Algoma, MS

Full City Profile · Mississippi · Pontotoc County County

3.8 /5.0
B+ Good
1,065 Population 161/sq mi density
$60,000 Median Income $30,369 per capita
$201,500 Home Value $244,221 Zillow
$910 Median Rent 29.0% income on rent
62°F Avg Temperature
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.0 / 5.0
$60,000 median income, 3.0% unemployment
A+
Affordability
4.8 / 5.0
$201,500 home value, $910/mo rent
C+
Education
2.7 / 5.0
21.8% bachelor's degree or higher

Algoma, MS

At a Glance

Median Income
$60,000
20% below
$30,369 per capita
Home Value
$201,500
29% below
Zillow: $244,221
Median Rent
$910/mo
22% below
29.0% of income on rent
Bachelor's Degree+
21.8%
35% below
83.3% high school+
Unemployment
3.0%
17% below
6.7% poverty rate
Obesity Rate
39.9%
24% above
19.4% smoking rate
Avg Temperature
62°F

How Algoma Compares to the U.S. Average

Each bar shows Algoma's value as a percentage of the national average (100% = U.S. avg)

Income
80%
Home Value
71%
Rent
78%
Poverty
54%
Bachelor's
65%
Unemployment
83%
Thin vertical line = U.S. national average (100%)

Is Algoma a Good Place to Live?

B+
3.8 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Algoma residents earn a median household income of $60,000 , which is 20% below the national average of $75,149. Per capita income is $30,369. The unemployment rate stands at 3.0% (17% below the U.S. rate of 3.6%). 6.7% of residents live below the poverty line. The area is home to 563 business establishments, including 47 restaurants.

Housing & Cost of Living

The median home value in Algoma is $201,500 , 29% below the national median of $281,900. Zillow estimates the typical home at $244,221. Median rent is $910/month, with 29.0% of renters spending more than 30% of income on housing. The cost of living index is 87.0 (100 = national average). The median home was built in 1993.

Education

21.8% of adults in Algoma hold a bachelor's degree or higher (35% below the national average). 83.3% have completed high school. Local schools score 5.5/10 in standardized testing.

Climate & Weather

Algoma has an average annual temperature of 62°F (16°C). Winters average 41°F in January while summers reach 80°F in July. Annual precipitation totals 60.8 inches.

Data Overview

People

Population1,065
Median Age36.1 yrs
Density161/mi²
Male / Female50% / 50%
Foreign Born0.2%
Veterans3.3%

Economy

A
Median Income$60,000
Per Capita$30,369
Unemployment3.0%
Poverty6.7%
County GDP$1,286M
Avg Weekly Wage$802

Housing

A+
Home Value$201,500
Rent$910
Ownership84.2%
Zillow$244,221
Housing Units372
Rent Burden29.0%

Health

Obesity39.9%
Diabetes12.9%
Smoking19.4%
Heart Disease6.6%
Premature Death11,381/100K

Climate

Avg Temp62°F
Rain60.8 in/yr
Elevation395 ft

Education

C+
Bachelor's+21.8%
High School+83.3%
Graduate+8.5%
School Score5.5/10

Community

2024 VoteR 83% / D 16%
Commute24 min
Broadband82.3%
Internet Speed75 Mbps
EV Stations2
Libraries2

Did You Know?

The median home in Algoma was built in 1993.
The nearest airport is Tupelo Regional (17 miles).
The Gini coefficient (income inequality) is 0.424 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
17.1% of the population has a disability.
The county recorded 5 fatal vehicle crashes.