Algoma, VA
Comprehensive Demographic, Economic, and Housing Data Profile
Living in Algoma, VA: Quick Facts & Overview
- Population: 2,371 residents (11 people per sq. mi.)
- Average House Price: $245,287
- Average Household Income: $49,353
Algoma, VA is located in the state of Virginia. It is home to about 2,371 people, with around 11 residents living in every square mile.
If you want to buy a house in Algoma, the average price is around $245,287. That makes local housing 29% lower than the Virginia average of $344,811, and 21% lower than the national average of $308,592.
The average household in Algoma earns about $49,353 a year. This income is 42% lower than the average family in Virginia ($85,511), and 37% lower than the national average ($78,686).
Population
2,371
Median Household Income
$49,353
Median Home Value
$245,287
Median Age
35.5 yrs
Household Income Brackets
Racial & Ethnic Demographics
Age Distribution
Educational Attainment
Economic & Labor Indicators
| Individual Median Income | $27,652 |
| Labor Force Participation | 57.6% |
| Unemployment Rate | 1.3% |
| Average Commute Time | 32.3 mins |
Housing & Community Metrics
| Home Ownership Rate | 76.7% |
| Median Rent | $680 |
| Rent Burdened (>30% Income) | 42.5% |
| Total Housing Units | 863 |
Additional Census & Housing Profile
Geographic Overview
| County | Franklin |
| County FIPS | 51067 |
| Metro Area (CBSA) | Roanoke, VA |
| Population Density | 10.8/sq mi |
| Coordinates (lat/lng) | 37.0560, -80.0873 |
| Timezone | America/New_York |
| National Ranking | 4 |
| Incorporated | No |
Household Structure
| Average Family Size | 3.18 |
| Dual Income Families | 54.0% |
Marital Status
| Married | 55.5% |
| Never Married | 20.1% |
| Divorced | 7.1% |
| Widowed | 17.4% |
Gender
| Male | 49.8% |
| Female | 50.2% |
Health & Poverty
| Uninsured Rate (Health) | 3.1% |
| Poverty Rate | 34.9% |
Key Population Groups
| Veterans | 2.7% |
| Disabled Population | 10.9% |
| Limited English Proficiency | - |
All ZIP Codes in Algoma
| ZIP Code | Population | Median Household Income | Median Home Value |
|---|---|---|---|
| 24067 | 2,371 | $49,353 | $245,287 |
Nearby Cities
| City | Distance | Population |
|---|---|---|
| Boones Mill, VA | 8.5 miles | 228 |
| Ferrum, VA | 9.5 miles | 1,774 |
| Rocky Mount, VA | 11.7 miles | 4,950 |
| Shawsville, VA | 12.1 miles | 1,411 |
| Cave Spring, VA | 12.5 miles | 25,742 |
| Elliston, VA | 13.4 miles | 952 |
| Henry Fork, VA | 13.4 miles | 805 |
| Lafayette, VA | 13.8 miles | 628 |
| Glenvar, VA | 15.3 miles | 829 |
| Salem, VA | 16 miles | 25,618 |
| Floyd, VA | 16.2 miles | 479 |
| Roanoke, VA | 16.9 miles | 218,060 |
| Christiansburg, VA | 18.4 miles | 22,720 |
| Vinton, VA | 18.6 miles | 8,056 |
| Riner, VA | 19.5 miles | 1,038 |
| Oak Level, VA | 19.8 miles | 563 |
| Merrimac, VA | 20.8 miles | 2,733 |
| Bassett, VA | 21.1 miles | 1,031 |
| Hollins, VA | 21.2 miles | 17,097 |
| Westlake Corner, VA | 21.5 miles | 2,033 |
| Stewartsville, VA | 21.8 miles | 737 |
| Blacksburg, VA | 22.3 miles | 70,313 |
| Stanleytown, VA | 22.3 miles | 1,386 |
| Union Hall, VA | 22.4 miles | 1,445 |
| Cloverdale, VA | 23.1 miles | 3,208 |
| Plum Creek, VA | 23.5 miles | 1,068 |
| North Shore, VA | 24 miles | 3,638 |
| Prices Fork, VA | 24.3 miles | 900 |
| Belview, VA | 24.6 miles | 990 |
| Laymantown, VA | 24.8 miles | 1,626 |
| Collinsville, VA | 25.1 miles | 7,139 |
| Penhook, VA | 25.5 miles | 1,250 |
| Fieldale, VA | 25.8 miles | 783 |
| Radford, VA | 26.4 miles | 16,726 |
| Daleville, VA | 26.6 miles | 3,797 |
| Fairlawn, VA | 26.6 miles | 2,488 |
| Blue Ridge, VA | 26.7 miles | 2,800 |
| Villa Heights, VA | 26.8 miles | 601 |
| Troutville, VA | 27.5 miles | 475 |
| Moneta, VA | 27.7 miles | 395 |
| Meadows of Dan, VA | 27.8 miles | 134 |
| New River, VA | 28.5 miles | 268 |
| Martinsville, VA | 28.6 miles | 13,658 |
| Patrick Springs, VA | 29.8 miles | 2,223 |
| Horse Pasture, VA | 30.3 miles | 2,236 |
| Montvale, VA | 30.3 miles | 351 |
| Belspring, VA | 30.3 miles | 152 |
| Stuart, VA | 30.4 miles | 1,952 |
| Laurel Park, VA | 30.4 miles | 553 |
| Chatmoss, VA | 30.8 miles | 1,563 |
| New Castle, VA | 30.8 miles | 138 |
| Parrott, VA | 31.6 miles | 401 |
| Fincastle, VA | 32.9 miles | 858 |
| Dublin, VA | 33 miles | 2,671 |
| Eggleston, VA | 33.5 miles | 117 |
| Ridgeway, VA | 35.4 miles | 1,051 |
| Pembroke, VA | 35.4 miles | 996 |
| Draper, VA | 36 miles | 348 |
| Bedford, VA | 36.8 miles | 7,724 |
| Pulaski, VA | 37.2 miles | 8,893 |
| Ripplemead, VA | 38.4 miles | 294 |
| Buchanan, VA | 38.9 miles | 1,367 |
| Sandy Level, VA | 39.4 miles | 407 |
| Pearisburg, VA | 40 miles | 2,860 |
| Gretna, VA | 40.5 miles | 1,452 |
| Motley, VA | 40.8 miles | 987 |
| Hillsville, VA | 41.3 miles | 2,864 |
| Chatham, VA | 41.5 miles | 1,448 |
| Stoneville, NC | 42 miles | 1,094 |
| Eden, NC | 42.8 miles | 15,356 |
| Fancy Gap, VA | 42.8 miles | 214 |
| Hurt, VA | 43.3 miles | 1,361 |
| Narrows, VA | 44 miles | 1,935 |
| Altavista, VA | 44.4 miles | 3,342 |
| Mayodan, NC | 44.4 miles | 2,401 |
| Union, WV | 44.6 miles | 476 |
| Danbury, NC | 45.1 miles | 197 |
| Mount Hermon, VA | 45.4 miles | 4,155 |
| Peterstown, WV | 45.6 miles | 594 |
| Cana, VA | 45.9 miles | 964 |
| Rich Creek, VA | 46.2 miles | 776 |
| Blairs, VA | 46.5 miles | 1,062 |
| Madison, NC | 46.7 miles | 2,242 |
| Mount Airy, NC | 47.8 miles | 10,633 |
| Fort Chiswell, VA | 48.6 miles | 821 |
| Max Meadows, VA | 48.9 miles | 599 |
| Toast, NC | 49.1 miles | 893 |
| Forest, VA | 49.4 miles | 13,430 |
| Timberlake, VA | 49.6 miles | 12,725 |
| Wentworth, NC | 49.6 miles | 2,692 |
| Mallow, VA | 49.6 miles | 537 |
| Danville, VA | 49.8 miles | 42,214 |
| Covington, VA | 50.2 miles | 5,680 |
| Ivanhoe, VA | 50.8 miles | 540 |
| Pilot Mountain, NC | 51 miles | 1,483 |