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Algoma, MS
Full City Profile · Mississippi · Pontotoc County County
3.2
/5.0
B
Good
1,065
Population
161/sq mi density
$60,000
Median Income
$30,369 per capita
$201,500
Home Value
$232,303 Zillow
$910
Median Rent
29.0% income on rent
62°F
Avg Temperature
302 sunny days/yr
98
Violent Crime/100K
3,903 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.1 / 5.0
$60,000 median income, 1.9% unemployment
A+
Affordability
4.8 / 5.0
$201,500 home value, $910/mo rent
F
Safety
1.0 / 5.0
98 violent crimes/100K
C+
Education
2.7 / 5.0
21.8% bachelor's degree or higher
Housing Overview
Median Home Value
$201,500
29% below
US avg: $281,900
Median Rent
$910/mo
22% below
US avg: $1,163/mo
Homeownership Rate
84.2%
29% above US avg (65.4%)
Total Housing Units
372
Median year built: 1993
Home Value by Source
Census Median
$201,500
Zillow (ZHVI)
$232,303
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
84.2%
Owner-Occupied
15.8%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$751/mo
1 Bedroom
$782/mo
2 Bedroom
$924/mo
3 Bedroom
$1,177/mo
4 Bedroom
$1,295/mo
Census median rent:
$910/mo
Affordability & Housing Stock
Rent Burden
29.0%
of renters spending 30%+ of income on housing
6% below US avg (31.0%)
Median Year Built
1993
Average age of housing stock: 33 years
Homeownership Rate
84.2%
Complete Housing Data
Home Values
| Census Median Value | $201,500 |
| Zillow Home Value (ZHVI) | $232,303 |
Rent
| Census Median Rent | $910 |
| FMR Studio | $751 |
| FMR 1-Bedroom | $782 |
| FMR 2-Bedroom | $924 |
| FMR 3-Bedroom | $1,177 |
| FMR 4-Bedroom | $1,295 |
Market
Ownership & Stock
| Owner-Occupied | 84.2% |
| Renter-Occupied | 15.8% |
| Homeownership Rate | 84.2% |
| Total Housing Units | 372 |
| Median Year Built | 1993 |
| Rent Burden | 29.0% |