Living in Mount Vernon, Iowa
Cost of living, income, home prices, rent and demographics of Mount Vernon · Census data 2020–2024
Mount Vernon has 4,513 residents with a median age of 25.3. The median household income is $112,656 (50% higher than the Iowa median), the median home value is $245,200, the median rent is $780/month.
Mount Vernon at a glance
- Population
- 4,513
- Median age
- 25.3State: 38.6
- Median household income
- $112,656State: $75,059
- Median home value
- $245,200State: $208,000
- Median rent
- $780/moState: $972
- Homeowners
- 86.3%
- Bachelor's degree or higher
- 45.1%
- Average commute
- 21 min
Is Mount Vernon a good place to live?
Pros: Median household income 50% higher than the Iowa median; a poverty rate of 8.2%.
Cons: Home values 18% higher than the state median; an average commute of 21 minutes; unemployment of 4.2%.
The weather is best in June to September.
Cost of living in Mount Vernon
Housing is the biggest part of the cost of living. In Mount Vernon the median home value is $245,200, 26% lower than the U.S. median. Renters pay a median of $780 per month, which is 22.1% of household income. Homeowners with a mortgage pay $1,977 a month in housing costs.
Mount Vernon median household income
The median household income in Mount Vernon is $112,656 and the income per person is $32,529. 8.2% of residents live below the poverty line (Iowa: 11.1%).
Housing in Mount Vernon: homes for sale and rent
- Housing units
- 1,352
- Owner-occupied
- 86.3%
- Renter-occupied
- 13.7%
- Vacant
- 6.8%Includes seasonal homes
- Median year built
- 1972
- Average household size
- 2.77
Mount Vernon demographics
- Population
- 4,513
- Median age
- 25.3
- Under 18
- 24.9%
- 65 and older
- 11%
- Households
- 1,260
- Foreign-born
- 3.1%
- Veterans
- 6%Adults 18+
Hispanic or Latino can be of any race. Population history of Mount Vernon ›
Education in Mount Vernon
45.1% of adults 25 and older in Mount Vernon have a bachelor's degree or higher (Iowa: 31.4%), and 18.6% have a graduate or professional degree.
Jobs and commute in Mount Vernon
- Unemployment rate
- 4.2%State: 3.6%
- Average commute
- 21 minState: 20 min
- Work from home
- 20%
- Drive alone
- 66.7%
- Public transit
- 0%
- Walk to work
- 9.3%
- Homes with broadband
- 90.2%
Mount Vernon vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Mount Vernon | 4,513 | $112,656 | $245,200 | $780 |
| Lisbon | 1,714 | $93,906 | $219,700 | $798 |
| Bertram | 239 | $86,786 | $296,700 | — |
| Martelle | 457 | $93,333 | $134,400 | $825 |
| Springville | 1,172 | $92,656 | $182,400 | $1,125 |
| Ely | 2,186 | $105,882 | $311,900 | $936 |
| Mechanicsville | 964 | $70,000 | $161,400 | — |
| Solon | 3,152 | $113,295 | $309,400 | $1,127 |
| Marion | 41,896 | $86,743 | $241,700 | $961 |
More for people moving to Mount Vernon
Mount Vernon ZIP code ›Weather and climate ›Living in Mount Vernon: FAQ
What is the median household income in Mount Vernon, IA?
The median household income in Mount Vernon is $112,656, 50% 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 Mount Vernon?
The median home value in Mount Vernon is $245,200, compared with $208,000 in Iowa.
How much is rent in Mount Vernon?
The median gross rent in Mount Vernon is $780 per month, about 22.1% of household income.
Is Mount Vernon, IA a good place to live?
Pluses: median household income 50% higher than the Iowa median; a poverty rate of 8.2%. Minuses: home values 18% higher than the state median; an average commute of 21 minutes; unemployment of 4.2%.
What is the median age in Mount Vernon?
The median age in Mount Vernon is 25.3 years (Iowa: 38.6).
How long is the commute in Mount Vernon?
The average commute to work in Mount Vernon is 21 minutes; 20% of workers work from home.
What is the unemployment rate in Mount Vernon?
The unemployment rate in Mount Vernon is 4.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Mount Vernon?
45.1% of adults in Mount Vernon 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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