Monona, WI
Population 8,604 · Wisconsin
About Monona, WI
Monona is a small community in Wisconsin with a population of 8,604 residents. The median household income is $87,784 per year, which is above the national average. The median age in Monona is 44.7 years.
Housing in Monona has a median home value of $390,400 and median monthly rent of $1,207. Of the 4,326 total housing units, the majority are owner-occupied, with 2,237 owner-occupied and 1,938 renter-occupied units.
The unemployment rate in Monona is 3.8% and the poverty rate is 7.2%. 57.5% of residents hold a bachelor's degree or higher. The average commute time is 19 minutes.
How Monona Ranks in Wisconsin
Cost of Living in Monona, WI
Compared to national averages, Monona has a median household income of $87,784 (17% above the national median of $75,149). Home values average $390,400, which is 59% above the national median. Monthly rent at $1,207 is 4% above the US average of $1,163. Within Wisconsin, Monona's income is 21% above the state average of $72,579, and home values are 90% above the state median of $205,802.
Why Live in Monona, WI?
Monona offers a strong local economy with a median household income of $87,784, well above the national average, and a well-educated community where 57.5% of residents hold a bachelor’s degree or higher, and a low poverty rate of 7.2%, better than the national average. Additionally, the city features short commute times averaging just 19 minutes.
Potential considerations include a competitive housing market where the typical home costs $390,400. However, Monona’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Monona has a population of 8,604 with a median age of 44.7 years. Compare Monona with other cities to see how it stacks up, or explore all cities in Wisconsin.
Similar Cities Near Monona
Cities in Wisconsin with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Delavan | 8,531 | $71,121 | $194,500 | Compare |
| Waukesha | 8,479 | $126,286 | $375,700 | Compare |
| Altoona | 8,750 | $80,126 | $220,900 | Compare |
| Lake Geneva | 8,443 | $73,199 | $323,000 | Compare |
| Kronenwetter | 8,420 | $107,268 | $240,700 | Compare |
| Mukwonago | 8,411 | $96,096 | $335,900 | Compare |
| Plymouth | 8,913 | $67,784 | $194,900 | Compare |
| Rhinelander | 8,248 | $53,561 | $123,300 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Wisconsin
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, WI?
The population of Monona, WI is 8,604 according to the latest Census data.
What is the median household income in Monona?
The median household income in Monona, WI is $87,784 per year.
What is the median home value in Monona?
The median home value in Monona, WI is $390,400.
What is the average rent in Monona?
The median monthly rent in Monona, WI is $1,207.
What is the unemployment rate in Monona?
The unemployment rate in Monona, WI is 3.8%.