The overall cost of living in this area is much lower than average. This includes everyday goods and services, as well as housing, utilities and health care.
With a lower than average crime rate per 100,000 people, this area could be considered a very safe place to live. Crime rates are based on both violent and property crimes.
This area has received high scores in the housing category. This could be due to a positive home affordability ratio, high appreciation rates or elevated home values.
Local residents have positive things to say about the proximity of restaurants, grocery stores, parks, public transit, friendliness of neighbors, sense of community and overall safety of the area.
A majority of amenities are not ideally situated within a reasonable walking distance, which may lead residents to rely on a vehicle or public transportation.
Public transportation is not readily available in this area and the average commute time to work could also be longer than the national average.
Poor air quality and the inaccessibility of certain health related facilities like hospitals, clinics, doctors and pharmacies could have all contributed to the low score in this category.
Algoma is a smaller city located in the state of Wisconsin. The city has a population of 3,044 inhabitants. If we look at the most recent Census, Algoma is known to have a predominantly White population. The next two most common races are American Indian and Alaskan and Black. If you are not a fan of long commutes, you will enjoy living in Algoma. With an average one way commute time of only 19 minutes, getting to and from work is a breeze compared to the national average of 26 minutes.
Whether you’re moving to a new city to be closer to family, friends or for a new job, living in Algoma could be a positive experience compared to other cities in Wisconsin if you know where to look. Don't forget to determine what matters most to you in a neighborhood. Consider factors such as safety, proximity to work or school, access to amenities (like parks, fitness facilities, grocery stores, restaurants), public transportation options, community atmosphere and the overall vibe you're looking for. Using the livability score which includes data from categories like crime, cost of living, health & safety, education, employment, you can easily compare the best places to live in Algoma and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Algoma to Wisconsin and the national average.
Using data and statistics Algoma has received a livability score of 73 out of 100. This score is ranked in the 84th percentile when compared to all other cities. If we explore each of the categories individually, we see that Algoma ranks well for crime (A+), cost of living (A+) and housing (A). The bad news for Algoma, there are some categories for which it does not score well, this includes: amenities (F).
Feeling a sense of safety in the area that you live in is a must for most people. Low crime rates can have a positive impact on things like home prices, home appreciation rates and can help foster positive community dynamics and social cohesion. Algoma has a violent crime rate of 156 crimes per 100,000 residents which is far lower than the national average.
Unemployment rates can vary significantly among cities, impacting job prospects, wage levels and the overall economic health of an area. In Algoma, the unemployment rate stands at 2.21%, suggesting increased job opportunities and a heightened demand for workers. This scenario can lead to higher wages, as the demand for employees outpaces job availability. Importantly, a low unemployment rate often signifies a robust and flourishing local economy.
For home buyers, real estate will be the largest purchase they will ever make and it will also be their most valuable asset. For renters, the monthly rent paid on their Algoma apartments will most likely be their largest expense. Based on tangible metrics like home and rental affordability and appreciation rates, housing in this area has received a score that is well above the average of every other US city. A thriving real estate market can also generate strong local economic activity and job creation.
Being close to public transit, grocery stores, parks and other conveniences are all important when weighing your options for a new home in Algoma. Before you determine if any of these amenities are available in the area, you will also want to know if the real estate prices in Algoma are affordable. The median home price for Algoma homes is $112,000, which is 32.9% lower than the Wisconsin average. If we take a closer look at the affordability of homes in Algoma, we’ll see that the home price to income ratio is 1.8, which is 41.9% lower than the Wisconsin average.
Statistic | Algoma | Wisconsin | National |
Average one way commute | 19min | 22min | 26min |
Workers who drive to work | 82.5% | 80.7% | 76.4% |
Workers who carpool | 9.6% | 8.3% | 9.3% |
Workers who take public transit | 0.1% | 1.9% | 5.1% |
Workers who bicycle | 1.0% | 0.8% | 0.6% |
Workers who walk | 2.2% | 3.3% | 2.8% |
Working from home | 3.9% | 4.2% | 4.6% |