
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Altus
How Altus gets to work
- Workers 16 and over who commute308 plus or minus 114
- Commuting under 15 minutes143 plus or minus 56
- Share commuting under 15 minutes46.4 percent
- Commuting 30 minutes or more53 plus or minus 30
- Share commuting 30 minutes or more17.2 percent plus or minus 7.4
- Drove alone79.8 percent
- Carpooled5.6 percent plus or minus 5.2
- Public transport7.1 percent plus or minus 12.1
- Walked0.6 percent plus or minus 1.2
- Worked from home4.3 percent plus or minus 5.4
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Altus
SBA loans in Altus (7(a))
- Approvals2
- Gross approval$2,026,000
- Average approval$1,013,000
- Median approval$1,755,000
- Ninetieth percentile approval$1,755,000
- Largest approval$1,755,000
- Jobs supported8
- Jobs per approval4.0
- Loans with a final outcome0
- Paid in full0
- Charged off0
- Median term252 months
- Share on real estate terms of 20 years or more50.0 percent
- Share to franchises0.0 percent
- Distinct lenders1
- Distinct industries by NAICS1
A charge-off rate is not published here. only 0 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Franklin County, not Altus
Franklin County context, not Altus figures
These are Franklin County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Altus measurements.
- Establishments in Franklin County309
- Employment at those establishments, Franklin County4,429
- Covered employment, Franklin County4,972
- Average annual pay, Franklin County$44,454
- Average weekly wage, Franklin County$855
- Housing units permitted, Franklin County16
- Of those, single family, Franklin County16
- County product, 2024, Franklin County$688,949,000
- County product change over the prior year, Franklin County18.9 percent
- Average income of an arriving household, Franklin County$46,978
Every figure in this section is published for Franklin County as a whole and is not a measurement of Altus. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Altus questions, answered from the record.
How many people live in Altus, Arkansas?
827, in 318 households. Altus city covers 1.89 square miles of land, which is 437 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Altus in?
Franklin County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Altus?
$47,500. The median owner-occupied home is valued at $108,200. Median gross rent is $592 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Altus businesses?
2 7(a) approvals totalling $2.0 m, across 1 lenders, median approval $1,755,000. These count approvals to borrowers whose address is in Altus, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Altus borrowers get paid back?
No rate is published for Altus. only 0 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Are the county figures on this page Altus figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Franklin County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Altus.
Is zoning published for Altus?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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