B-

Algona, IA

Source:

Affordability Score: 66/100

Population: 7,137 · 1 ZIP codes

The affordability dashboard for Algona, IA aggregates Census ACS 5-Year Estimates across 1 ZIP code covering 7,137 residents, then layers in county-level federal data to produce an overall grade of B- (66/100). The headline inputs are median household income of $66,642, median home value of $180,800, median rent of $890 per month, and 26.8% of adults holding a bachelor's degree or higher. These four metrics alone explain most of the variance between city dashboards.

Cross-agency feeds widen the picture beyond Census demographics. HUD publishes a Fair Market Rent for a 2-bedroom in this county at $919 per month (studio $682, 1BR $700, 3BR $1,102, 4BR $1,217). Department of Labor data lists infant center-based childcare at $8,301 per year, consuming 12% of the local median household income.

Reading the overall grade requires reading all seven dimensions together. The score weights Income 20%, Safety 20%, Housing 15%, Rent 15%, Education 10%, Commute 10%, and Childcare 10%, with each sub-score benchmarked against national percentiles rather than state averages — so the grade is genuinely comparable across any city in the country. Strengths visible in the raw data for Algona, IA include housing, rent. Unemployment currently reads 1.9% and poverty 5.5% — numbers worth keeping alongside the headline grade.

Score Breakdown

Income C-
$66,642
Median household income
Education D
26.8%
Bachelor's degree or higher
Housing B+
2.7x
Home value $180,800 vs income
Commute N/A
N/A
Average commute time
Rent A
$919/mo
2BR fair market rent (17% of income)
Safety N/A
N/A
Violent crime rate (county)
Childcare C+
$8,301/yr
Center-based infant care (12% of income)

Income & Employment

Median Income
$66,642
▲ 7% vs national
Per Capita Income
$38,596
Unemployment Rate
1.9%
Poverty Rate
5.5%

Housing

Median Home Value
$180,800
▼ 34% vs national
Median Rent
$890/mo
Owner Occupied
75.1%
2BR Fair Market Rent
$919/mo
▼ 23% vs national

Fair Market Rents by Bedroom

Studio
$682
1BR
$700
2BR
$919
3BR
$1,102
4BR
$1,217

Safety

Violent Crime Rate
Data Source
FBI UCR (county-level)

Education & Family

Bachelor's Degree+
26.8%
▼ 3 ppt vs national
High School+
58.8%
Median Age
43.5
Avg. Commute

Childcare Costs

Infant (Center)
$8,301/yr
12% of income
Toddler (Center)
$7,153/yr
Preschool (Center)
$7,153/yr
School-Age (Center)
$5,723/yr

What This Means

Algona, IA receives an overall affordability grade of B- (66/100), aggregated from 1 ZIP codes with a total population of 7,137. This area performs well in housing and rent. Data was unavailable for commute, safety — these dimensions were excluded from the overall score.

Nearby City Dashboards

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What are common questions about this dashboard?

Is Algona, IA affordable?
Algona, IA receives an overall affordability grade of B- (66/100) based on Census, HUD, FBI, and DOL data. Median household income is $66,642. Median home value is $180,800.
What is the cost of living in Algona?
Key cost metrics: Median rent $890/mo. 2BR fair market rent $919/mo. Infant childcare $8,301/yr. Median home value $180,800.
How is the affordability score calculated?
The score evaluates 7 dimensions weighted by importance: Income (20%), Safety (20%), Housing (15%), Rent (15%), Education (10%), Commute (10%), and Childcare (10%). Each metric is compared against national percentile benchmarks from Census, HUD, FBI, and DOL data.

Data as of 2024. Source: U.S. Census Bureau ACS 5-Year Estimates. Source: HUD Fair Market Rents. Source: FBI Uniform Crime Report. Source: DOL National Database of Childcare Prices. Verify with HUD →