Algoma, WI Real Estate
According to census data in the year 2000 there were 1,627 housing units in Algoma.
This represents a 4% growth from 1,564 in 1990.
Of those housing units, 1,627 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Algoma is about 73.1%.
Algoma's vacancy rate, including seasonal lodging, is about 8.2%.
Average household size is 2.19 people.
The majority of houses, apartments or condos in Algoma were built after 1954.
|Housing Units by Size|
|Five Bedrooms or more||1.70%|
Owned Homes, Apartments and Condos
|Average Household Size||2.26|
|Median year structure was built||1955|
|Median Value of occupied units||$73,600|
|Median Price asked for vacant units||$83,500|
Rented Homes, Apartments and Condos
|Average Household Size||2.01|
|Median year structure was built||1952|
|Median Monthly Rent asked for vacant units||$294|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||9%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||16.9%|