Argo, AL
Population 4,456 · Alabama
About Argo, AL
Argo is a small town located in Alabama with a population of 4,456 residents according to the latest US Census Bureau American Community Survey data. The median household income is $107,818 per year, which is 43% above the national median of $75,149. The median age of 32.3 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Argo features a median home value of $249,700, which is 2% above the national median of $244,900. This positions Argo in a moderately priced market relative to the rest of the country. Median monthly rent is $2,103, 81% above the national average of $1,163/month. Of the 1,566 total housing units, 92% are owner-occupied (1,343 units) and 8% are renter-occupied (123 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Argo shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 1.1%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Argo have an average one-way commute time of 33.9 minutes.
Education & Demographics
30.6% of Argo residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 0.0% White, 1.2% Hispanic or Latino, 3.4% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
How Argo Ranks in Alabama
Cost of Living in Argo, AL
Compared to national averages, Argo has a median household income of $107,818 (43% above the national median of $75,149). Home values average $249,700, which is 2% above the national median. Monthly rent at $2,103 is 81% above the US average of $1,163. Within Alabama, Argo's income is 86% above the state average of $57,952, and home values are 57% above the state median of $159,358.
Why Live in Argo, AL?
Argo offers a strong local economy with a median household income of $107,818, well above the national average, and a strong job market with an unemployment rate of just 0.0%, and a low poverty rate of 1.1%, better than the national average.
Argo has a population of 4,456 with a median age of 32.3 years. Compare Argo with other cities to see how it stacks up, or explore all cities in Alabama.
Similar Cities Near Argo
Cities in Alabama with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Hokes Bluff | 4,493 | $81,544 | $194,900 | Compare |
| Kimberly | 4,327 | $96,190 | $286,900 | Compare |
| Adamsville | 4,291 | $60,564 | $144,700 | Compare |
| Haleyville | 4,283 | $40,538 | $96,300 | Compare |
| Columbiana | 4,640 | $68,125 | $237,800 | Compare |
| Jackson | 4,654 | $46,250 | $121,000 | Compare |
| Lake View | 4,238 | $96,409 | $285,700 | Compare |
| Pine Level | 4,228 | $99,444 | $225,500 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Alabama
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Argo With Other Cities
Frequently Asked Questions about Argo
What is the population of Argo, AL?
The population of Argo, AL is 4,456 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Alabama.
What is the median household income in Argo?
The median household income in Argo, AL is $107,818 per year, which is 43% above the national median of $75,149.
What is the median home value in Argo?
The median home value in Argo, AL is $249,700, which is 2% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Argo?
The median monthly rent in Argo, AL is $2,103, which is 81% above the national average of $1,163/month.
What is the unemployment rate in Argo?
The unemployment rate in Argo, AL is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Argo, AL a good place to live?
Argo offers above-average incomes, a competitive housing market, and a strong job market. With a population of 4,456 and a median age of 32.3, the city appeals to young professionals and families.
How educated is Argo, AL?
30.6% of residents in Argo aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Argo?
Key cost-of-living indicators for Argo, AL: median home value is $249,700 (2% above national), median rent is $2,103/month, and median household income is $107,818. The home-value-to-income ratio is 2.3x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Argo?
The poverty rate in Argo, AL is 1.1%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Argo, AL?
Argo's population is 0.0% White, 1.2% Hispanic or Latino, 3.4% Black or African American, 0.0% Asian, and 8.8% two or more races. 0.0% of residents are foreign-born.