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LOCAL GUIDE

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All About

Living In Algonac, MI

The small town of Algonac, Michigan is home to just over 4,000 residents. Retirees account for a greater percentage of the population (18%) here than nationally (14%), while young adults account for a smaller percentage of the town. Most residents own their homes in Algonac, and 33% of residents rent. Renters in the town benefit from a relatively low average rent of $704/month, which is $170 a month less than the state average.

Algonac's average commute time ranks as one of the longest in the state at about 41 minutes, 6th-highest in the state. Many residents (44%) drive their car or truck to work, while public transit isn't used. Walking isn't a common way to get to work.

Many Algonac residents work in one of two industries: manufacturing and construction. Together, these industries make up 16% of the workforce in the town. Meanwhile, in terms of job function, many workers in these industries are in transportation, making it the top profession in the town. With an average annual income of about $57,000, Algonac workers earn slightly less than the average Michigan resident. The town's average income also falls below the national average of $73,345. Algonac has a relatively large percentage of residents older than 25 who possess an Associate's degree (7%) compared to the national average (5%). In addition, 8% possess a Bachelor's degree and 3% have a Master's or Doctoral degree.



Frequently Asked Questions About Algonac

How much does it cost to rent in Algonac, MI?

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