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The total population of Algoma is estimated to be 834 with 418 males (50.12%) and 416 females (49.88%). There are 2 less females than males in Algoma.
The median household income in Algoma was $49,541 in 2021, which marked an a decrease of 16,377(24.84%) from $65,918 in 2020. This income is 66.40% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Algoma sees its highest median household income among householders in the age group of 25 to 44 years old, at $82,420. Overall, the median household income for the town of Algoma stands at $49,541.
In Algoma, the median income for all workers aged 15 years and older, regardless of work hours, was $31,752 for males and $30,690 for females. However, when specifically considering full-time, year-round workers within the same age group, while the Census reported a median income of $47,474 for males, while data for females was unavailable due to an insufficient number of sample observations.
In Algoma, there are just two different racial groups among households. Among these, White households report a median household income of $75,848, while Black or African American households have a median household income of $27,496.
In 2022, the population of Algoma was 708, a 0.00% decrease year-by-year from 2021. Previously, in 2021, Algoma's population was 708, an increase of 0.28% compared to a population of 706 in 2020.
The median age in Algoma, MS is 38.3, as per 2021 ACS 5-Year Estimates. Of the total population, 26.77% were under the age of 15, 14.68% aged 15 to 29, 41.45% aged 30 to 64, 13.55% aged 65 to 84, and 3.55% were 85 years of age and older.
Racial distribution of Algoma population: 75.16% are White, 15.48% are Black or African American, 0.65% are American Indian and Alaska Native and 8.71% are multiracial.