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Algona, Iowa Mortgage and Housing Information

Population: 5,741
Data Source:US Census Bureau. All figures are from year 2000 unless otherwise noted.

Cost of Single-Family Houses

Median price asked
in year 2000
$54,200

Value of Houses and Condos

A comparison of the average prices of homes in Algona, Iowa and the U.S.
U.S.IowaAlgona
Median home value
in year 2000
$111,800$82,100$69,200

Monthly Owner Costs

Median owner costs for owner-occupied houses and condos in year 2000
U.S.IowaAlgona
With a mortgage$1,088$829$603
Without a mortgage$295$268$209

Ownership of Single-family Houses

Types of mortgages for owner-occupied Single-family Houses in Algona (2000)
Mortgage TypeNumber of Single-family HousesPercent of total
Without a mortgage67641.3%
First Mortgage Only75846.4%
Second Mortgage and/or Home Equity Loan20112.3%
Total1,635100%

Tenancy in Algona

How many people in Algona live in their own home? How many rent their home? Data for houses and condos, from 2000.
Owner-occupied homes1,793
Renter-occupied homes641
Homes for sale36
Homes for rent104
Total2,640

Age of Algona Residents

Median age for males and females (2000).
Males 39
Females 43

Income

Median earnings for the 12 months preceding 2000, residents over 16 years with earnings
U.S.IowaAlgona
Median Earnings$23,755$21,406$18,776
Median Earnings, Males$29,458$26,828$27,130
Median Earnings, Females$18,957$16,663$13,431

Males earn $13,699 (102.0%) more than Females in Algona.

Commuting in Algona

Means of transportation to work, workers over 16 years old.
Means of TransportNumber of People
Car, solo2,174
Carpooled322
Public Transit27
Bicycle21
Walking69
Other Means8
Total, Commuted2,621
Worked from home78
Total2,699

Time Spent Commuting in Algona

Time spent commuting in Algona
Time spent in minutesNumber of People
Less than 5500
5-91,075
10-14343
15-19191
20-24132
25-2921
30-34128
35-390
40-4443
45-5996
60-8966
Over 9026

Education

Level of higher education for people over 25 years in Algona (2000).
LevelNumber of MalesPercent of MalesNumber of FemalesPercent of Females
Some College45026.0%51930.0%
Associate Degree1267.3%22513.0%
Bachelor's Degree20011.5%25915.0%
Master's Degree362.1%181.0%
Professional Degree633.6%372.1%
Doctorate Degree160.9%00.0%
Total (at least some college)89151.4%1,05848.6%
Total over 251,732100%2,177100%

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