How many renters in Algood, TN pay more than 30% of their income on rent?

67.5% (±26.6 points) of renting households in Algood, TN spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).

49.0% spend 35% or more.

The median renting household spends 34.7% of its income on rent.

Figures last updated on .

Paying 30% or more
67.5% (±26.6 points)
Paying 35% or more
49.0% (±21.3 points)
Median share of income
34.7% (±13.7 points)

Rent as a share of income in Algood

Renting households by gross rent as a percentage of household income, 2020–2024
Share of income spent on rentAlgoodPutnam CountyTennesseeUnited States
Less than 15%0.0% (±7.2 points)10.6%13.7%12.6%
15% to 19.9%17.9% (±17.0 points)14.1%12.5%12.2%
20% to 24.9%4.8% (±6.0 points)14.3%13.2%12.6%
25% to 29.9%9.8% (±12.2 points)12.0%11.7%11.5%
30% to 34.9%18.5% (±16.0 points)8.0%9.1%9.2%
35% or more49.0% (±21.3 points)41.1%39.7%41.9%

Households whose income could not be measured against their rent (for example, those reporting no income) are left out of these shares, as the Census Bureau leaves them out.

Algood against Putnam County, its state and the nation

Estimate (90% margin of error)
AlgoodPutnam CountyTennesseeUnited States
Paying 30% or more67.5% (±26.6 points)49.1% (±4.9 points)48.8% (±0.6 points)51.1%
Paying 35% or more49.0% (±21.3 points)41.1% (±4.4 points)39.7% (±0.5 points)41.9%
Median share of income34.7% (±13.7 points)29.6% (±2.0 points)29.5% (±0.2 points)30.6%
Median renter household income$22,143 (±$10,930)$36,647 (±$3,003)$46,745 (±$535)$52,966
Median gross rent$817 (±$224)$908 (±$34)$1,189 (±$7)$1,413

In Algood, the share of renters paying 30% or more of income is not measurably different from Putnam County (49.1%).

It is not measurably different from Tennessee (48.8%).

It is not measurably different from the national figure (51.1%).

In Putnam County, Algood ranks 1 of 4 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.

Statewide, it ranks 35 of 403.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

Renters paying 30% or more of income in places near Algood

Nearest places with a published estimate, compared with Algood
PlaceDistanceRenters paying 30% or more of incomeCompared with this place
Algood—67.5% (±26.6 points)—
Cookeville5.2 mi51.3% (±5.8 points)Not measurably different
Dodson Branch9.3 mi0.0% (±79.1 points)Not measurably different
Monterey11 mi51.1% (±16.3 points)Not measurably different
Baxter11 mi59.1% (±25.1 points)Not measurably different
Livingston15 mi44.2% (±18.3 points)Not measurably different
Gainesboro16 mi44.9% (±21.9 points)Not measurably different
Sparta18 mi19.0% (±11.7 points)Lower
Pleasant Hill21 mi52.7% (±54.3 points)Not measurably different

Nearby places with a measurably lower figure: Sparta, TN (19.0%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Renters paying 30% or more of income across Putnam County, place by place

RankPlaceRenters paying 30% or more of income
1Algood67.5% (±26.6 points)
2Baxter59.1% (±25.1 points)
3Cookeville51.3% (±5.8 points)
4Monterey51.1% (±16.3 points)

Survey years: 2020–2024 (American Community Survey 5-year estimates).

Margins of error are at the 90% confidence level.

What you can do on Seayora in Algood

One account for renting, owning, managing and fixing homes, with these figures beside you.

Looking for a place to rent?

Browse homes for rent near Algood, save the ones you like and apply online.

Browse rentals · Create a renter account

Own or manage a rental?

List it, sign the lease and collect rent online, with the figures for Algood beside you.

Create a landlord account · See what landlords get

Do repairs, renovations or maintenance?

Get found by owners and renters near Algood, and send estimates and invoices from your phone.

Join as a pro · Find a pro

Questions about Algood

Are renters in Algood rent-burdened?

67.5% of renting households in Algood pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).

What share of income do renters in Algood spend on rent?

The median renting household in Algood, TN spends 34.7% (±13.7 points) of its household income on gross rent.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Algood city, Tennessee (place:00640, in state:47).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The API needs a free key.

Request a Census API key.

DP04_0136E, DP04_0136M, DP04_0137PE, DP04_0137PM, DP04_0138PE, DP04_0138PM, DP04_0139PE, DP04_0139PM, DP04_0140PE, DP04_0140PM, DP04_0141PE, DP04_0141PM, DP04_0142PE, DP04_0142PM, B25071_001E, B25071_001M, B25119_003E, B25119_003M

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

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

Related