HomeIowaKossuth CountyAlgona city
Algona city, Iowa: commercial real estate data.
Algona city is a Census city of 5,377 people across 4.64 square miles of land, in Kossuth County. Median household income is $56,040, 68.9 percent of occupied homes are owned, and the SBA record carries 4 7(a) approvals to borrowers here worth $1.4 m.
76 sourced place values · tier FULL · 8 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Algona
What Algona is
- Census place typecity
- Land area4.64 sq mi
- Water area0.01 sq mi
- Population per square mile of land1,160
- County holding the largest share of its areaKossuth County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Algona
How many people live in Algona
- Population5,377
- Median age40.1
- Population under 181,091
- Share under 1820.3 percent
- Population 65 and over1,383
- Share 65 and over25.7 percent
- Households2,552
- Family households1,310
- Share of households that are families51.3 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Algona
Income and work in Algona
- Median household income$56,040
- Per capita income$35,587
- Civilian labor force2,697
- Employed2,644
- Unemployed53 plus or minus 44
- Unemployment rate2.0 percent plus or minus 1.6
- Adults 25 and over3,827
- Adults 25 and over with a high school diploma or higher95.1 percent
- Adults 25 and over with a bachelor degree or higher25.5 percent
- Adults 25 and over with a graduate degree6.4 percent plus or minus 2.3
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Algona
Housing in Algona
- Housing units2,703
- Occupied units2,552
- Vacant units151 plus or minus 101
- Vacancy rate5.6 percent plus or minus 3.7
- Owner occupied1,759
- Renter occupied793 plus or minus 183
- Ownership rate68.9 percent
- Median owner-occupied home value$160,800
- Median gross rent, monthly$885
- Annual rent as a share of median income19.0 percent
- Single family units2,043
- Share single family75.6 percent
- Units in buildings of two or more660 plus or minus 190
- Share in buildings of two or more24.4 percent plus or minus 6.9
- Mobile homes0
- Median year structure built1970
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Algona
How Algona gets to work
- Workers 16 and over who commute2,441
- Commuting under 15 minutes1,838
- Share commuting under 15 minutes75.3 percent
- Commuting 30 minutes or more335 plus or minus 147
- Share commuting 30 minutes or more13.7 percent plus or minus 5.9
- Drove alone81.8 percent
- Carpooled8.8 percent plus or minus 5.2
- Public transport0.0 percent
- Walked5.1 percent plus or minus 3.8
- Worked from home3.9 percent plus or minus 1.8
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Algona
SBA loans in Algona (7(a))
- Approvals4
- Gross approval$1,420,000
- Average approval$355,000
- Median approval$610,000
- Ninetieth percentile approval$777,000
- Largest approval$777,000
- Jobs supported31
- Jobs per approval7.8
- Loans with a final outcome1
- Paid in full1
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises25.0 percent
- Distinct lenders3
- Distinct industries by NAICS3
A charge-off rate is not published here. only 1 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Algona
SBA loans in Algona (504)
- Approvals4
- Gross approval$503,000
- Average approval$125,750
- Median approval$159,000
- Largest approval$178,000
- Jobs supported4
- Loans with a final outcome3
- Charged off0
- Median term240 months
- Distinct CDCs2
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Kossuth County, not Algona
Kossuth County context, not Algona figures
These are Kossuth County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Algona measurements.
- Establishments in Kossuth County536
- Employment at those establishments, Kossuth County5,276
- Covered employment, Kossuth County6,565
- Average annual pay, Kossuth County$52,766
- Average weekly wage, Kossuth County$1,015
- Housing units permitted, Kossuth County9
- Of those, single family, Kossuth County9
- County product, 2024, Kossuth County$1,398,715,000
- County product change over the prior year, Kossuth County6.9 percent
- Average income of an arriving household, Kossuth County$48,535
Every figure in this section is published for Kossuth County as a whole and is not a measurement of Algona. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Algona questions, answered from the record.
How many people live in Algona, Iowa?
5,377, in 2,552 households. Algona city covers 4.64 square miles of land, which is 1,160 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Algona in?
Kossuth County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Algona?
$56,040. The median owner-occupied home is valued at $160,800. Median gross rent is $885 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Algona businesses?
4 7(a) approvals totalling $1.4 m, across 3 lenders, median approval $610,000, plus 4 504 approvals worth $503,000. These count approvals to borrowers whose address is in Algona, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Algona borrowers get paid back?
No rate is published for Algona. only 1 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Are the county figures on this page Algona figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Kossuth County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Algona.
Is zoning published for Algona?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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