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Algona, WA

Full City Profile · Washington · Pierce County County

2.7 /5.0
C+ Fair
3,239 Population 2,511/sq mi density
$84,583 Median Income $28,730 per capita
$413,000 Home Value $528,424 Zillow
$1,839 Median Rent 32.9% income on rent
54°F Avg Temperature 240 sunny days/yr
185 Violent Crime/100K 1,601 property/100K
C+
Overall
2.7 / 5.0
Fair overall score based on economy, affordability, safety and education
B+
Economy
3.6 / 5.0
$84,583 median income, 7.5% unemployment
B+
Affordability
3.9 / 5.0
$413,000 home value, $1,839/mo rent
F
Safety
1.0 / 5.0
185 violent crimes/100K
C
Education
2.2 / 5.0
15.5% bachelor's degree or higher

Housing Overview

Median Home Value
$413,000
47% above
US avg: $281,900
Median Rent
$1,839/mo
58% above
US avg: $1,163/mo
Homeownership Rate
82.5%
26% above US avg (65.4%)
Total Housing Units
930
Median year built: 1987

Home Value by Source

Census Median
$413,000
Zillow (ZHVI)
$528,424
Median Sale Price
$422,000
Median List Price
$515,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

82.5%
Owner-Occupied
17.5%
Renter-Occupied
83%
18%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,082/mo
1 Bedroom
$1,180/mo
2 Bedroom
$1,472/mo
3 Bedroom
$2,003/mo
4 Bedroom
$2,351/mo
Census median rent: $1,839/mo

Market Indicators (Redfin)

Median Days on Market
203 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
2
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$312
Active Inventory
1
homes for sale

Affordability & Housing Stock

Rent Burden
32.9%
of renters spending 30%+ of income on housing
6% above US avg (31.0%)
Median Year Built
1987
Average age of housing stock: 39 years
Homeownership Rate
82.5%

Complete Housing Data

Home Values

Census Median Value$413,000
Zillow Home Value (ZHVI)$528,424
Median Sale Price$422,000
Median List Price$515,000
Price Per Sq Ft$312

Rent

Census Median Rent$1,839
FMR Studio$1,082
FMR 1-Bedroom$1,180
FMR 2-Bedroom$1,472
FMR 3-Bedroom$2,003
FMR 4-Bedroom$2,351

Market

Days on Market203
Sale-to-List Ratio1.0%
Price Drops0.0%
Homes Sold2
Active Inventory1
Price Per Sq Ft$312

Ownership & Stock

Owner-Occupied82.5%
Renter-Occupied17.5%
Homeownership Rate82.5%
Total Housing Units930
Median Year Built1987
Rent Burden32.9%