Monona, IA
Population 1,618 · Iowa
About Monona, IA
Monona is a small community in Iowa with a population of 1,618 residents. The median household income is $70,509 per year, which is above the national average. The median age in Monona is 41.3 years.
Housing in Monona has a median home value of $125,900 and median monthly rent of $1,000. Of the 792 total housing units, the majority are owner-occupied, with 515 owner-occupied and 206 renter-occupied units.
The unemployment rate in Monona is 2.8% and the poverty rate is 8.5%. 14.9% of residents hold a bachelor's degree or higher. The average commute time is 25.8 minutes.
Cost of Living in Monona, IA
Compared to national averages, Monona has a median household income of $70,509 (6% below the national median of $75,149). Home values average $125,900, which is 49% below the national median. Monthly rent at $1,000 is 14% below the US average of $1,163. Within Iowa, Monona's income is 4% above the state average of $67,947, and home values are 5% below the state median of $132,237.
Why Live in Monona, IA?
Monona offers affordable housing with a median home value of $125,900, below the US average of $244,900, and rent that’s lower than the national average at $1,000/month, and a strong job market with an unemployment rate of just 2.8%. Additionally, the city features a low poverty rate of 8.5%, better than the national average.
Potential considerations include median household income ($70,509) that falls below the national average. However, Monona’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Monona has a population of 1,618 with a median age of 41.3 years. Compare Monona with other cities to see how it stacks up, or explore all cities in Iowa.
Similar Cities Near Monona
Cities in Iowa with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Urbana | 1,628 | $112,672 | $224,100 | Compare |
| Guthrie Center | 1,603 | $67,679 | $117,100 | Compare |
| Nashua | 1,634 | $63,750 | $117,300 | Compare |
| Shell Rock | 1,634 | $70,556 | $159,100 | Compare |
| Stuart | 1,642 | $62,500 | $152,300 | Compare |
| Hartley | 1,588 | $51,118 | $108,400 | Compare |
| Prairie City | 1,649 | $78,269 | $177,400 | Compare |
| Lake City | 1,652 | $64,375 | $103,300 | 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 Monona
What is the population of Monona, IA?
The population of Monona, IA is 1,618 according to the latest Census data.
What is the median household income in Monona?
The median household income in Monona, IA is $70,509 per year.
What is the median home value in Monona?
The median home value in Monona, IA is $125,900.
What is the average rent in Monona?
The median monthly rent in Monona, IA is $1,000.
What is the unemployment rate in Monona?
The unemployment rate in Monona, IA is 2.8%.