HomeWashingtonKing CountyAlgona city
Algona city, Washington: commercial real estate data.
Algona city is a Census city of 3,247 people across 1.29 square miles of land, in King County. Median household income is $85,332, 83.1 percent of occupied homes are owned, and the SBA record carries 4 7(a) approvals to borrowers here worth $3.8 m.
76 sourced place values · tier FULL · 8 sections
Algona
What Algona is
- Census place typecity
- Land area1.29 sq mi
- Water area0 sq mi
- Population per square mile of land2,514
- County holding the largest share of its areaKing 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
- Population3,247
- Median age34.5
- Population under 18879
- Share under 1827.1 percent
- Population 65 and over205 plus or minus 67
- Share 65 and over6.3 percent plus or minus 2.1
- Households947
- Family households809
- Share of households that are families85.4 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$85,332
- Per capita income$30,906
- Civilian labor force1,695
- Employed1,536
- Unemployed159 plus or minus 100
- Unemployment rate9.4 percent plus or minus 5.8
- Adults 25 and over2,122
- Adults 25 and over with a high school diploma or higher74.6 percent
- Adults 25 and over with a bachelor degree or higher16.1 percent plus or minus 10.4
- Adults 25 and over with a graduate degree2.7 percent plus or minus 2.0
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Algona
Housing in Algona
- Housing units984
- Occupied units947
- Vacant units37 plus or minus 36
- Vacancy rate3.8 percent plus or minus 3.6
- Owner occupied787
- Renter occupied160 plus or minus 73
- Ownership rate83.1 percent
- Median owner-occupied home value$441,500
- Median gross rent, monthly$1,838
- Annual rent as a share of median income25.8 percent
- Single family units785
- Share single family79.8 percent
- Units in buildings of two or more23 plus or minus 30
- Share in buildings of two or more2.3 percent plus or minus 3.1
- Mobile homes176 plus or minus 140
- Median year structure built1989
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 commute1,350
- Commuting under 15 minutes393 plus or minus 174
- Share commuting under 15 minutes29.1 percent plus or minus 12.3
- Commuting 30 minutes or more558 plus or minus 128
- Share commuting 30 minutes or more41.3 percent
- Drove alone72.4 percent
- Carpooled12.3 percent plus or minus 5.7
- Public transport1.3 percent plus or minus 1.0
- Walked0.4 percent plus or minus 0.7
- Worked from home5.2 percent plus or minus 2.9
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Algona
SBA 7(a) lending to Algona borrowers
- Approvals4
- Gross approval$3,805,800
- Average approval$951,450
- Median approval$710,000
- Ninetieth percentile approval$2,587,000
- Largest approval$2,587,000
- Jobs supported8
- Jobs per approval2.0
- Loans with a final outcome1
- Paid in full1
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more25.0 percent
- Share to franchises0.0 percent
- Distinct lenders4
- Distinct industries by NAICS4
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 504 lending to Algona borrowers
- Approvals1
- Gross approval$504,000
- Average approval$504,000
- Median approval$504,000
- Largest approval$504,000
- Jobs supported30
- Loans with a final outcome0
- Charged off0
- Median term300 months
- Distinct CDCs1
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
King County, not Algona
King County context, not Algona figures
These are King 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 King County70,376
- Employment at those establishments, King County1,305,947
- Covered employment, King County1,449,785
- Average annual pay, King County$132,279
- Average weekly wage, King County$2,544
- Housing units permitted, King County10,564
- Of those, single family, King County2,352
- County product, 2024, King County$477,154,354,000
- County product change over the prior year, King County7.9 percent
- Average income of an arriving household, King County$117,917
Every figure in this section is published for King 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, Washington?
3,247, in 947 households. Algona city covers 1.29 square miles of land, which is 2,514 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?
King 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?
$85,332. The median owner-occupied home is valued at $441,500. Median gross rent is $1,838 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 $3.8 m, across 4 lenders, median approval $710,000, plus 1 504 approvals worth $504,000. 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 King 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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