Altamont, TN

Full City Profile · Tennessee · Grundy County County

3.0 /5.0
B Good
1,100 Population 56/sq mi density
$40,221 Median Income $29,662 per capita
$85,900 Home Value $163,132 Zillow
$818 Median Rent 32.7% income on rent
55°F Avg Temperature
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
C
Economy
2.1 / 5.0
$40,221 median income, 15.5% unemployment
A+
Affordability
5.0 / 5.0
$85,900 home value, $818/mo rent
C
Education
2.0 / 5.0
12.5% bachelor's degree or higher

Altamont, TN

At a Glance

Median Income
$40,221
46% below
$29,662 per capita
Home Value
$85,900
70% below
Zillow: $163,132
Median Rent
$818/mo
30% below
32.7% of income on rent
Bachelor's Degree+
12.5%
63% below
73.8% high school+
Unemployment
15.5%
331% above
14.6% poverty rate
Obesity Rate
43.0%
34% above
29.6% smoking rate
Avg Temperature
55°F

How Altamont Compares to the U.S. Average

Each bar shows Altamont's value as a percentage of the national average (100% = U.S. avg)

Income
54%
Home Value
30%
Rent
70%
Poverty
118%
Bachelor's
37%
Unemployment
431%
Thin vertical line = U.S. national average (100%)

Is Altamont a Good Place to Live?

B
3.0 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Altamont residents earn a median household income of $40,221 , which is 46% below the national average of $75,149. Per capita income is $29,662. The unemployment rate stands at 15.5% (331% above the U.S. rate of 3.6%). 14.6% of residents live below the poverty line. The area is home to 246 business establishments, including 11 restaurants.

Housing & Cost of Living

The median home value in Altamont is $85,900 , 70% below the national median of $281,900. Zillow estimates the typical home at $163,132. Median rent is $818/month, with 32.7% of renters spending more than 30% of income on housing. The cost of living index is 91.9 (100 = national average). The median home was built in 1989.

Education

12.5% of adults in Altamont hold a bachelor's degree or higher (63% below the national average). 73.8% have completed high school. Local schools score 4.2/10 in standardized testing.

Climate & Weather

Altamont has an average annual temperature of 55°F (13°C). Winters average 35°F in January while summers reach 73°F in July. Annual precipitation totals 63.2 inches.

Data Overview

People

Population1,100
Median Age49.0 yrs
Density56/mi²
Male / Female54% / 46%
Foreign Born0.4%
Veterans7.5%

Economy

C
Median Income$40,221
Per Capita$29,662
Unemployment15.5%
Poverty14.6%
County GDP$344M
Avg Weekly Wage$758

Housing

A+
Home Value$85,900
Rent$818
Ownership92.2%
Zillow$163,132
Housing Units373
Rent Burden32.7%

Health

Obesity43.0%
Diabetes15.1%
Smoking29.6%
Heart Disease8.7%
Premature Death16,198/100K

Climate

Avg Temp55°F
Rain63.2 in/yr
Elevation1,856 ft

Education

C
Bachelor's+12.5%
High School+73.8%
Graduate+1.6%
School Score4.2/10

Community

2024 VoteR 84% / D 15%
Commute33 min
Broadband70.9%
Internet Speed185 Mbps
EV Stations1
Libraries5

Did You Know?

Altamont was founded in 1848.
The median home in Altamont was built in 1989.
The nearest airport is Tullahoma Regional/Wm Northern Field (29 miles).
The Gini coefficient (income inequality) is 0.459 (U.S. avg: 0.490).
Natural hazard risk is rated "Very Low" by FEMA.
38.0% of the population has a disability.
Average internet download speed is 185 Mbps.
The county recorded 1 fatal vehicle crashes.