Living in Algoma, Wisconsin
Cost of living, income, home prices, rent and demographics of Algoma · Census data 2020–2024
Algoma has 3,228 residents with a median age of 43.9. The median household income is $64,487 (17% lower than the Wisconsin median), the median home value is $153,300, the median rent is $809/month.
Algoma at a glance
- Population
- 3,228
- Median age
- 43.9State: 40.2
- Median household income
- $64,487State: $77,485
- Median home value
- $153,300State: $266,500
- Median rent
- $809/moState: $1,087
- Homeowners
- 83.7%
- Bachelor's degree or higher
- 20.5%
- Average commute
- 22 min
Is Algoma a good place to live?
Pros: Home values 42% lower than the state median; an average commute of 22 minutes; unemployment of 0.8%.
Cons: Median household income 17% lower than the Wisconsin median; a poverty rate of 16.8%.
The weather is best in June to September.
Cost of living in Algoma
Housing is the biggest part of the cost of living. In Algoma the median home value is $153,300, 54% lower than the U.S. median. Renters pay a median of $809 per month, which is 33.7% of household income. Homeowners with a mortgage pay $1,200 a month in housing costs.
Algoma median household income
The median household income in Algoma is $64,487 and the income per person is $33,141. 16.8% of residents live below the poverty line (Wisconsin: 10.6%).
Housing in Algoma: homes for sale and rent
- Housing units
- 1,597
- Owner-occupied
- 83.7%
- Renter-occupied
- 16.3%
- Vacant
- 16.8%Includes seasonal homes
- Median year built
- 1957
- Average household size
- 2.40
Algoma demographics
- Population
- 3,228
- Median age
- 43.9
- Under 18
- 23.1%
- 65 and older
- 22.8%
- Households
- 1,329
- Foreign-born
- 0.9%
- Veterans
- 9.1%Adults 18+
Hispanic or Latino can be of any race. Population history of Algoma ›
Education in Algoma
20.5% of adults 25 and older in Algoma have a bachelor's degree or higher (Wisconsin: 33.4%), and 8.6% have a graduate or professional degree.
Jobs and commute in Algoma
- Unemployment rate
- 0.8%State: 3.2%
- Average commute
- 22 minState: 22 min
- Work from home
- 9%
- Drive alone
- 80%
- Public transit
- 0.2%
- Walk to work
- 1.6%
- Homes with broadband
- 89.9%
Algoma vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Algoma | 3,228 | $64,487 | $153,300 | $809 |
| Forestville | 558 | $83,804 | $163,800 | $740 |
| Casco | 561 | $106,875 | $187,500 | $746 |
| Kewaunee | 2,806 | $82,028 | $159,600 | $735 |
| Luxemburg | 2,737 | $77,500 | $261,700 | $896 |
| Sturgeon Bay | 9,806 | $59,926 | $236,300 | $1,097 |
| Dyckesville | 391 | $102,125 | $425,000 | $1,100 |
| Little Sturgeon | 111 | $70,625 | $483,300 | — |
| Denmark | 2,558 | $75,714 | $235,200 | $906 |
More for people moving to Algoma
Algoma ZIP code ›Weather and climate ›Living in Algoma: FAQ
What is the median household income in Algoma, WI?
The median household income in Algoma is $64,487, 17% lower than the Wisconsin median of $77,485 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Algoma?
The median home value in Algoma is $153,300, compared with $266,500 in Wisconsin.
How much is rent in Algoma?
The median gross rent in Algoma is $809 per month, about 33.7% of household income.
Is Algoma, WI a good place to live?
Pluses: home values 42% lower than the state median; an average commute of 22 minutes; unemployment of 0.8%. Minuses: median household income 17% lower than the Wisconsin median; a poverty rate of 16.8%.
What is the median age in Algoma?
The median age in Algoma is 43.9 years (Wisconsin: 40.2).
How long is the commute in Algoma?
The average commute to work in Algoma is 22 minutes; 9% of workers work from home.
What is the unemployment rate in Algoma?
The unemployment rate in Algoma is 0.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Algoma?
20.5% of adults in Algoma 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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