Algonac, MI 48001 has a population of approximately 11,886 and experiences a population change rate of -10.13%. The population density is 625.1 / sq mi .
Algonac, MI 48001 has a population of approximately 11,886 and experiences a population change rate of -10.13%. The population density is 625.1 / sq mi .
The median household income for Algonac, MI 48001 is $58,800, with 5,142 households and an average household size of 2.27.
The median value of a home in Algonac, MI 48001 is $222,900 with an appreciation rate of 10.80%. 73.62% of housing in the state is owned while 14.25% is rented.
The cost of living in Algonac, MI 48001 is 101.4 %.
The unemployment rate in Algonac, MI 48001 is 2.20%, and recent job growth is at 0.80%. Future job growth is projected at 44.56%.
The sales tax rate in Algonac, MI 48001 is 6.00%, while the income tax rate is 4.25% .
School expenditures in Algonac, MI 48001 are $12,411, and the school ratio is 18.1:1.
The average high temperature in July is 83.1 degrees, with an average low temperature in January of 17.4 degrees. The average rainfall is approximately 32.9 inches per year, with 32.4 inches of snow per year.