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Algoma, Mississippi Mortgage and Housing Information
Population: 508
Data Source:US Census Bureau. All figures are from year 2000 unless otherwise noted.
Lifestyle in Algoma
Income
| U.S. | Mississippi | Algoma | |
|---|---|---|---|
| Median Earnings | $23,755 | $19,715 | $20,278 |
| Median Earnings, Males | $29,458 | $24,709 | $23,542 |
| Median Earnings, Females | $18,957 | $15,297 | $16,471 |
Males earn $7,071 (42.9%) more than Females in Algoma.
Commuting in Algoma
Means of transportation to work, workers over 16 years old.
| Means of Transport | Number of People |
|---|---|
| Car, solo | 223 |
| Carpooled | 43 |
| Public Transit | 0 |
| Bicycle | 0 |
| Walking | 0 |
| Other Means | 1 |
| Total, Commuted | 267 |
| Worked from home | 3 |
| Total | 270 |
Time Spent Commuting in Algoma
Time spent commuting in Algoma
| Time spent in minutes | Number of People |
|---|---|
| Less than 5 | 3 |
| 5-9 | 9 |
| 10-14 | 46 |
| 15-19 | 54 |
| 20-24 | 40 |
| 25-29 | 20 |
| 30-34 | 39 |
| 35-39 | 2 |
| 40-44 | 10 |
| 45-59 | 24 |
| 60-89 | 4 |
| Over 90 | 16 |
Education
| Level | Number of Males | Percent of Males | Number of Females | Percent of Females |
|---|---|---|---|---|
| Some College | 39 | 25.8% | 36 | 23.8% |
| Associate Degree | 3 | 2.0% | 7 | 4.6% |
| Bachelor's Degree | 6 | 4.0% | 19 | 12.6% |
| Master's Degree | 5 | 3.3% | 3 | 2.0% |
| Professional Degree | 0 | 0.0% | 2 | 1.3% |
| Doctorate Degree | 0 | 0.0% | 0 | 0.0% |
| Total (at least some college) | 53 | 35.1% | 67 | 36.4% |
| Total over 25 | 151 | 100% | 184 | 100% |
Housing in Algoma
Cost of Single-Family Houses
| Median price asked in year 2000 | $63,800 |
|---|
Value of Houses and Condos
| U.S. | Mississippi | Algoma | |
|---|---|---|---|
| Median home value in year 2000 | $111,800 | $64,700 | $56,900 |
Monthly Owner Costs
| U.S. | Mississippi | Algoma | |
|---|---|---|---|
| With a mortgage | $1,088 | $752 | $610 |
| Without a mortgage | $295 | $232 | $185 |
Tenancy in Algoma
| Owner-occupied homes | 163 |
|---|---|
| Renter-occupied homes | 40 |
| Homes for sale | 5 |
| Homes for rent | 3 |
| Total | 222 |
Ownership of Single-family Houses
Types of mortgages for owner-occupied Single-family Houses in Algoma (2000)
| Mortgage Type | Number of Single-family Houses | Percent of total |
|---|---|---|
| Without a mortgage | 38 | 53.5% |
| First Mortgage Only | 28 | 39.4% |
| Second Mortgage and/or Home Equity Loan | 5 | 7.0% |
| Total | 71 | 100% |
Age of Algoma Residents
| Males | Females |
|---|---|
| 34 | 37 |
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