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Algood, Tennessee Demographics & Population 2026

High PovertyPoverty rate of 32.9% is well above the state average

During the 2020–2024 ACS period, Algood, Tennessee had a total population of 4,036, the 137th largest city in Tennessee, with a median household income of $42,359, which is 39% lower than the state average. The poverty rate is 32.9%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Algood Quick Facts

Population 4,036
Median Household Income $42,359
Median Home Value $190,300
Poverty Rate 32.9%
Unemployment Rate 0.7%
Median Age 36.0 years
Homeownership Rate 55.0%
Affordability Ratio 4.5x
Bachelor's Degree or Higher 23.6%
High School Graduation Rate 77.8%
Diversity Index 30/100
Population 4,036 137th of 502
Median Income $42,359 bottom 20%
Poverty Rate 32.9% 164% higher than national
Median Home Value $190,300 average

How Algood Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population4,0024,036+0.8%
Median household income$40,514$42,359+4.6%
Median home value$179,400$190,300+6.1%

How Algood Compares

Economy & Housing

Household Income Distribution

Under $25K 34.6%
$25K-$50K 29.5%
$50K-$100K 18.1%
$100K+ 17.9%
Detailed income brackets
Under $10K
15.0%
$10K-$15K
3.0%
$15K-$20K
8.1%
$20K-$25K
8.5%
$25K-$30K
0.9%
$30K-$35K
7.3%
$35K-$40K
3.5%
$40K-$45K
17.0%
$45K-$50K
0.8%
$50K-$60K
11.9%
$60K-$75K
5.1%
$75K-$100K
1.1%
$100K-$125K
8.4%
$125K-$150K
8.6%
$150K-$200K
0.0%
$200K+
0.9%

Employment

0.7% Unemployment Rate State: 4.7%|National: 5.2%
58.0% Labor Force Participation

Housing Overview

Owner 55.0%
Renter 45.0%
Affordability Index Moderate
4.5x home value to income ratio
Median gross rent $817/mo 23.1% of median household income annually

People & Demographics

Diversity Index

30out of 100
Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 46 | National average: 61

Education

Algood Rankings in Tennessee

#137 Population of 502
#380 Median Income of 453
#155 Education of 502
#243 Home Value of 464

Other Cities in Putnam County

CityPopulationMedian IncomePovertyHome Value
Cookeville 36,088 $51,375 23.5% $305,400
Monterey 2,768 $45,922 29.9% $165,000
Baxter 1,361 $58,750 20.5% $219,000

Cities Similar to Algood

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Livingston3,999$39,567$123,0008.6%16.2%
Unicoi3,806$42,424$244,30024.9%21.3%
Waverly4,302$43,773$171,90016.3%16.2%
Whiteville4,530$42,105$124,4002.7%28.3%
Oneida3,819$48,622$170,60015.2%28.1%

Population Overview

Algood is a small community located in Tennessee, within Putnam County. The total population is 4,036. It ranks as the 137th most populous out of 502 Census-designated places in Tennessee.

Age Demographics

The median age in Algood is 36.0 years. This is 7% lower than the state median of 38.9 years. With 31.1% of the population under 18, Algood has a notably young demographic profile, suggesting a family-oriented community. 11.8% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Algood is $42,359. This is 39% lower than the state median of $69,595. It is also 48% lower than the national median of $80,734. The poverty rate stands at 32.9%. This is 139% higher than the state poverty rate of 13.8%. With more than one in five residents living below the poverty line, economic hardship is a significant challenge for the community. The unemployment rate is 0.7%. This is 85% lower than the state rate of 4.7%. The median home value is $190,300. Housing costs are 34% lower than the state median of $286,700. The home-value-to-income ratio is 4.5x. 55.0% of occupied housing units are owner-occupied. This homeownership rate is 18% lower than the state average of 66.9%.

Race & Ethnicity

The largest racial or ethnic group in Algood is White (non-Hispanic), making up 82.7% of the population. Hispanic or Latino residents account for 13.8%. The Black or African American population (2.1%) is well below the state average of 15.4%. The Hispanic or Latino population is significantly higher than the state average (13.8% vs 7.4%). The Asian population (0.1%) is well below the state average of 1.9%.

Education

23.6% of residents aged 25 and older hold a bachelor's degree or higher. This is 24% lower than the state rate of 31.1%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 77.8%.

Data Sources & Methodology

All demographic data for Algood, Tennessee is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Tennessee state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 502 Census-designated places in Tennessee. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Algood, Tennessee?

Algood, Tennessee has a population of 4,036 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Algood, TN?

The median household income in Algood is $42,359, which is 48% lower than the national median of $80,734.

What is the poverty rate in Algood, TN?

The poverty rate in Algood is 32.9%. This means approximately 1,296 residents live below the federal poverty line.

What is the racial makeup of Algood, Tennessee?

Algood's population is 82.7% White, 2.1% Black, 13.8% Hispanic/Latino, and 0.1% Asian.

What is the median home value in Algood, TN?

The median home value in Algood is $190,300. The home-value-to-income ratio is 4.5x.

How educated is Algood, Tennessee?

23.6% of adults (25+) in Algood hold a bachelor's degree or higher, and 7.9% hold a graduate or professional degree.