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Algoma, Wisconsin Mortgage and Housing Information

Population: 3,357
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
$83,500

Value of Houses and Condos

A comparison of the average prices of homes in Algoma, Wisconsin and the U.S.
U.S.WisconsinAlgoma
Median home value
in year 2000
$111,800$109,900$74,500

Monthly Owner Costs

Median owner costs for owner-occupied houses and condos in year 2000
U.S.WisconsinAlgoma
With a mortgage$1,088$1,024$763
Without a mortgage$295$333$291

Ownership of Single-family Houses

Types of mortgages for owner-occupied Single-family Houses in Algoma (2000)
Mortgage TypeNumber of Single-family HousesPercent of total
Without a mortgage42346.5%
First Mortgage Only34738.1%
Second Mortgage and/or Home Equity Loan14015.4%
Total910100%

Tenancy in Algoma

How many people in Algoma live in their own home? How many rent their home? Data for houses and condos, from 2000.
Owner-occupied homes1,086
Renter-occupied homes407
Homes for sale22
Homes for rent34
Total1,632

Age of Algoma Residents

Median age for males and females (2000).
Males 40
Females 43

Income

Median earnings for the 12 months preceding 2000, residents over 16 years with earnings
U.S.WisconsinAlgoma
Median Earnings$23,755$23,601$22,352
Median Earnings, Males$29,458$30,556$26,733
Median Earnings, Females$18,957$18,325$17,757

Males earn $8,976 (50.5%) more than Females in Algoma.

Commuting in Algoma

Means of transportation to work, workers over 16 years old.
Means of TransportNumber of People
Car, solo1,362
Carpooled194
Public Transit5
Bicycle2
Walking106
Other Means6
Total, Commuted1,675
Worked from home36
Total1,711

Time Spent Commuting in Algoma

Time spent commuting in Algoma
Time spent in minutesNumber of People
Less than 5277
5-9562
10-14169
15-1967
20-24158
25-2997
30-3482
35-3933
40-4428
45-59132
60-8949
Over 9021

Education

Level of higher education for people over 25 years in Algoma (2000).
LevelNumber of MalesPercent of MalesNumber of FemalesPercent of Females
Some College23621.6%23321.4%
Associate Degree656.0%524.8%
Bachelor's Degree676.1%13612.5%
Master's Degree302.7%444.0%
Professional Degree403.7%232.1%
Doctorate Degree60.5%00.0%
Total (at least some college)44440.7%48837.7%
Total over 251,091100%1,295100%

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