Living in Menlo, Iowa
Cost of living, income, home prices, rent and demographics of Menlo · Census data 2020–2024
Menlo has 398 residents with a median age of 43.6. The median household income is $77,396 (3% higher than the Iowa median), the median home value is $107,100.
Menlo is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Menlo at a glance
- Population
- 398
- Median age
- 43.6State: 38.6
- Median household income
- $77,396State: $75,059
- Median home value
- $107,100State: $208,000
- Homeowners
- 88.5%
- Bachelor's degree or higher
- 8.6%
- Average commute
- 21 min
Is Menlo a good place to live?
Pros: Median household income 3% higher than the Iowa median; home values 49% lower than the state median; a poverty rate of 5.3%.
Cons: An average commute of 21 minutes; unemployment of 16%.
The weather is best in May–June and August–September.
Cost of living in Menlo
Housing is the biggest part of the cost of living. In Menlo the median home value is $107,100, 68% lower than the U.S. median. Renters pay a median of — per month, which is 23.9% of household income. Homeowners with a mortgage pay $1,477 a month in housing costs.
Menlo median household income
The median household income in Menlo is $77,396 and the income per person is $33,185. 5.3% of residents live below the poverty line (Iowa: 11.1%).
Housing in Menlo: homes for sale and rent
- Housing units
- 192
- Owner-occupied
- 88.5%
- Renter-occupied
- 11.5%
- Vacant
- 18.2%Includes seasonal homes
- Median year built
- 1938
- Average household size
- 2.54
Menlo demographics
- Population
- 398
- Median age
- 43.6
- Under 18
- 18.6%
- 65 and older
- 16.1%
- Households
- 157
- Foreign-born
- 2%
- Veterans
- 7.1%Adults 18+
Hispanic or Latino can be of any race. Population history of Menlo ›
Education in Menlo
8.6% of adults 25 and older in Menlo have a bachelor's degree or higher (Iowa: 31.4%), and 0.4% have a graduate or professional degree.
Jobs and commute in Menlo
- Unemployment rate
- 16%State: 3.6%
- Average commute
- 21 minState: 20 min
- Work from home
- 11.3%
- Drive alone
- 77.8%
- Public transit
- 0%
- Walk to work
- 6.4%
- Homes with broadband
- 83.4%
Menlo vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Menlo | 398 | $77,396 | $107,100 | — |
| Stuart | 1,655 | $65,000 | $159,500 | $717 |
| Casey | 381 | $58,438 | $96,600 | $857 |
| Diamondhead Lake | 285 | $148,542 | $411,800 | — |
| Dexter | 620 | $87,250 | $163,500 | $845 |
| Linden | 150 | $107,813 | $112,500 | — |
| Redfield | 780 | $66,094 | $142,800 | $832 |
| Guthrie Center | 1,689 | $71,116 | $123,800 | $868 |
| Panora | 1,579 | $66,339 | $182,000 | $1,040 |
More for people moving to Menlo
Menlo ZIP code ›Weather and climate ›Living in Menlo: FAQ
What is the median household income in Menlo, IA?
The median household income in Menlo is $77,396, 3% higher 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 Menlo?
The median home value in Menlo is $107,100, compared with $208,000 in Iowa.
Is Menlo, IA a good place to live?
Pluses: median household income 3% higher than the Iowa median; home values 49% lower than the state median; a poverty rate of 5.3%. Minuses: an average commute of 21 minutes; unemployment of 16%.
What is the median age in Menlo?
The median age in Menlo is 43.6 years (Iowa: 38.6).
How long is the commute in Menlo?
The average commute to work in Menlo is 21 minutes; 11.3% of workers work from home.
What is the unemployment rate in Menlo?
The unemployment rate in Menlo is 16% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Menlo?
8.6% of adults in Menlo 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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