Living in Altona, Indiana
Cost of living, income, home prices, rent and demographics of Altona · Census data 2020–2024
Altona has 415 residents with a median age of 37.3. The median household income is $64,237 (11% lower than the Indiana median), the median home value is $114,600, the median rent is $1,080/month.
Altona is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Altona at a glance
- Population
- 415
- Median age
- 37.3State: 38.1
- Median household income
- $64,237State: $71,957
- Median home value
- $114,600State: $218,200
- Median rent
- $1,080/moState: $1,062
- Homeowners
- 89.4%
- Bachelor's degree or higher
- 5.4%
- Average commute
- 18 min
Is Altona a good place to live?
Pros: Home values 47% lower than the state median; an average commute of 18 minutes; a poverty rate of 2.7%.
Cons: Median household income 11% lower than the Indiana median.
The weather is best in June to September.
Cost of living in Altona
Housing is the biggest part of the cost of living. In Altona the median home value is $114,600, 66% lower than the U.S. median. Renters pay a median of $1,080 per month, which is 18.1% of household income. Homeowners with a mortgage pay $963 a month in housing costs.
Altona median household income
The median household income in Altona is $64,237 and the income per person is $28,161. 2.7% of residents live below the poverty line (Indiana: 12.3%).
Housing in Altona: homes for sale and rent
- Housing units
- 145
- Owner-occupied
- 89.4%
- Renter-occupied
- 10.6%
- Vacant
- 2.1%Includes seasonal homes
- Median year built
- 1938
- Average household size
- 2.92
Altona demographics
- Population
- 415
- Median age
- 37.3
- Under 18
- 27%
- 65 and older
- 7%
- Households
- 142
- Foreign-born
- 0%
- Veterans
- 4.6%Adults 18+
Hispanic or Latino can be of any race. Population history of Altona ›
Education in Altona
5.4% of adults 25 and older in Altona have a bachelor's degree or higher (Indiana: 29.5%), and 4.3% have a graduate or professional degree.
Jobs and commute in Altona
- Unemployment rate
- 0%State: 4.3%
- Average commute
- 18 minState: 24 min
- Work from home
- 4%
- Drive alone
- 85.4%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 95.1%
Altona vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Altona | 415 | $64,237 | $114,600 | $1,080 |
| Garrett | 6,642 | $64,179 | $154,200 | $858 |
| Avilla | 2,878 | $78,880 | $210,200 | $759 |
| Laotto | 220 | $121,657 | — | — |
| Auburn | 13,565 | $68,750 | $190,800 | $865 |
| Corunna | 128 | $57,500 | $85,000 | — |
| Waterloo | 2,073 | $67,083 | $104,600 | $829 |
| Kendallville | 10,556 | $58,939 | $133,200 | $821 |
| Huntertown | 11,379 | $109,432 | $298,200 | $1,550 |
More for people moving to Altona
Altona ZIP code ›Weather and climate ›Living in Altona: FAQ
What is the median household income in Altona, IN?
The median household income in Altona is $64,237, 11% lower than the Indiana median of $71,957 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Altona?
The median home value in Altona is $114,600, compared with $218,200 in Indiana.
How much is rent in Altona?
The median gross rent in Altona is $1,080 per month, about 18.1% of household income.
Is Altona, IN a good place to live?
Pluses: home values 47% lower than the state median; an average commute of 18 minutes; a poverty rate of 2.7%. Minuses: median household income 11% lower than the Indiana median.
What is the median age in Altona?
The median age in Altona is 37.3 years (Indiana: 38.1).
How long is the commute in Altona?
The average commute to work in Altona is 18 minutes; 4% of workers work from home.
What is the unemployment rate in Altona?
The unemployment rate in Altona is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Altona?
5.4% of adults in Altona have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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