Algoma, Mississippi Population

Algoma, Mississippi has a population of 500, with a median household income of $45,200.

Current population data for Algoma.

500

👥

Population

500

💰

Median Income

$45,200

📉

Unemployment

4.80%

🏠

Housing Price

$125,000

🚨

Crime Rate

1.40

🌐

Internet Speed

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.

Algoma is a notable city in Mississippi, offering a mix of population dynamics, economic indicators, and housing trends.

Population Overview

Algoma has a population of 500, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Algoma is $45,200, which is above the state average. This reflects stronger earning potential and economic stability.

Housing Market

Housing prices in Algoma average around $125,000, which is relatively high compared to other cities in Mississippi.

Employment and Safety

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.

City Comparison

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.

Algoma continues to play a role in shaping regional trends in Mississippi, particularly in terms of economic and demographic factors.

Frequently Asked Questions about Algoma

What is the population of Algoma?

The population of Algoma is approximately 500.

Is Algoma a good place to live?

Algoma offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Algoma?

The median household income in Algoma is around $45,200.

How expensive is housing in Algoma?

The average housing price in Algoma is approximately $125,000.