Algona, IA Employment - Median Household Income, Unemployment Rate

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Income/capita 6%

Household income 3%

Unemployment 91%

Index	Algona	Iowa	National
Income per capita	$28,188	$28,872	$29,829
Median household income	$53,388	$54,570	$55,322
Median income owner occupied	$61,375	$66,527	$70,586
Median income renter occupied	$35,052	$30,828	$35,192
Median earnings male	$40,650	$37,409	$36,919
Median earnings female	$26,207	$25,115	$26,250
Unemployment rate	0.4%	3.1%	4.7%
Poverty level	5.0%	12.3%	15.1%

Key findings

The income per capita in Algona is 6% lower than the national average
The median household income in Algona is 3% lower than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Algona is 91% lower than the national average
The poverty level in Algona is 67% lower than the national average

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am i middle class

$35,588$53,388$106,776

City

$36,376$54,570$109,140

State

$36,877$55,322$110,644

Nation

According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

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Algona median earnings by income bracket

Algona employment by industry

Labour Type	Male	Female
Construction industry	11.2%	0.7%
Manufacturing sector	28.5%	13.5%
Financial & insurance services	3.6%	9.4%
Wholesale & retail services	13.4%	7.3%
Public administration	3.3%	3.6%
Transportation, warehousing & utilities	6.2%	0.5%
Education, health & social services	8.4%	52.0%
Other	23.2%	17.9%

Nearby cities with high median household income

City, State	Population	Household Income	National Avg.
St. Benedict, IA	14	$69,375	25%
Lone Rock, IA	199	$66,250	20%
Livermore, IA	508	$53,500	3%
Wesley, IA	333	$50,625	8%
Whittemore, IA	504	$50,278	9%
Algona, IA	5,496	$53,388	3%

Cities with similar population

City, State	Population	Household Income	National Avg.
Waterville, OH	5,496	$79,293	43%
Woodside, CA	5,496	$223,934	305%
Old Fig Garden, CA	5,495	$65,694	19%
Edgerton, WI	5,494	$52,054	6%
Chester, SC	5,498	$24,239	56%
Algona, IA	5,496	$53,388	3%

Source: The Algona, IA employment data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).