According to statistics, the population in Algoma, WI amounts to 3,081, which shows decline -1% compared to the previous year. The median age of the city’s residents is 47. The average household income is $40,958, shifting growth 6% from the past year, and the average property value in Algoma, WI decline 0% to $101,300 throughout the year.
|Number Of Employees||1,350|
|Median Property Value||$101,300|
The average household income in Algoma, WI grew from $38,750 to $40,958 in the past year. This data is an estimate based upon 1,347 households in Algoma, WI . The chart below presents how household income is distributed in Algoma, WI in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Algoma, WI shifted from $101,100 to $101,300 throughout the year. The subsequent graph indicates the share of properties in the given price range in Algoma, WI in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Algoma, WI properties falls in the '$100,000 to $124,999' range, which is lower than the most significant median property across the country.
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Algoma, WI compared to median property taxes around the country. The prevalent amount of property taxes in Algoma, WI equals $2500, which is less than the national average.
During Oct 2022, the average price for an apartment in/near Algoma, WI decreased by 28.1% to $158,560.
Asking price for 2-bed apartment also increased by 7.1% and a place of this size will now cost you $272,450. A 3-bed apartment goes for $134,900, it decreased by 47.1% lately. We discerned the rise of 4- and more bed apartment price. It increased by 93.2% and made it up to $350,000.
Price reports demonstrate that house price decreased by 36.4% this month making it up to $146,329. Condo prices remain stable. Condo for sale is now available for the same pricing as previously — $394,900.