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Fort Madison, Iowa Demographics & Population 2026

Very AffordableHome value to income ratio of 1.9x is exceptionally low

During the 2020–2024 ACS period, Fort Madison, Iowa had a total population of 10,133, the 42nd largest city in Iowa, with a median household income of $50,705, which is 32% lower than the state average. The poverty rate is 15.0%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Fort Madison Quick Facts

Population 10,133
Median Household Income $50,705
Median Home Value $94,200
Poverty Rate 15.0%
Unemployment Rate 7.3%
Median Age 42.1 years
Homeownership Rate 72.4%
Affordability Ratio 1.9x
Bachelor's Degree or Higher 18.5%
High School Graduation Rate 90.7%
Diversity Index 22/100
Population 10,133 42nd of 1,017
Median Income $50,705 bottom 20%
Poverty Rate 15.0% 20% higher than national
Median Home Value $94,200 bottom 30%

How Fort Madison Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population10,22110,133-0.9%
Median household income$49,359$50,705+2.7%
Median home value$95,900$94,200-1.8%

How Fort Madison Compares

Economy & Housing

Household Income Distribution

Under $25K 23.8%
$25K-$50K 25.5%
$50K-$100K 33.8%
$100K+ 17.0%
Detailed income brackets
Under $10K
5.6%
$10K-$15K
7.1%
$15K-$20K
5.2%
$20K-$25K
5.9%
$25K-$30K
6.7%
$30K-$35K
6.2%
$35K-$40K
4.5%
$40K-$45K
4.8%
$45K-$50K
3.3%
$50K-$60K
6.7%
$60K-$75K
12.0%
$75K-$100K
15.1%
$100K-$125K
6.4%
$125K-$150K
3.1%
$150K-$200K
5.1%
$200K+
2.4%

Employment

7.3% Unemployment Rate State: 3.6%|National: 5.2%
55.6% Labor Force Participation

Housing Overview

Owner 72.4%
Renter 27.6%
Affordability Index Very Affordable
1.9x home value to income ratio
Median gross rent $826/mo 19.5% of median household income annually

People & Demographics

Diversity Index

22out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 31 | National average: 61

Education

Fort Madison Rankings in Iowa

#42 Population of 1,017
#827 Median Income of 948
#459 Education of 1,016
#674 Home Value of 947

Other Cities in Lee County

CityPopulationMedian IncomePovertyHome Value
Keokuk 9,662 $52,711 18.3% $104,300
West Point 840 $73,125 10.2% $178,700
Denmark 835 $136,875 1.0% $194,400
Donnellson 776 $54,453 14.1% $147,800
Montrose 744 $66,250 11.7% $103,500
Sandusky 354 $108,977 11.6% $331,300
Franklin 148 N/A 1.4% $111,300
Mooar 144 $69,423 4.9% $77,200
Wever 142 $43,750 16.2% $311,100
Houghton 72 $106,042 1.4% $252,800

Cities Similar to Fort Madison

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Keokuk9,662$52,711$104,30017.4%18.3%
Fairfield9,456$51,311$156,00052.9%20.7%
Carroll10,208$69,706$188,70027.1%8.9%
Grinnell9,505$65,320$209,50037.5%11.1%
Spencer11,400$59,667$184,80029.8%14.0%

Population Overview

Fort Madison is a small city located in Iowa, within Lee County. The total population is 10,133. It ranks as the 42nd most populous out of 1,017 Census-designated places in Iowa.

Age Demographics

The median age in Fort Madison is 42.1 years. This is 9% higher than the state median of 38.6 years.

Economy, Income & Housing

The median household income in Fort Madison is $50,705. This is 32% lower than the state median of $75,059. It is also 37% lower than the national median of $80,734. The poverty rate stands at 15.0%. This is 35% higher than the state poverty rate of 11.1%. The unemployment rate is 7.3%. This is 105% higher than the state rate of 3.6%. The median home value is $94,200. Housing costs are 55% lower than the state median of $208,000. With a home-value-to-income ratio of just 1.9x, Fort Madison is one of the most affordable housing markets in the area. 72.4% of occupied housing units are owner-occupied. This homeownership rate is 1% higher than the state average of 71.7%.

Race & Ethnicity

Fort Madison has a predominantly White (non-Hispanic) population, comprising 87.9% of all residents. Hispanic or Latino residents account for 4.8%. The Asian population (0.5%) is well below the state average of 2.5%.

Education

18.5% of residents aged 25 and older hold a bachelor's degree or higher. This is 41% lower than the state rate of 31.4%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 90.7%.

Data Sources & Methodology

All demographic data for Fort Madison, Iowa is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Iowa state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,017 Census-designated places in Iowa. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

Free data download: Get all Iowa city and county demographics as CSV. Download Cities CSV | Download Counties CSV

Frequently Asked Questions

What is the population of Fort Madison, Iowa?

Fort Madison, Iowa has a population of 10,133 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Fort Madison, IA?

The median household income in Fort Madison is $50,705, which is 37% lower than the national median of $80,734.

What is the poverty rate in Fort Madison, IA?

The poverty rate in Fort Madison is 15.0%. This means approximately 1,400 residents live below the federal poverty line.

What is the racial makeup of Fort Madison, Iowa?

Fort Madison's population is 87.9% White, 3.5% Black, 4.8% Hispanic/Latino, and 0.5% Asian.

What is the median home value in Fort Madison, IA?

The median home value in Fort Madison is $94,200. The home-value-to-income ratio is 1.9x.

How educated is Fort Madison, Iowa?

18.5% of adults (25+) in Fort Madison hold a bachelor's degree or higher, and 3.7% hold a graduate or professional degree.