Living in Altura, Minnesota

Cost of living, income, home prices, rent and demographics of Altura · Census data 2020–2024

Altura has 388 residents with a median age of 42.1. The median household income is $61,563 (31% lower than the Minnesota median), the median home value is $206,000, the median rent is $638/month.

Altura is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

Altura at a glance

Population
388
Median age
42.1State: 38.8
Median household income
$61,563State: $89,062
Median home value
$206,000State: $329,300
Median rent
$638/moState: $1,280
Homeowners
90.4%
Bachelor's degree or higher
17.7%
Average commute
21 min

Is Altura a good place to live?

Pros: Home values 37% lower than the state median; an average commute of 21 minutes; unemployment of 0.5%; a poverty rate of 8.8%.

Cons: Median household income 31% lower than the Minnesota median.

The weather is best in June to September.

Cost of living in Altura

Housing is the biggest part of the cost of living. In Altura the median home value is $206,000, 38% lower than the U.S. median. Renters pay a median of $638 per month, which is 30% of household income. Homeowners with a mortgage pay $1,475 a month in housing costs.

Median home value

Altura$206,000
Minnesota$329,300
United States$332,700

Median monthly rent

Altura$638
Minnesota$1,280
United States$1,413

Altura median household income

The median household income in Altura is $61,563 and the income per person is $33,416. 8.8% of residents live below the poverty line (Minnesota: 9.3%).

Median household income

Altura$61,563
Minnesota$89,062
United States$80,734

Housing in Altura: homes for sale and rent

Housing units
172
Owner-occupied
90.4%
Renter-occupied
9.6%
Vacant
2.9%Includes seasonal homes
Median year built
1973
Average household size
2.32

Altura demographics

Population
388
Median age
42.1
Under 18
20.4%
65 and older
20.9%
Households
167
Foreign-born
1%
Veterans
6.8%Adults 18+

Race and ethnicity

White95.6%
Hispanic or Latino3.9%
Black0%
Asian0%

Hispanic or Latino can be of any race. Population history of Altura ›

Education in Altura

17.7% of adults 25 and older in Altura have a bachelor's degree or higher (Minnesota: 39.4%), and 3.9% have a graduate or professional degree.

Bachelor's degree or higher

Altura17.7%
Minnesota39.4%
United States35.7%

Jobs and commute in Altura

Unemployment rate
0.5%State: 4.1%
Average commute
21 minState: 23 min
Work from home
12.4%
Drive alone
75.7%
Public transit
1%
Walk to work
2.5%
Homes with broadband
95.8%

Altura vs nearby towns

TownPopulationMedian incomeHome valueRent
Altura388$61,563$206,000$638
Elba102$76,250$159,400$825
Utica216$73,125$188,400$1,333
Rollingstone620$93,000$239,400$747
Lewiston1,613$91,875$213,600$929
St. Charles4,037$96,200$256,600$1,001
Stockton811$86,042$258,100$919
Minneiska111$87,083$207,100—
Minnesota City135$72,083$169,000$783

More for people moving to Altura

Altura ZIP code ›Weather and climate ›

Living in Altura: FAQ

What is the median household income in Altura, MN?

The median household income in Altura is $61,563, 31% lower than the Minnesota median of $89,062 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Altura?

The median home value in Altura is $206,000, compared with $329,300 in Minnesota.

How much is rent in Altura?

The median gross rent in Altura is $638 per month, about 30% of household income.

Is Altura, MN a good place to live?

Pluses: home values 37% lower than the state median; an average commute of 21 minutes; unemployment of 0.5%; a poverty rate of 8.8%. Minuses: median household income 31% lower than the Minnesota median.

What is the median age in Altura?

The median age in Altura is 42.1 years (Minnesota: 38.8).

How long is the commute in Altura?

The average commute to work in Altura is 21 minutes; 12.4% of workers work from home.

What is the unemployment rate in Altura?

The unemployment rate in Altura is 0.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Altura?

17.7% of adults in Altura 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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