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Cost of living, pay and housing

36.20° N · 85.45° W · GEOID 4700640

Algood

Putnam County, Tennessee · part of the Cookeville, TN metro

Limited data population under 5,000

TennesseeAlgood, TNAlgoodAlgood

The short answer

Algood is home to 4,036 people. Median household income is $42,359 a year and median rent is $817 a month, 23.1% of income (a ratio of two medians, not any one household's burden). Rent pressure is lighter than in most places. The median home is valued at $190,300, about 4.5x annual median household income.

Median gross rent
$817
40% below the median place
Median household income
$42,359
47% below the median place
Median home value
$190,300
40% below the median place
Unemployment
3.7%
24% below the median place

Compared with the median of the 6,645 places we track. The bundle was checked 2026-11-14; each measure may refer to an older release.

What stands out about Algood

  • 32.9% of residents live below the poverty line, more than in 97% of the 2,082 places under 10,000 people we track. It is the 3rd-highest of 107 Tennessee places.
  • The median household earns $42,359 a year, less than in 94% of places its size.
  • 68% of renter households spend 30% or more of income on rent, a higher share than in 90% of places its size.
  • Between the 2019 and 2024 surveys, household income rose 4.5% a year while rent rose 0.4%, so pay gained on rent more than in 83% of places its size.
  • Median rent is $817 a month, lower than in 86% of places its size.
01

Moving to Algood

Putnam County gains about 5.5 residents per 1,000 a year to moves between counties.

Moved in4,607
Moved out4,258
Net+349

Where people come from and where they go, top counties

Overton County, TN386510−124
White County, TN348453−105
Jackson County, TN271285−14

Within Tennessee, other states or abroad

Arrivals
Leavers
Within TennesseeOther states

Income per tax return

Arrivals$60K
Leavers$51K

People on tax returns who moved between counties, from IRS migration data, 2022 to 2023. Figures are for all of Putnam County; flows under 20 returns are not published.

Who moves here
6.7% of residents arrived from another county in the past year, 2.6% from another state. County figure.
Who arrives and who leaves
Households moving into Putnam County report $60,200 a year in income on average; those leaving, $50,700, so newcomers earn more than leavers.
Income you would need
$32,700 a year to rent the median home at the 30% line. From your city
Rent or buy
Median rent is $817 a month; owners with a mortgage pay $1,075 a month including taxes and insurance, on a median home of $190,300.
Getting to work
22 minutes each way on average; 10.1% work from home.
If it is close but not quite
Tifton, GA matches it on character. Compare the two
Income of households moving out6
$50,679
28% below the median place
Net movers per 1,000 people6
5.5
above the median place (median -0.6)
Income of households moving in6
$60,175
15% below the median place
All 5 moving measures
MeasureAlgoodAmong 6,645 placesVs median
Moved here in the past year1County figure6.7%17% above
Moved from another state1County figure2.6%33% above
Net movers per 1,000 people6County figure5.5above (median -0.6)
Income of households moving in6County figure$60,17515% below
Income of households moving out6County figure$50,67928% below
02

What it costs to live here

Owner costs with a mortgage is $1,075, 43% below the median place.

Algood23.1%
Typical place20.4%

Share of the median household income that goes to the median rent. Above 30% is the usual stress line.

Income needed to rent
$32,680
a year, at the 30% line
Rent to income
23.1%
13% above the median place
Home price to income
4.5x
18% above the median place

Could you afford it?

The median rent would take
23%
comfortably under the 30% line
Left after rent, in US prices
$32,200
a year, prices not adjusted
Vs the typical household here
Same
as the median household

Uses the median rent in Algood, $817 a month. It runs in your browser and stores nothing.

Like Algood, but easier on the budget

Close matches on income, rent, home value, education and age, where rent takes a clearly smaller share of income.

PlaceRent to incomeMore left a year
West Monroe, LA20.1% vs 23.1%n/aCompare
Rice Lake, WI19.6% vs 23.1%n/aCompare
Devils Lake, ND19.7% vs 23.1%n/aCompare

Moving from somewhere else? Work out the salary you would need in Algood.

Sponsored · exampleMoving to Algood? Compare quotes from licensed movers. No partner is signed yet. Sponsored offers are always labelled and never change the data.
Owner costs with a mortgage1
$1,075
43% below the median place
Property tax paid (median)1
$978
70% below the median place
Renters paying 30%+1
67.5%
33% above the median place
All 14 cost and housing measures
MeasureAlgoodAmong 6,645 placesVs median
Median gross rent1$81740% below
Rent to income123.1%13% above
Property tax rate10.5%44% below
Home price to income14.5x18% above
Fair market rent, 2 bedrooms2County figure$1,10232% below
Property tax paid (median)1$97870% below
Median home value1$190,30040% below
Home prices, 1-year change3County figure2.9%10% below
Home prices, 5-year change3County figure65.8%28% above
Homeownership155.0%17% below
Renters paying 30%+167.5%33% above
Owner costs with a mortgage1$1,07543% below
Vacant homes1County figure8.0%13% above
Median year built119921% above
03

Work and pay

Commutes by transit is 0.0%, below the median place (median 0.8%).

Commutes by transit1
0.0%
below the median place (median 0.8%)
Poverty rate1
32.9%
206% above the median place
Median household income1
$42,359
47% below the median place
All 10 work and pay measures
MeasureAlgoodAmong 6,645 placesVs median
Median household income1$42,35947% below
Income per person1$24,06940% below
Unemployment1County figure3.7%24% below
Average annual pay4County figure$52,31621% below
Pay growth, 1 year4County figure4.0%8% above
Jobs4County figure39,90174% below
Poverty rate132.9%206% above
Mean commute122 min13% below
Works from home1County figure10.1%19% below
Commutes by transit10.0%below (median 0.8%)
04

Who lives here

High school or higher is 77.8%, 16% below the median place.

High school or higher1
77.8%
16% below the median place
Median age1
36.0
8% below the median place
Population change since 20205
5.0%
331% above the median place

More about who lives here, against the typical place

Bachelor's or higher23.6% −26%
Homes with broadband90.4% −2%
Household size2.5 −2%
All 9 people measures
MeasureAlgoodAmong 6,645 placesVs median
Population14,0366646th largest
Population change since 202055.0%331% above
Median age136.08% below
Bachelor's or higher123.6%26% below
High school or higher177.8%16% below
Household size12.52% below
Born abroad1County figure5.7%35% below
No health insurance1County figure10.6%66% above
Homes with broadband190.4%2% below
05

Life in Algood

1 site is on the National Register of Historic Places, one of them a National Historic Landmark.

  • Algood Methodist Church listed 1979

Out the door, against the typical place

Parks per 10k residents14.9 +46%
Playgrounds per 10k39.6 4.2×
Grocery stores per 10k5.0 2.3×
Restaurants, cafes and bars per 10k19.8 +78%
Libraries per 10k5.0 5.7×
Named paths and bike trails0 km −100%
Bus and rail stops per sq mi0.0 −100%

Mapped by volunteers in OpenStreetMap inside the city limits (Census boundaries), so coverage is fuller in some places than others. Map data © OpenStreetMap contributors, ODbL.

Businesses per 10,000 residents (county figures)

Restaurants and bars24.5 +18%
Shops43.5 +44%
Arts, recreation and fitness2.8 −32%
Doctors' offices and clinics22.0 +9%
Child care centers2.1 −9%

Counts businesses with paid staff, so small owner-run shops are not included.

Public school students11
571
88% below the median place
Public schools11
2
78% below the median place
Shops per 10k7
43.5
44% above the median place
All 15 schools and local life measures
MeasureAlgoodAmong 6,645 placesVs median
Public schools11278% below
Public school students1157188% below
Restaurants and bars per 10k7County figure24.518% above
Shops per 10k7County figure43.544% above
Arts, recreation and fitness per 10k7County figure2.832% below
Doctors' offices and clinics per 10k7County figure22.09% above
Child care centers per 10k7County figure2.19% below
Parks per 10k814.946% above
Playgrounds per 10k839.6321% above
Grocery stores per 10k85.0134% above
Restaurants, cafes and bars per 10k819.878% above
Libraries per 10k85.0above (median 0.9)
Named paths and bike trails80.0below (median 2.0)
Transit stops per sq mi80.0below (median 0.2)
National Register listings9192% below
06

Safety, weather and risk

Violent crime per 100k is 194, 1% above the median place.

Violent crime per 100k
194
1% above the median place
Property crime per 100k
750
38% below the median place
Months reported
12 of 12
by the city police department to the FBI

Counts only offenses reported by the city police department. Sheriff, state and campus police are not included, and some departments do not report to the FBI at all, so compare with care.

Median air quality index14
30
30% below the median place
Annual precipitation12
58.3 in
33% above the median place
Heat wave risk13
35.6
61% below the median place
All 11 weather and risk measures
MeasureAlgoodAmong 6,645 placesVs median
July average high12County figure87°F0% below
January average low12County figure28°F10% above
Average temperature12County figure57°F4% above
Annual precipitation12County figure58.3 in33% above
Natural hazard risk13County figure65.829% below
Hurricane risk13County figure48.032% below
Tornado risk13County figure86.97% above
Wildfire risk13County figure27.156% below
Heat wave risk13County figure35.661% below
Median air quality index14County figure3030% below
Good air days14County figure90.0%31% above
08

Algood in 2030: where the trends point

If recent trends hold, the median rent will take about 23% of the median income in 2030, about the same as 23% now.

Citytistics projections to 2030: each figure's own trend, blended with the typical trend across the places we rate, eased toward long-run US growth and carried forward from the latest release. The range is where 80% of places landed when we tested the same method on past releases.

MeasureLatest2030 projectionLikely rangeAvg. per year
Median rent$817/mo (2024)$1,020/mo$840 to $1,240/mo+3.7%
Median household income$42,359 (2024)$53,500$45,500 to $63,500+4.0%
Median home value$190,300 (2024)$272,000$197,000 to $374,000+6.1%
Population4,165 (2025)4,3004,120 to 4,480+0.6%

The median home would be worth 5.1 years of the median income in 2030, against 4.5 now.

A projection of recent trends, not a prediction of the economy or advice to buy or sell. How we project.

09

Places like Algood

The closest matches on income, rent, home value, education and age, and the places nearby.

PlaceRentIncome
Tifton, GA$798$45,298Compare
West Monroe, LA$826$49,386Compare
Orangeburg, SC$848$38,635Compare
Moultrie, GA$790$43,670Compare
Moultrie, GAOrangeburg, SCWest Monroe, LATifton, GAAlgood, TNAlgoodTiftonWest MonroeOrangeburgMoultrieAlgoodTiftonWest MonroeOrangeburgMoultrie

Common questions

Is Algood a good place to live?

It depends on what you need, so here is what the numbers say. 32.9% of residents live below the poverty line, more than in 97% of the 2,082 places under 10,000 people we track. It is the 3rd-highest of 107 Tennessee places. The median household earns $42,359 a year, less than in 94% of places its size. On cost, space and class size it scores 7 out of 100 for families. See how it ranks with your own weights.

Is Algood expensive to live in?

The median rent takes 23.1% of the median household income, against 20.4% in the typical place we track. Housing is a heavier load here than usual. The median home is valued at $190,300.

What salary do you need to live in Algood?

To rent the median home without spending more than 30% of income on rent, a household needs about $32,680 a year. Work it out from your current city.

Is Algood safe?

There were 194 reported violent crimes per 100,000 residents, against 192 in the typical place.

What places are similar to Algood?

On income, rent, home value, education and age, the closest matches are Tifton, GA, West Monroe, LA, Orangeburg, SC and Moultrie, GA.

Sources and methods

The small numbers beside each measure point here. Every dataset is public; links go to the publisher.

  1. American Community Survey 5-year estimates · US Census Bureau · 2020 to 2024 estimatesTables B01002, B01003, B05002, B07003, B08013, B08301, B15003, B17001, B19013, B19301, B23025, B25002, B25003, B25010, B25035, B25064, B25070, B25077, B25088, B25103, B28002, S2701
  2. Fair Market Rents · US Department of Housing and Urban Development · Fiscal year 2027
  3. House Price Index · Federal Housing Finance Agency · Latest release, retrieved 2026-11-14
  4. Quarterly Census of Employment and Wages · US Bureau of Labor Statistics · 2025 annual averages
  5. Population Estimates · US Census Bureau · Vintage 2025
  6. SOI Tax Stats, county-to-county migration · Internal Revenue Service · Tax years 2022 to 2023Counts tax returns and the people on them; flows under 20 returns are suppressed.
  7. County Business Patterns · US Census Bureau · 2023 data
  8. OpenStreetMap · © OpenStreetMap contributors, available under the Open Database License (ODbL) · Map data as of 2026-11
  9. National Register of Historic Places · National Park Service · Listings through 2026-05-22
  10. Crime Data Explorer · Federal Bureau of Investigation · 2025 data
  11. Common Core of Data · National Center for Education Statistics · 2024 release
  12. 1991-2020 climate normals · NOAA National Centers for Environmental Information · Series updated 2026-11-05Averages for 1991 to 2020 computed from NOAA's county climate series (nClimDiv).nClimDiv county series
  13. National Risk Index · Federal Emergency Management Agency · Latest release, retrieved 2026-11-14NRI data and maps
  14. Air Quality System, annual AQI by county · US Environmental Protection Agency · 2025 dataAirData download files

Derived by Citytistics from the tables above: rent to income (B25064, B19013); property tax rate (B25103, B25077); home price to income (B25077, B19013).

What stands out compares Algood with places of a similar size, using only figures measured for Algood itself; county and metro figures never count. Survey figures are estimates with margins of error. Formulas and definitions: methodology. API: /api/v1/places/algood-tennessee

Citytistics. “Algood, Tennessee.” Data as of 2026-11-14. https://www.citytistics.com/city/algood-tennessee/

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.