Living in Fort Madison, Iowa
Cost of living, income, home prices, rent and demographics of Fort Madison · Census data 2020–2024
Fort Madison has 10,133 residents with a median age of 42.1. The median household income is $50,705 (32% lower than the Iowa median), the median home value is $94,200, the median rent is $826/month.
Fort Madison at a glance
- Population
- 10,133
- Median age
- 42.1State: 38.6
- Median household income
- $50,705State: $75,059
- Median home value
- $94,200State: $208,000
- Median rent
- $826/moState: $972
- Homeowners
- 72.4%
- Bachelor's degree or higher
- 18.5%
- Average commute
- 23 min
Is Fort Madison a good place to live?
Pros: Home values 55% lower than the state median.
Cons: Median household income 32% lower than the Iowa median; an average commute of 23 minutes; unemployment of 7.3%; a poverty rate of 15%.
The weather is best in May–June and August–September.
Cost of living in Fort Madison
Housing is the biggest part of the cost of living. In Fort Madison the median home value is $94,200, 72% lower than the U.S. median. Renters pay a median of $826 per month, which is 30.6% of household income. Homeowners with a mortgage pay $1,021 a month in housing costs.
Fort Madison median household income
The median household income in Fort Madison is $50,705 and the income per person is $29,507. 15% of residents live below the poverty line (Iowa: 11.1%).
Housing in Fort Madison: homes for sale and rent
- Housing units
- 5,030
- Owner-occupied
- 72.4%
- Renter-occupied
- 27.6%
- Vacant
- 9.6%Includes seasonal homes
- Median year built
- 1952
- Average household size
- 2.05
Fort Madison demographics
- Population
- 10,133
- Median age
- 42.1
- Under 18
- 19.7%
- 65 and older
- 21.8%
- Households
- 4,548
- Foreign-born
- 2.3%
- Veterans
- 7.5%Adults 18+
Hispanic or Latino can be of any race. Population history of Fort Madison ›
Education in Fort Madison
18.5% of adults 25 and older in Fort Madison have a bachelor's degree or higher (Iowa: 31.4%), and 3.7% have a graduate or professional degree.
Jobs and commute in Fort Madison
- Unemployment rate
- 7.3%State: 3.6%
- Average commute
- 23 minState: 20 min
- Work from home
- 6.6%
- Drive alone
- 73.3%
- Public transit
- 0.7%
- Walk to work
- 1.8%
- Homes with broadband
- 80.9%
Fort Madison vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Fort Madison | 10,133 | $50,705 | $94,200 | $826 |
| Nauvoo | 931 | $68,750 | $156,700 | $775 |
| Pontoosuc | 108 | $62,500 | $66,700 | — |
| Denmark | 835 | $136,875 | $194,400 | — |
| Montrose | 744 | $66,250 | $103,500 | $625 |
| Wever | 142 | $43,750 | $311,100 | — |
| West Point | 840 | $73,125 | $178,700 | $617 |
| Dallas City | 894 | $63,056 | $90,000 | $866 |
| Donnellson | 776 | $54,453 | $147,800 | $644 |
More for people moving to Fort Madison
Fort Madison ZIP code ›Weather and climate ›Living in Fort Madison: FAQ
What is the median household income in Fort Madison, IA?
The median household income in Fort Madison is $50,705, 32% lower than the Iowa median of $75,059 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Fort Madison?
The median home value in Fort Madison is $94,200, compared with $208,000 in Iowa.
How much is rent in Fort Madison?
The median gross rent in Fort Madison is $826 per month, about 30.6% of household income.
Is Fort Madison, IA a good place to live?
Pluses: home values 55% lower than the state median. Minuses: median household income 32% lower than the Iowa median; an average commute of 23 minutes; unemployment of 7.3%; a poverty rate of 15%.
What is the median age in Fort Madison?
The median age in Fort Madison is 42.1 years (Iowa: 38.6).
How long is the commute in Fort Madison?
The average commute to work in Fort Madison is 23 minutes; 6.6% of workers work from home.
What is the unemployment rate in Fort Madison?
The unemployment rate in Fort Madison is 7.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Fort Madison?
18.5% of adults in Fort Madison have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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