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Altamont, TN

Full City Profile · Tennessee · Grundy County County

2.7 /5.0
C+ Fair
1,100 Population 56/sq mi density
$40,221 Median Income $29,662 per capita
$85,900 Home Value $145,545 Zillow
$818 Median Rent 32.7% income on rent
55°F Avg Temperature 302 sunny days/yr
828 Violent Crime/100K 3,172 property/100K
C+
Overall
2.7 / 5.0
Fair overall score based on economy, affordability, safety and education
C+
Economy
2.6 / 5.0
$40,221 median income, 6.8% unemployment
A+
Affordability
5.0 / 5.0
$85,900 home value, $818/mo rent
F
Safety
1.0 / 5.0
828 violent crimes/100K (118% above avg)
C
Education
2.0 / 5.0
12.5% bachelor's degree or higher

Income Overview

Median Household Income
$40,221
46% below
US avg: $75,149
Per Capita Income
$29,662
24% below
US avg: $39,052
Unemployment Rate
6.8%
89% above
US avg: 3.6%
Poverty Rate
14.6%
18% above
US avg: 12.4%

Income Comparison: Altamont vs. U.S. Average

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

Median Household
US: $75,149
$40,221
54%
Per Capita
US: $39,052
$29,662
76%
IRS Avg AGI
US: $72,000
$53,656
75%
Avg Weekly Wage
US: $1,432
$758
53%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$758
47% below US avg ($1,432)
Mean Commute Time
33 min
18% above US avg (28 min)
Work From Home
12.7%
16% below US avg (15.2%)
Drive Alone
69.3%
5% below US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$344M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 69.3%
Public Transit 0%
Work From Home 12.7%
Other 18%
Average commute time
33 minutes
US avg: 28 min

Business Landscape

Total Establishments
246
Restaurants
11
Healthcare
17
Retail
38
Manufacturing
13

Tax & Financial

IRS Avg Adjusted Gross Income
$53,656
25% below US avg ($72,000)
Avg Property Tax
$2,522
28% below US avg ($3,500)
Cost of Living Index
91.9
Below national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$40,221
Per Capita Income$29,662
IRS Avg Adjusted Gross Income$53,656
Avg Weekly Wage$758
County GDP$344M

Hardship Indicators

Unemployment Rate6.8%
Poverty Rate14.6%
Gini Coefficient0.459
Cost of Living Index91.9

Commute

Mean Commute33 minutes
Drive Alone69.3%
Public Transit0.0%
Work From Home12.7%

Businesses

Total Establishments246
Restaurants11
Healthcare17
Retail38
Manufacturing13

Tax

IRS Avg AGI$53,656
Avg Property Tax$2,522