Living in Monmouth, Iowa
Cost of living, income, home prices, rent and demographics of Monmouth · Census data 2020–2024
Monmouth has 121 residents with a median age of 56.5. The median household income is $51,875 (31% lower than the Iowa median), the median home value is $66,700.
Monmouth is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Monmouth at a glance
- Population
- 121
- Median age
- 56.5State: 38.6
- Median household income
- $51,875State: $75,059
- Median home value
- $66,700State: $208,000
- Homeowners
- 91.2%
- Bachelor's degree or higher
- 6.8%
- Average commute
- 29 min
Is Monmouth a good place to live?
Pros: Home values 68% lower than the state median; unemployment of 1.5%.
Cons: Median household income 31% lower than the Iowa median; an average commute of 29 minutes; a poverty rate of 18.2%.
The weather is best in June to September.
Cost of living in Monmouth
Housing is the biggest part of the cost of living. In Monmouth the median home value is $66,700, 80% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $863 a month in housing costs.
Monmouth median household income
The median household income in Monmouth is $51,875 and the income per person is $41,462. 18.2% of residents live below the poverty line (Iowa: 11.1%).
Housing in Monmouth: homes for sale and rent
- Housing units
- 57
- Owner-occupied
- 91.2%
- Renter-occupied
- 8.8%
- Vacant
- 0%Includes seasonal homes
- Median year built
- 1938
- Average household size
- 2.12
Monmouth demographics
- Population
- 121
- Median age
- 56.5
- Under 18
- 9.1%
- 65 and older
- 28.9%
- Households
- 57
- Foreign-born
- 0%
- Veterans
- 10.9%Adults 18+
Hispanic or Latino can be of any race. Population history of Monmouth ›
Education in Monmouth
6.8% of adults 25 and older in Monmouth have a bachelor's degree or higher (Iowa: 31.4%), and 4.9% have a graduate or professional degree.
Jobs and commute in Monmouth
- Unemployment rate
- 1.5%State: 3.6%
- Average commute
- 29 minState: 20 min
- Work from home
- 3.1%
- Drive alone
- 82.8%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 75.4%
Monmouth vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Monmouth | 121 | $51,875 | $66,700 | — |
| Baldwin | 153 | $58,875 | $57,500 | — |
| Wyoming | 525 | $73,000 | $105,700 | $930 |
| Onslow | 284 | $65,313 | $100,000 | $1,250 |
| Oxford Junction | 461 | $37,969 | $72,500 | $768 |
| Lost Nation | 390 | $57,000 | $77,300 | $492 |
| Center Junction | 126 | $26,528 | $58,900 | — |
| Maquoketa | 6,075 | $60,240 | $132,500 | $795 |
| Olin | 830 | $51,932 | $108,500 | $788 |
More for people moving to Monmouth
Monmouth ZIP code ›Weather and climate ›Living in Monmouth: FAQ
What is the median household income in Monmouth, IA?
The median household income in Monmouth is $51,875, 31% 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 Monmouth?
The median home value in Monmouth is $66,700, compared with $208,000 in Iowa.
Is Monmouth, IA a good place to live?
Pluses: home values 68% lower than the state median; unemployment of 1.5%. Minuses: median household income 31% lower than the Iowa median; an average commute of 29 minutes; a poverty rate of 18.2%.
What is the median age in Monmouth?
The median age in Monmouth is 56.5 years (Iowa: 38.6).
How long is the commute in Monmouth?
The average commute to work in Monmouth is 29 minutes; 3.1% of workers work from home.
What is the unemployment rate in Monmouth?
The unemployment rate in Monmouth is 1.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Monmouth?
6.8% of adults in Monmouth 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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