Living in Monona, Iowa
Cost of living, income, home prices, rent and demographics of Monona · Census data 2020–2024
Monona has 1,531 residents with a median age of 42.8. The median household income is $74,286 (about the same as the Iowa median), the median home value is $140,800, the median rent is $1,070/month.
Monona at a glance
- Population
- 1,531
- Median age
- 42.8State: 38.6
- Median household income
- $74,286State: $75,059
- Median home value
- $140,800State: $208,000
- Median rent
- $1,070/moState: $972
- Homeowners
- 74.2%
- Bachelor's degree or higher
- 12.6%
- Average commute
- 28 min
Is Monona a good place to live?
Pros: Home values 32% lower than the state median; unemployment of 0.9%; a poverty rate of 7.3%.
Cons: Median household income about the same as the Iowa median; an average commute of 28 minutes.
The weather is best in June to September.
Cost of living in Monona
Housing is the biggest part of the cost of living. In Monona the median home value is $140,800, 58% lower than the U.S. median. Renters pay a median of $1,070 per month, which is 32.8% of household income. Homeowners with a mortgage pay $1,141 a month in housing costs.
Monona median household income
The median household income in Monona is $74,286 and the income per person is $37,899. 7.3% of residents live below the poverty line (Iowa: 11.1%).
Housing in Monona: homes for sale and rent
- Housing units
- 751
- Owner-occupied
- 74.2%
- Renter-occupied
- 25.8%
- Vacant
- 8.7%Includes seasonal homes
- Median year built
- 1938
- Average household size
- 2.23
Monona demographics
- Population
- 1,531
- Median age
- 42.8
- Under 18
- 24.4%
- 65 and older
- 24.7%
- Households
- 686
- Foreign-born
- 1.3%
- Veterans
- 6.9%Adults 18+
Hispanic or Latino can be of any race. Population history of Monona ›
Education in Monona
12.6% of adults 25 and older in Monona have a bachelor's degree or higher (Iowa: 31.4%), and 2.3% have a graduate or professional degree.
Jobs and commute in Monona
- Unemployment rate
- 0.9%State: 3.6%
- Average commute
- 28 minState: 20 min
- Work from home
- 8.7%
- Drive alone
- 78.6%
- Public transit
- 0%
- Walk to work
- 7.4%
- Homes with broadband
- 81.2%
Monona vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Monona | 1,531 | $74,286 | $140,800 | $1,070 |
| Luana | 317 | $76,750 | $152,700 | $800 |
| Farmersburg | 375 | $51,667 | $78,000 | $716 |
| Postville | 2,979 | $49,485 | $104,700 | $861 |
| Marquette | 443 | $42,292 | $164,400 | $717 |
| McGregor | 719 | $57,361 | $161,100 | $615 |
| Waterville | 137 | $44,750 | $99,000 | — |
| Prairie du Chien | 5,491 | $54,268 | $161,300 | $795 |
| Elkader | 1,293 | $62,857 | $143,200 | $859 |
More for people moving to Monona
Monona ZIP code ›Weather and climate ›Living in Monona: FAQ
What is the median household income in Monona, IA?
The median household income in Monona is $74,286, about the same as 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 Monona?
The median home value in Monona is $140,800, compared with $208,000 in Iowa.
How much is rent in Monona?
The median gross rent in Monona is $1,070 per month, about 32.8% of household income.
Is Monona, IA a good place to live?
Pluses: home values 32% lower than the state median; unemployment of 0.9%; a poverty rate of 7.3%. Minuses: median household income about the same as the Iowa median; an average commute of 28 minutes.
What is the median age in Monona?
The median age in Monona is 42.8 years (Iowa: 38.6).
How long is the commute in Monona?
The average commute to work in Monona is 28 minutes; 8.7% of workers work from home.
What is the unemployment rate in Monona?
The unemployment rate in Monona is 0.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Monona?
12.6% of adults in Monona 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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