Menlo, IA
Population 355 · Iowa
About Menlo, IA
Menlo is a small community in Iowa with a population of 355 residents. The median household income is $78,333 per year, which is above the national average. The median age in Menlo is 46.1 years.
Housing in Menlo has a median home value of $107,100 and median monthly rent of $1,078. Of the 168 total housing units, the majority are owner-occupied, with 132 owner-occupied and 14 renter-occupied units.
The unemployment rate in Menlo is 12.3% and the poverty rate is 5.1%. 8.6% of residents hold a bachelor's degree or higher. The average commute time is 22.7 minutes.
Cost of Living in Menlo, IA
Compared to national averages, Menlo has a median household income of $78,333 (4% above the national median of $75,149). Home values average $107,100, which is 56% below the national median. Monthly rent at $1,078 is 7% below the US average of $1,163. Within Iowa, Menlo's income is 15% above the state average of $67,947, and home values are 19% below the state median of $132,237.
Why Live in Menlo, IA?
Menlo offers a strong local economy with a median household income of $78,333, well above the national average, and affordable housing with a median home value of $107,100, below the US average of $244,900, and rent that’s lower than the national average at $1,078/month. Additionally, the city features a low poverty rate of 5.1%, better than the national average, and short commute times averaging just 22.7 minutes.
Menlo has a population of 355 with a median age of 46.1 years. Compare Menlo with other cities to see how it stacks up, or explore all cities in Iowa.
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Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Menlo
What is the population of Menlo, IA?
The population of Menlo, IA is 355 according to the latest Census data.
What is the median household income in Menlo?
The median household income in Menlo, IA is $78,333 per year.
What is the median home value in Menlo?
The median home value in Menlo, IA is $107,100.
What is the average rent in Menlo?
The median monthly rent in Menlo, IA is $1,078.
What is the unemployment rate in Menlo?
The unemployment rate in Menlo, IA is 12.3%.