Algoma, Mississippi has a population of 500, with a median household income of $45,200.
Current median income data for Algoma.
500
$45,200
4.80%
$125,000
1.40
100.00 Mbps
Algoma is a small local community located in Mississippi. The city has a population that is below the average city population in Mississippi, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.
Situated in Mississippi, Algoma provides insight into regional population trends, income levels, and housing conditions.
Algoma has a population of 500, which is below the state average. This suggests a smaller and more localized community environment.
The median household income in Algoma is $45,200, which is above the state average. This reflects stronger earning potential and economic stability.
Housing prices in Algoma average around $125,000, which is relatively high compared to other cities in Mississippi.
The unemployment rate in Algoma is 4.80%, which is lower than the state average, indicating a relatively strong job market. Algoma has a lower crime rate than the state average, contributing to a relatively safer living environment.
Compared to other cities in Mississippi, Algoma shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.
Overall, Algoma offers a balanced mix of economic conditions, population trends, and housing opportunities within Mississippi.
The population of Algoma is approximately 500.
Algoma offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.
The median household income in Algoma is around $45,200.
The average housing price in Algoma is approximately $125,000.