HomeIllinoisEffingham CountyAltamont
Altamont, Illinois: commercial real estate data.
Altamont 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 since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
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 loans in Altamont (7(a))
- Approvals5
- Gross approval$4,733,000
- Average approval$946,600
- Median approval$900,000
- 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
Counted by borrower city: approvals to borrowers whose address is in Altamont, in any county, FY2020 to FY2026. Only 1 loan has reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Altamont
SBA loans in Altamont (504)
- 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
Counted by borrower city: approvals to borrowers whose address is in Altamont, in any county, FY2010 to FY2026. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Altamont
Flood risk in Altamont
- NFIP communityCity of Altamont
- NFIP community number170228
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date01/17/25
The City of Altamont participates in the National Flood Insurance Program as community 170228 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Effingham County, not Altamont
Effingham County context, not Altamont figures
- Establishments in Effingham County1,263
- Covered employment, Effingham County23,242
- Average annual pay, Effingham County$53,064
- Housing units permitted, Effingham County30
Every figure in this section is published for Effingham County as a whole and is not a measurement of Altamont.
All Effingham County figures →
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.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
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 totaling $4.7 m since FY2020, across 1 lenders, median approval $900,000, plus 1 504 approvals worth $940,000 since FY2010. 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 loan has reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Altamont in the National Flood Insurance Program?
Yes. Altamont appears in the FEMA Community Status Book as Altamont, city of, 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 labeled 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?
No. Nothing on this page presents parcel level zoning.
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