Algoma, MS Real Estate
According to census data in the year 2000 there were 228 housing units in Algoma.
This represents a 30.3% growth from 175 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 228 were located in what is classified as a rural area.
Homeownership rate in Algoma is about 83.7%.
Algoma's vacancy rate, including seasonal lodging, is about 11%.
Average household size is 2.53 people.
The majority of houses, apartments or condos in Algoma were built after 1981.
|Housing Units by Size|
|Five Bedrooms or more||1.80%|
Owned Homes, Apartments and Condos
|Average Household Size||2.37|
|Median year structure was built||1983|
|Median Value of occupied units||$56,400|
|Median Price asked for vacant units||$63,800|
Rented Homes, Apartments and Condos
|Average Household Size||3.36|
|Median year structure was built||1975|
|Median Monthly Rent asked for vacant units||$525|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||0%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||12.3%|