Algoma
Township in Kent County, Michigan. Everything the public record says about this community, plus what the market is doing here.
New Construction
What Is Being Built Here
Residential building permits pulled in Algoma, by year and by structure size. Units in the five-plus column are apartments and condominiums rather than houses.
| Year | Single Family | 2 to 4 Units | 5+ Units | Total Units | Construction Value |
|---|---|---|---|---|---|
| 2025 | 16 | 0 | 5 | 21 | $5,888,273 |
| 2024 | 32 | 0 | 0 | 32 | $14,968,240 |
| 2023 | 31 | 0 | 0 | 31 | $15,616,724 |
| 2022 | 37 | 12 | 0 | 49 | $8,562,071 |
The Public Record
Algoma by the Numbers
From the U.S. Census Bureau American Community Survey five-year estimates. Median home value here is what owners report across all housing in the community, which is a different measure from what changed hands last month.
| Measure | Value |
|---|---|
| Population | 12,143 |
| Households | 4,412 |
| Median household income | $117,690 |
| Per capita income | $46,384 |
| Median home value | $335,600 |
| Median gross rent | $1,494 |
| Median monthly owner cost, with a mortgage | $1,866 |
| Total housing units | 4,439 |
| Owner occupied | 93.0% |
| Vacancy rate | 0.6% |
| Median year structure built | 1993 |
| Mean commute to work | 28.0 minutes |
Where It Sits
Algoma in Kent County
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Buying or Selling in Algoma?
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