HomeIllinoisEffingham CountyAltamont city
Altamont city, Illinois: commercial real estate data.
Altamont city is a Census city of 2,282 people across 1.54 square miles of land, in Effingham County. Median household income is $75,510, 77.8 percent of occupied homes are owned, and the SBA record carries 5 7(a) approvals to borrowers here worth $4.7 m.
80 sourced place values · tier FULL · 9 sections
Altamont
What Altamont is
- Census place typecity
- Land area1.54 sq mi
- Water area0.01 sq mi
- Population per square mile of land1,485
- County holding the largest share of its areaEffingham 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.
Altamont
How many people live in Altamont
- Population2,282
- Median age38.9
- Population under 18584 plus or minus 124
- Share under 1825.6 percent
- Population 65 and over495 plus or minus 99
- Share 65 and over21.7 percent
- Households889
- Family households579
- Share of households that are families65.1 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Altamont
Income and work in Altamont
- Median household income$75,510
- Per capita income$31,950
- Civilian labor force1,022
- Employed1,019
- Unemployed3 plus or minus 6
- Unemployment rate0.3 percent plus or minus 0.6
- Adults 25 and over1,614
- Adults 25 and over with a high school diploma or higher95.0 percent
- Adults 25 and over with a bachelor degree or higher21.7 percent plus or minus 6.5
- Adults 25 and over with a graduate degree4.4 percent plus or minus 2.4
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Altamont
Housing in Altamont
- Housing units937
- Occupied units889
- Vacant units48 plus or minus 43
- Vacancy rate5.1 percent plus or minus 4.5
- Owner occupied692
- Renter occupied197 plus or minus 77
- Ownership rate77.8 percent
- Median owner-occupied home value$129,800
- Median gross rent, monthly$791 plus or minus $170
- Annual rent as a share of median income12.6 percent plus or minus 3.5
- Single family units744
- Share single family79.4 percent
- Units in buildings of two or more112 plus or minus 59
- Share in buildings of two or more12.0 percent plus or minus 6.1
- Mobile homes81 plus or minus 48
- Median year structure built1963
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Altamont
How Altamont gets to work
- Workers 16 and over who commute951
- Commuting under 15 minutes340 plus or minus 110
- Share commuting under 15 minutes35.8 percent plus or minus 9.9
- Commuting 30 minutes or more230 plus or minus 91
- Share commuting 30 minutes or more24.2 percent plus or minus 8.7
- Drove alone78.2 percent
- Carpooled12.3 percent plus or minus 7.0
- Public transport0.5 percent plus or minus 0.7
- Walked0.0 percent
- Worked from home6.3 percent plus or minus 4.2
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Altamont
SBA 7(a) lending to Altamont borrowers
- Approvals5
- Gross approval$4,733,000
- Average approval$946,600
- Median approval$900,000
- Ninetieth percentile approval$2,400,000
- Largest approval$2,400,000
- Jobs supported78
- Jobs per approval15.6
- Loans with a final outcome1
- Paid in full1
- Charged off0
- Median term84 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises0.0 percent
- Distinct lenders1
- Distinct industries by NAICS1
A charge-off rate is not published here. only 1 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.
Altamont
SBA 504 lending to Altamont borrowers
- Approvals1
- Gross approval$940,000
- Average approval$940,000
- Median approval$940,000
- Largest approval$940,000
- Jobs supported10
- Loans with a final outcome0
- Charged off0
- Median term240 months
- Distinct CDCs1
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Altamont
Flood programme status in Altamont
- Listed NFIP communities1
- Of those, participating1
- NFIP community number170228
- Currently effective map date01/17/25
This community carries no Community Rating System class, so no CRS premium discount applies to it.
FEMA, National Flood Insurance Program Community Status Book, Community Status Book, as retrieved.
Effingham County, not Altamont
Effingham County context, not Altamont figures
These are Effingham County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Altamont measurements.
- Establishments in Effingham County1,263
- Employment at those establishments, Effingham County32,183
- Covered employment, Effingham County23,242
- Average annual pay, Effingham County$53,064
- Average weekly wage, Effingham County$1,020
- Housing units permitted, Effingham County30
- Of those, single family, Effingham County30
- County product, 2024, Effingham County$3,084,193,000
- County product change over the prior year, Effingham County5.9 percent
- Average income of an arriving household, Effingham County$58,125
Every figure in this section is published for Effingham County as a whole and is not a measurement of Altamont. 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.
- 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
Altamont questions, answered from the record.
How many people live in Altamont, Illinois?
2,282, in 889 households. Altamont city covers 1.54 square miles of land, which is 1,485 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Altamont in?
Effingham 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 Altamont?
$75,510. The median owner-occupied home is valued at $129,800. Median gross rent is $791 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Altamont businesses?
5 7(a) approvals totalling $4.7 m, across 1 lenders, median approval $900,000, plus 1 504 approvals worth $940,000. These count approvals to borrowers whose address is in Altamont, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Altamont borrowers get paid back?
No rate is published for Altamont. only 1 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.
Is Altamont in the National Flood Insurance Program?
Yes. Altamont appears in the FEMA Community Status Book as community 170228, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Altamont figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Effingham 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 Altamont.
Is zoning published for Altamont?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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