Algonac, MI
Population 4,152 · Michigan
About Algonac, MI
Algonac is a small community in Michigan with a population of 4,152 residents. The median household income is $49,738 per year, which is below the national average. The median age in Algonac is 47.9 years.
Housing in Algonac has a median home value of $177,200 and median monthly rent of $923. Of the 1,953 total housing units, the majority are owner-occupied, with 1,294 owner-occupied and 558 renter-occupied units.
The unemployment rate in Algonac is 6.6% and the poverty rate is 17.7%. 16.0% of residents hold a bachelor's degree or higher. The average commute time is 30.1 minutes.
Cost of Living in Algonac, MI
Compared to national averages, Algonac has a median household income of $49,738 (34% below the national median of $75,149). Home values average $177,200, which is 28% below the national median. Monthly rent at $923 is 21% below the US average of $1,163. Within Michigan, Algonac's income is 25% below the state average of $66,017, and home values are 3% below the state median of $183,391.
Why Live in Algonac, MI?
Algonac offers affordable housing with a median home value of $177,200, below the US average of $244,900, and rent that’s lower than the national average at $923/month.
Potential considerations include median household income ($49,738) that falls below the national average. However, Algonac’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Algonac has a population of 4,152 with a median age of 47.9 years. Compare Algonac with other cities to see how it stacks up, or explore all cities in Michigan.
Similar Cities Near Algonac
Cities in Michigan with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Linden | 4,150 | $77,434 | $232,300 | Compare |
| Roosevelt Park | 4,148 | $60,938 | $178,600 | Compare |
| Lowell | 4,133 | $71,406 | $231,100 | Compare |
| North Muskegon | 4,089 | $101,087 | $241,100 | Compare |
| Otsego | 4,079 | $76,944 | $155,500 | Compare |
| Lathrup Village | 4,049 | $99,286 | $270,900 | Compare |
| Marine City | 4,047 | $63,156 | $146,500 | Compare |
| Buchanan | 4,259 | $54,068 | $138,400 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Michigan
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Algonac
What is the population of Algonac, MI?
The population of Algonac, MI is 4,152 according to the latest Census data.
What is the median household income in Algonac?
The median household income in Algonac, MI is $49,738 per year.
What is the median home value in Algonac?
The median home value in Algonac, MI is $177,200.
What is the average rent in Algonac?
The median monthly rent in Algonac, MI is $923.
What is the unemployment rate in Algonac?
The unemployment rate in Algonac, MI is 6.6%.