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ZipNumbers

Michigan · Census place 01180

Algonac city, MI

Quick answer

Algonac city has 4,152 residents, ranking #201 of 745 places in Michigan. Median household income is $49,738, the median home is worth $177,200 and median gross rent runs $923 a month.

Population
4,152Algonac city residents
Median household income
$49,738Past 12 months, inflation adjusted
Median home value
$177,200Owner-occupied units
Median gross rent
$923Rent plus utilities, monthly
Median age
47.9 yrsAll residents
Homeownership rate
69.9%Owner-occupied households

What the numbers mean in Algonac city

Housing cost measured against local earnings.

A household earning the Algonac city median would spend about 22.3% 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 3.6× the median household income; nationally that ratio sits near 4.5×. Poverty affects 17.7% of residents and 69.9% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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