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
Compare with nearby places
Places of similar size in Michigan.
- Caro city 4,284
- Sparta village 4,260
- Buchanan city 4,259
- Linden city 4,150
- Roosevelt Park city 4,148
- Lowell city 4,133
- North Muskegon city 4,089
Keep going
More Michigan coverage.