Living in Algood, Tennessee
Cost of living, income, home prices, rent and demographics of Algood · Census data 2020–2024
Algood has 4,036 residents with a median age of 36. The median household income is $42,359 (39% lower than the Tennessee median), the median home value is $190,300, the median rent is $817/month.
Algood at a glance
- Population
- 4,036
- Median age
- 36State: 38.9
- Median household income
- $42,359State: $69,595
- Median home value
- $190,300State: $286,700
- Median rent
- $817/moState: $1,189
- Homeowners
- 55%
- Bachelor's degree or higher
- 23.6%
- Average commute
- 22 min
Is Algood a good place to live?
Pros: Home values 34% lower than the state median; an average commute of 22 minutes; unemployment of 0.7%.
Cons: Median household income 39% lower than the Tennessee median; a poverty rate of 32.9%.
The weather is best in April–May and September–October.
Cost of living in Algood
Housing is the biggest part of the cost of living. In Algood the median home value is $190,300, 43% lower than the U.S. median. Renters pay a median of $817 per month, which is 34.7% of household income. Homeowners with a mortgage pay $1,075 a month in housing costs.
Algood median household income
The median household income in Algood is $42,359 and the income per person is $24,069. 32.9% of residents live below the poverty line (Tennessee: 13.8%).
Housing in Algood: homes for sale and rent
- Housing units
- 1,692
- Owner-occupied
- 55%
- Renter-occupied
- 45%
- Vacant
- 5.4%Includes seasonal homes
- Median year built
- 1992
- Average household size
- 2.46
Algood demographics
- Population
- 4,036
- Median age
- 36
- Under 18
- 31.1%
- 65 and older
- 19.4%
- Households
- 1,601
- Foreign-born
- 3.5%
- Veterans
- 5.5%Adults 18+
Hispanic or Latino can be of any race. Population history of Algood ›
Education in Algood
23.6% of adults 25 and older in Algood have a bachelor's degree or higher (Tennessee: 31.1%), and 7.9% have a graduate or professional degree.
Jobs and commute in Algood
- Unemployment rate
- 0.7%State: 4.7%
- Average commute
- 22 minState: 26 min
- Work from home
- 4.1%
- Drive alone
- 75.5%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 90.4%
Algood vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Algood | 4,036 | $42,359 | $190,300 | $817 |
| Cookeville | 36,088 | $51,375 | $305,400 | $917 |
| Dodson Branch | 1,425 | $74,375 | $171,700 | — |
| Monterey | 2,768 | $45,922 | $165,000 | $715 |
| Baxter | 1,361 | $58,750 | $219,000 | $914 |
| Hilham | 267 | $75,938 | $328,900 | — |
| Livingston | 3,999 | $39,567 | $123,000 | $730 |
| Gainesboro | 1,064 | $51,923 | $170,600 | $819 |
| Sparta | 4,939 | $50,080 | $217,000 | $731 |
More for people moving to Algood
Algood ZIP code ›Weather and climate ›Living in Algood: FAQ
What is the median household income in Algood, TN?
The median household income in Algood is $42,359, 39% lower than the Tennessee median of $69,595 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Algood?
The median home value in Algood is $190,300, compared with $286,700 in Tennessee.
How much is rent in Algood?
The median gross rent in Algood is $817 per month, about 34.7% of household income.
Is Algood, TN a good place to live?
Pluses: home values 34% lower than the state median; an average commute of 22 minutes; unemployment of 0.7%. Minuses: median household income 39% lower than the Tennessee median; a poverty rate of 32.9%.
What is the median age in Algood?
The median age in Algood is 36 years (Tennessee: 38.9).
How long is the commute in Algood?
The average commute to work in Algood is 22 minutes; 4.1% of workers work from home.
What is the unemployment rate in Algood?
The unemployment rate in Algood is 0.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Algood?
23.6% of adults in Algood have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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