Algoma, MS
Population 1,065 · Mississippi
About Algoma, MS
Algoma is a small community in Mississippi with a population of 1,065 residents. The median household income is $60,000 per year, which is near the national average. The median age in Algoma is 36.1 years.
Housing in Algoma has a median home value of $201,500 and median monthly rent of $910. Of the 473 total housing units, the majority are owner-occupied, with 342 owner-occupied and 64 renter-occupied units.
The unemployment rate in Algoma is 3.0% and the poverty rate is 13.4%. 21.8% of residents hold a bachelor's degree or higher. The average commute time is 24.1 minutes.
Cost of Living in Algoma, MS
Compared to national averages, Algoma has a median household income of $60,000 (20% below the national median of $75,149). Home values average $201,500, which is 18% below the national median. Monthly rent at $910 is 22% below the US average of $1,163. Within Mississippi, Algoma's income is 20% above the state average of $49,929, and home values are 60% above the state median of $125,705.
Why Live in Algoma, MS?
Algoma offers affordable housing with a median home value of $201,500, below the US average of $244,900, and rent that’s lower than the national average at $910/month, and a strong job market with an unemployment rate of just 3.0%. Additionally, the city features short commute times averaging just 24.1 minutes.
Potential considerations include median household income ($60,000) that falls below the national average. However, Algoma’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Algoma has a population of 1,065 with a median age of 36.1 years. Compare Algoma with other cities to see how it stacks up, or explore all cities in Mississippi.
Similar Cities Near Algoma
Cities in Mississippi with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Stonewall | 1,058 | $27,981 | $60,000 | Compare |
| Sunflower | 1,049 | $24,479 | $77,800 | Compare |
| Prentiss | 1,048 | $30,395 | $84,800 | Compare |
| Raleigh | 1,104 | $35,833 | $110,700 | Compare |
| Conehatta | 1,110 | $45,565 | $119,000 | Compare |
| Port Gibson | 1,114 | $29,500 | $127,100 | Compare |
| Alcorn State University | 1,007 | $0 | $0 | Compare |
| Vardaman | 1,004 | $36,000 | $55,000 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Mississippi
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Algoma
What is the population of Algoma, MS?
The population of Algoma, MS is 1,065 according to the latest Census data.
What is the median household income in Algoma?
The median household income in Algoma, MS is $60,000 per year.
What is the median home value in Algoma?
The median home value in Algoma, MS is $201,500.
What is the average rent in Algoma?
The median monthly rent in Algoma, MS is $910.
What is the unemployment rate in Algoma?
The unemployment rate in Algoma, MS is 3.0%.