Algoma city: Median Household Income Trend
How Algoma city's median household income changed from 2017 to 2023, based on U.S. Census Bureau ACS 5-Year Estimates. The 2019 vintage reflects the pre-COVID peak; 2021 captures the immediate COVID-era disruption; 2022–2023 show the recovery.
2017
$40,958
2023
$62,269
Total change
+$21,311
% change
+52%
| Year | Median Household Income | Change |
|---|---|---|
| 2017 | $40,958 | — |
| 2019 | $51,250 | +$10,292 (25.1%) |
| 2020 | $60,758 | +$9,508 (18.6%) |
| 2021 | $67,318 | +$6,560 (10.8%) |
| 2022 | $72,232 | +$4,914 (7.3%) |
| 2023 | $62,269 | $9,963 (-13.8%) |