
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.
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.
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.
Public transportation is not readily available in this area and the average commute time to work could also be longer than the national average.
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.
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 moderately-sized city with a population of 19,157 residents. If we take a look at the last Census, the vast majority of the population falls within one racial group (72% White). Given that fact, Altus could be considered less diverse than other cities. 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.
Whether you’re relocating to a new city to be closer to family, friends or for a new job, living in Altus could be a positive experience compared to other cities in Oklahoma if you know where to search. Don't forget to determine what matters most to you in a neighborhood. Consider factors such as safety, proximity to work or school, access to amenities (like parks, fitness facilities, grocery stores, restaurants), public transportation options, community atmosphere and the overall vibe you're looking for. With useful information like crime, cost of living, commute, health & safety, employment and other key data points, finding the best places to live in Altus and in the areas around Altus is a much easier task.
The livability score in Altus is 65/100 and the city is ranked in the 57th percentile of all cities across America. Based on the grades for each individual category, Altus has been rewarded with high marks for crime (B-), cost of living (A+) and housing (A+). There is at least one category that does not have great scores in Altus. The following was graded with a discouraging score: amenities (F) and education (D-).
The Altus unemployment rate of 2.3% has continued to decrease over the years and is now well below the national average. The result could lead to reduced poverty and inequality in the area, higher wages and increased economic growth. This is a positive sign in the overall health of the local economy.
A healthy real estate market serves as a key economic indicator. It could signify overall local economic strength, stability and reflects consumer confidence in the area. Based on multiple factors including: median home and rental prices, appreciation rates and home affordability, Altus has received high marks in the housing category. Based on these calculations, the apartment rental and real estate market appears to be very healthy.
Assuming that Altus meets all of your requirements like low crime rates, good schools and great local amenities, the next most important item to examine is the affordability of real estate in Altus. Everything else becomes a lot less important if it turns out that home prices in Altus are simply unattainable. The median home price for Altus homes is $162,350, which is 24.6% 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 2.3, which is 23.3% lower than the Oklahoma average.

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| 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% |