Cost Of Living
The overall cost of living in this area is much lower than average. This includes everyday goods and services, as well as housing, utilities and health care.
Housing
This area has received high scores in the housing category. This could be due to a positive home affordability ratio, high appreciation rates or elevated home values.
Amenities
A majority of amenities are not ideally situated within a reasonable walking distance, which may lead residents to rely on a vehicle or public transportation.
Commute
Public transportation is not readily available in this area and the average commute time to work could also be longer than the national average.
Health & Safety
Poor air quality and the inaccessibility of certain health related facilities like hospitals, clinics, doctors and pharmacies could have all contributed to the low score in this category.
Schools
Lower than average education levels, poor reading and math scores, as well as the inaccessibility of local elementary and high schools could all be factors in the low schools score.
Located in the state of Oklahoma, Altus is a medium-sized city with a population of 18,533 people. The majority of Altus residents report their race to be White; this is followed by Black and Asian. Additionally, more than a quarter of the population of Altus are of Hispanic or Latino origin, and 14% of the population also speak Spanish. With an average age of 33 years old, Altus could be a great place to live for young adults as this age is well below the national average. If you are not a fan of long commutes, you will enjoy living in Altus. With an average one way commute time of only 12 minutes, getting to and from work is a breeze compared to the national average of 26 minutes.
Without the right tools, moving to any new city can be very stressful and challenging. Living in Altus, Oklahoma could be a great experience for anyone who puts in the time to do the research required. When searching for a new neighborhood, several key items should be considered. Safety is paramount, ensuring a secure environment for you and your family. Proximity to workplaces or schools reduces commuting time and enhances convenience. Access to amenities like parks, grocery stores and healthcare facilities contributes to a comfortable lifestyle. Reliable public transportation options promote easy mobility. A strong sense of community fosters social connections and a welcoming atmosphere. Finding the best places to live in Altus and nearby areas is a much easier task when you can rely on information and data from the livability score, which includes amenities, crime, cost of living, employment, housing and other important metrics.
With a livability score of 63 out of 100, Altus is ranked #13,218 in the United States and #155 in Oklahoma. If we examine each of the categories on their own, we see that Altus ranks well for crime (B-), cost of living (A+) and housing (B+). Altus does not score well for the following: amenities (F), education (D-) and employment (D). It might be a good idea to take a closer look at each category to find out why.
Unemployment rates can vary significantly among cities, impacting job prospects, wage levels and the overall economic health of an area. In Altus, the unemployment rate stands at 2.23%, suggesting increased job opportunities and a heightened demand for workers. This scenario can lead to higher wages, as the demand for employees outpaces job availability. Importantly, a low unemployment rate often signifies a robust and flourishing local economy.
For home buyers, real estate will be the largest purchase they will ever make and it will also be their most valuable asset. For renters, the monthly rent paid on their Altus apartments will most likely be their largest expense. Based on tangible metrics like home and rental affordability and appreciation rates, housing in this area has received a score that is well above the average of every other US city. A thriving real estate market can also generate strong local economic activity and job creation.
Altus real estate prices and overall affordability will play a huge role in determining if the area is the right fit for you. Of course there are probably some other items on your “wish list”, but even before they are considered, let’s take a look at the home prices and affordability in Altus. The median home price for Altus homes is $89,200, which is 26.5% lower than the Oklahoma average. If we take a closer look at the affordability of homes in Altus, we’ll see that the home price to income ratio is 1.9, which is 24% lower than the Oklahoma average.
| Statistic | Altus | Oklahoma | National |
| Average one way commute | 12min | 21min | 26min |
| Workers who drive to work | 83.6% | 82.6% | 76.4% |
| Workers who carpool | 10.8% | 10.1% | 9.3% |
| Workers who take public transit | 0.0% | 0.5% | 5.1% |
| Workers who bicycle | 0.3% | 0.2% | 0.6% |
| Workers who walk | 2.0% | 1.8% | 2.8% |
| Working from home | 1.9% | 3.6% | 4.6% |
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