Masonville, IA
Population 72 · Iowa
About Masonville, IA
Masonville is a small community located in Iowa with a population of 72 residents according to the latest US Census Bureau American Community Survey data. The median household income is $46,250 per year, which is 38% below the national median of $75,149. The median age of 55.5 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 Masonville features a median home value of $63,800, which is 74% below the national median of $244,900. This makes Masonville one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $688, 41% below the national average of $1,163/month. Of the 51 total housing units, 84% are owner-occupied (36 units) and 16% are renter-occupied (7 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Masonville shows an unemployment rate of 4.7%, which is near the national rate of 3.7%. The poverty rate stands at 6.9%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Masonville have an average one-way commute time of 21 minutes.
Education & Demographics
3.3% of Masonville 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 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Masonville, IA
Compared to national averages, Masonville has a median household income of $46,250 (38% below the national median of $75,149). Home values average $63,800, which is 74% below the national median. Monthly rent at $688 is 41% below the US average of $1,163. Within Iowa, Masonville's income is 32% below the state average of $67,947, and home values are 52% below the state median of $132,237.
Why Live in Masonville, IA?
Masonville offers affordable housing with a median home value of $63,800, below the US average of $244,900, and rent that’s lower than the national average at $688/month, and a low poverty rate of 6.9%, better than the national average. Additionally, the city features short commute times averaging just 21 minutes.
Potential considerations include median household income ($46,250) that falls below the national average. However, Masonville’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Masonville has a population of 72 with a median age of 55.5 years. Compare Masonville with other cities to see how it stacks up, or explore all cities in Iowa.
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Cities in Iowa with a similar population size.
Demographics
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Economy & Education
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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 Masonville
What is the population of Masonville, IA?
The population of Masonville, IA is 72 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 Masonville?
The median household income in Masonville, IA is $46,250 per year, which is 38% below the national median of $75,149.
What is the median home value in Masonville?
The median home value in Masonville, IA is $63,800, which is 74% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Masonville?
The median monthly rent in Masonville, IA is $688, which is 41% below the national average of $1,163/month.
What is the unemployment rate in Masonville?
The unemployment rate in Masonville, IA is 4.7%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Masonville, IA a good place to live?
Masonville offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 72 and a median age of 55.5, the city appeals to established professionals and retirees.
How educated is Masonville, IA?
3.3% of residents in Masonville 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 Masonville?
Key cost-of-living indicators for Masonville, IA: median home value is $63,800 (74% below national), median rent is $688/month, and median household income is $46,250. The home-value-to-income ratio is 1.4x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Masonville?
The poverty rate in Masonville, IA is 6.9%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Masonville, IA?
Masonville's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.