Macedonia, IA
Population 191 · Iowa
About Macedonia, IA
Macedonia is a small community located in Iowa with a population of 191 residents according to the latest US Census Bureau American Community Survey data. The median household income is $59,643 per year, which is 21% below the national median of $75,149. The median age of 43.3 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Macedonia features a median home value of $125,000, which is 49% below the national median of $244,900. This makes Macedonia one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $675, 42% below the national average of $1,163/month. Of the 116 total housing units, 80% are owner-occupied (72 units) and 20% are renter-occupied (18 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Macedonia shows an unemployment rate of 9.0%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 11.5%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Macedonia have an average one-way commute time of 22.5 minutes.
Education & Demographics
13.6% of Macedonia residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 2.1% White, 1.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 1.0% of the population being foreign-born.
Cost of Living in Macedonia, IA
Compared to national averages, Macedonia has a median household income of $59,643 (21% below the national median of $75,149). Home values average $125,000, which is 49% below the national median. Monthly rent at $675 is 42% below the US average of $1,163. Within Iowa, Macedonia's income is 12% below the state average of $67,947, and home values are 5% below the state median of $132,237.
Why Live in Macedonia, IA?
Macedonia offers affordable housing with a median home value of $125,000, below the US average of $244,900, and rent that’s lower than the national average at $675/month, and a low poverty rate of 11.5%, better than the national average. Additionally, the city features short commute times averaging just 22.5 minutes.
Potential considerations include median household income ($59,643) that falls below the national average. However, Macedonia’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Macedonia has a population of 191 with a median age of 43.3 years. Compare Macedonia with other cities to see how it stacks up, or explore all cities in Iowa.
Similar Cities Near Macedonia
Cities in Iowa with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Harris | 191 | $51,517 | $71,700 | Compare |
| Lidderdale | 191 | $60,000 | $119,700 | Compare |
| Dixon | 190 | $70,000 | $123,900 | Compare |
| Wever | 190 | $0 | $262,100 | Compare |
| Grand River | 189 | $35,833 | $38,400 | Compare |
| Oakland Acres | 187 | $111,250 | $248,800 | Compare |
| Bradford | 196 | $63,182 | $0 | Compare |
| New Providence | 196 | $83,250 | $80,000 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Iowa
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Macedonia
What is the population of Macedonia, IA?
The population of Macedonia, IA is 191 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Iowa.
What is the median household income in Macedonia?
The median household income in Macedonia, IA is $59,643 per year, which is 21% below the national median of $75,149.
What is the median home value in Macedonia?
The median home value in Macedonia, IA is $125,000, which is 49% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Macedonia?
The median monthly rent in Macedonia, IA is $675, which is 42% below the national average of $1,163/month.
What is the unemployment rate in Macedonia?
The unemployment rate in Macedonia, IA is 9.0%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Macedonia, IA a good place to live?
Macedonia offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 191 and a median age of 43.3, the city appeals to a broad range of residents.
How educated is Macedonia, IA?
13.6% of residents in Macedonia aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Macedonia?
Key cost-of-living indicators for Macedonia, IA: median home value is $125,000 (49% below national), median rent is $675/month, and median household income is $59,643. The home-value-to-income ratio is 2.1x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Macedonia?
The poverty rate in Macedonia, IA is 11.5%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Macedonia, IA?
Macedonia's population is 2.1% White, 1.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 1.0% of residents are foreign-born.