Monmouth, IA
Population 112 · Iowa
About Monmouth, IA
Monmouth is a small community located in Iowa with a population of 112 residents according to the latest US Census Bureau American Community Survey data. The median household income is $46,389 per year, which is 38% below the national median of $75,149. The median age of 59 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 Monmouth features a median home value of $53,100, which is 78% below the national median of $244,900. This makes Monmouth one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 52 total housing units, 83% are owner-occupied (43 units) and 17% are renter-occupied (9 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Monmouth shows an unemployment rate of 2.2%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 26.8%, above the national average of 12.4%. Workers in Monmouth have an average one-way commute time of 24.2 minutes.
Education & Demographics
5.1% of Monmouth 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 2.7% of the population being foreign-born.
Cost of Living in Monmouth, IA
Compared to national averages, Monmouth has a median household income of $46,389 (38% below the national median of $75,149). Home values average $53,100, which is 78% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Iowa, Monmouth's income is 32% below the state average of $67,947, and home values are 60% below the state median of $132,237.
Why Live in Monmouth, IA?
Monmouth offers affordable housing with a median home value of $53,100, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 2.2%. Additionally, the city features short commute times averaging just 24.2 minutes.
Potential considerations include median household income ($46,389) that falls below the national average. However, Monmouth’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Monmouth has a population of 112 with a median age of 59 years. Compare Monmouth with other cities to see how it stacks up, or explore all cities in Iowa.
Similar Cities Near Monmouth
Cities in Iowa with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| St. Marys | 112 | $78,750 | $168,800 | Compare |
| Mount Union | 111 | $48,250 | $84,500 | Compare |
| Oak Hills | 111 | $250,001 | $350,000 | Compare |
| Shannon City | 113 | $90,139 | $45,000 | Compare |
| Willey | 113 | $100,417 | $156,300 | Compare |
| Ledyard | 114 | $34,000 | $31,700 | Compare |
| North Buena Vista | 110 | $53,750 | $88,300 | Compare |
| Palmer | 114 | $60,625 | $36,500 | 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 Monmouth
What is the population of Monmouth, IA?
The population of Monmouth, IA is 112 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 Monmouth?
The median household income in Monmouth, IA is $46,389 per year, which is 38% below the national median of $75,149.
What is the median home value in Monmouth?
The median home value in Monmouth, IA is $53,100, which is 78% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Monmouth?
The median monthly rent in Monmouth, IA is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Monmouth?
The unemployment rate in Monmouth, IA is 2.2%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Monmouth, IA a good place to live?
Monmouth offers a moderate cost of living, affordable housing, and a strong job market. With a population of 112 and a median age of 59, the city appeals to established professionals and retirees.
How educated is Monmouth, IA?
5.1% of residents in Monmouth 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 Monmouth?
Key cost-of-living indicators for Monmouth, IA: median home value is $53,100 (78% below national), median rent is $0/month, and median household income is $46,389. The home-value-to-income ratio is 1.1x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Monmouth?
The poverty rate in Monmouth, IA is 26.8%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Monmouth, IA?
Monmouth'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. 2.7% of residents are foreign-born.