Algona, IA Employment - Median Household Income, Unemployment Rate

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D+

6%

Income/capita NAT. AVG.

12%

Household income NAT. AVG.

36%

Unemployment NAT. AVG.

Index	Algona	Iowa	National
Income per capita	$31,556	$28,872	$29,829
Median household income	$48,492	$54,570	$55,322
Median income owner occupied	$65,272	$66,527	$70,586
Median income renter occupied	$0	$30,828	$35,192
Median earnings male	$46,657	$37,409	$36,919
Median earnings female	$30,554	$25,115	$26,250
Unemployment rate	3.0%	3.1%	4.7%
Poverty level	12.5%	12.3%	15.1%

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Key findings

The income per capita in Algona is 6% higher than the national average
The median household income in Algona is 12% lower than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Algona is 36% lower than the national average
The poverty level in Algona is 17% lower than the national average

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am i middle class

$32,324 $48,492 $96,984

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	14.8%	14.8%
Manufacturing sector	27.0%	27.0%
Financial & insurance services	4.2%	4.2%
Wholesale & retail services	26.2%	26.2%
Public administration	1.3%	1.3%
Transportation, warehousing & utilities	7.4%	7.4%
Education, health & social services	5.4%	5.4%
Other	13.4%	13.4%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Rodman, IA	24	$79,375	43.5%
Livermore, IA	434	$73,542	32.9%
St. Benedict, IA	24	$65,000	17.5%
Lone Rock, IA	179	$60,250	8.9%
Wesley, IA	451	$56,167	1.5%
Algona, IA	5,415	$48,492	12.3%

Cities with similar population

City	Population	Household Income	National Avg.
Starke, FL	5,415	$37,737	31.8%
Canal Fulton, OH	5,413	$48,908	11.6%
West Pleasant View, CO	5,417	$70,506	27.4%
Walterboro, SC	5,417	$33,969	38.6%
Willow Creek No. 26, AB	5,418	n/a
Algona, IA	5,415	$48,492	12.3%

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