The town of Algoma is served by the Pontotoc County School District. The first weekend in October Algoma has its annual "Algoma Cross Tie Festival". This festival is open for all people with live local music, auction, car and tractor show, and selling booths. The Cross-Tie Festival was originally begun in reference to the H. B. Owen Cross-Tie Factory. It was owned by Hardiman Brackett Owen in Algoma, Pontotoc Co., MS. The factory was one of the south's largest industries. Algoma still celebrates with "The Cross-Tie Festival" each year.