HomeWashingtonKing CountyAlgona
Algona, Washington: commercial real estate data.
Algona 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 since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
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 loans in Algona (7(a))
- Approvals4
- Gross approval$3,805,800
- Average approval$951,450
- Median approval$602,500
- 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
Counted by borrower city: approvals to borrowers whose address is in Algona, in any county, FY2020 to FY2026. Only 1 loan has reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
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)
- 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
Counted by borrower city: approvals to borrowers whose address is in Algona, in any county, FY2010 to FY2026. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Algona
Flood risk in Algona
- NFIP communityCity of Algona
- NFIP community number530072
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date(NSFHA)
The City of Algona participates in the National Flood Insurance Program as community 530072 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
King County, not Algona
King County context, not Algona figures
- Establishments in King County70,376
- Covered employment, King County1,449,785
- Average annual pay, King County$132,279
- Housing units permitted, King County10,564
Every figure in this section is published for King County as a whole and is not a measurement of Algona.
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.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
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 totaling $3.8 m since FY2020, across 4 lenders, median approval $602,500, plus 1 504 approvals worth $504,000 since FY2010. 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 loan has reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Algona in the National Flood Insurance Program?
Yes. Algona appears in the FEMA Community Status Book as Algona, city of, community 530072, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Algona figures?
No, and they are labeled 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?
No. Nothing on this page presents parcel level zoning.
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