Mississippi · Census place 00820
Algoma town, MS
Quick answer
Algoma town has 1,065 residents, ranking #191 of 427 places in Mississippi. Median household income is $60,000, the median home is worth $201,500 and median gross rent runs $910 a month.
- Population
- 1,065Algoma town residents
- Median household income
- $60,000Past 12 months, inflation adjusted
- Median home value
- $201,500Owner-occupied units
- Median gross rent
- $910Rent plus utilities, monthly
- Median age
- 36.1 yrsAll residents
- Homeownership rate
- 84.2%Owner-occupied households
What the numbers mean in Algoma town
Housing cost measured against local earnings.
A household earning the Algoma town median would spend about 18.2% 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 3.4× the median household income; nationally that ratio sits near 4.5×. Poverty affects 13.4% of residents and 84.2% 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 Mississippi.
- Port Gibson city 1,114
- Conehatta CDP 1,110
- Raleigh town 1,104
- Stonewall town 1,058
- Sunflower town 1,049
- Prentiss town 1,048
- Alcorn State University CDP 1,007
Keep going
More Mississippi coverage.