Iowa · Census place 01135
Algona city, IA
Quick answer
Algona city has 5,414 residents, ranking #75 of 1026 places in Iowa. Median household income is $52,542, the median home is worth $156,200 and median gross rent runs $887 a month.
- Population
- 5,414Algona city residents
- Median household income
- $52,542Past 12 months, inflation adjusted
- Median home value
- $156,200Owner-occupied units
- Median gross rent
- $887Rent plus utilities, monthly
- Median age
- 43.1 yrsAll residents
- Homeownership rate
- 65.1%Owner-occupied households
What the numbers mean in Algona city
Housing cost measured against local earnings.
A household earning the Algona city median would spend about 20.3% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 3.0× the median household income; nationally that ratio sits near 4.5×. Poverty affects 7.6% of residents and 65.1% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Iowa.
- DeWitt city 5,535
- Osceola city 5,495
- Spirit Lake city 5,469
- Sheldon city 5,386
- Winterset city 5,384
- Centerville city 5,377
- Clarinda city 5,366
Keep going
More Iowa coverage.