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Monona, Iowa Demographics & Population 2026

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

During the 2020–2024 ACS period, Monona, Iowa had a total population of 1,531, the 211th largest city in Iowa, with a median household income of $74,286, which is 1% lower than the state average. The poverty rate is 7.3%.

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

Key Takeaways

Monona Quick Facts

Population 1,531
Median Household Income $74,286
Median Home Value $140,800
Poverty Rate 7.3%
Unemployment Rate 0.9%
Median Age 42.8 years
Homeownership Rate 74.2%
Affordability Ratio 1.9x
Bachelor's Degree or Higher 12.6%
High School Graduation Rate 94.1%
Diversity Index 8/100
Population 1,531 211th of 1,017
Median Income $74,286 above average
Poverty Rate 7.3% 42% lower than national
Median Home Value $140,800 above average

How Monona 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
Population1,6181,531-5.4%
Median household income$70,509$74,286+5.4%
Median home value$125,900$140,800+11.8%

How Monona Compares

Economy & Housing

Household Income Distribution

Under $25K 11.8%
$25K-$50K 25.9%
$50K-$100K 29.3%
$100K+ 32.9%
Detailed income brackets
Under $10K
1.9%
$10K-$15K
3.6%
$15K-$20K
5.3%
$20K-$25K
1.0%
$25K-$30K
2.3%
$30K-$35K
4.4%
$35K-$40K
6.3%
$40K-$45K
5.1%
$45K-$50K
7.9%
$50K-$60K
3.4%
$60K-$75K
9.8%
$75K-$100K
16.2%
$100K-$125K
8.2%
$125K-$150K
8.5%
$150K-$200K
13.1%
$200K+
3.2%

Employment

0.9% Unemployment Rate State: 3.6%|National: 5.2%
71.4% Labor Force Participation

Housing Overview

Owner 74.2%
Renter 25.8%
Affordability Index Very Affordable
1.9x home value to income ratio
Median gross rent $1,070/mo 17.3% of median household income annually

People & Demographics

Diversity Index

8out 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

Monona Rankings in Iowa

#211 Population of 1,017
#314 Median Income of 948
#707 Education of 1,016
#380 Home Value of 947

Other Cities in Clayton County

CityPopulationMedian IncomePovertyHome Value
Postville 2,979 $49,485 23.7% $104,700
Guttenberg 1,782 $57,599 24.7% $193,900
Elkader 1,293 $62,857 9.6% $143,200
Strawberry Point 1,267 $57,778 11.3% $114,700
Garnavillo 816 $75,357 12.3% $123,100
McGregor 719 $57,361 12.4% $161,100
Marquette 443 $42,292 22.6% $164,400
Farmersburg 375 $51,667 12.8% $78,000
Luana 317 $76,750 8.2% $152,700
Volga 216 $54,063 6.9% $80,700

Cities Similar to Monona

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Manning1,533$72,831$120,50025.2%7.4%
Traer1,519$76,406$151,90032.3%11.2%
Roland1,559$79,028$185,90030.8%1.1%
Kingsley1,472$72,841$167,20026.8%10.0%
Brooklyn1,459$73,438$137,10015.7%21.6%

Population Overview

Monona is a small community located in Iowa, within Clayton County. The total population is 1,531. It ranks as the 211th most populous out of 1,017 Census-designated places in Iowa.

Age Demographics

The median age in Monona is 42.8 years. This is 11% higher than the state median of 38.6 years. 13.5% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Monona is $74,286. This is 1% lower than the state median of $75,059. It is also 8% lower than the national median of $80,734. The poverty rate stands at 7.3%. This is 34% lower than the state poverty rate of 11.1%. The unemployment rate is 0.9%. This is 74% lower than the state rate of 3.6%. The median home value is $140,800. Housing costs are 32% lower than the state median of $208,000. With a home-value-to-income ratio of just 1.9x, Monona is one of the most affordable housing markets in the area. 74.2% of occupied housing units are owner-occupied. This homeownership rate is 3% higher than the state average of 71.7%.

Race & Ethnicity

Monona has a predominantly White (non-Hispanic) population, comprising 96.1% of all residents. Asian residents account for 0.8%. The Hispanic or Latino population (0.5%) is well below the state average of 7.3%. The Asian population (0.8%) is well below the state average of 2.5%.

Education

12.6% of residents aged 25 and older hold a bachelor's degree or higher. This is 60% 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 94.1%.

Data Sources & Methodology

All demographic data for Monona, 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.

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Frequently Asked Questions

What is the population of Monona, Iowa?

Monona, Iowa has a population of 1,531 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Monona, IA?

The median household income in Monona is $74,286, which is 8% lower than the national median of $80,734.

What is the poverty rate in Monona, IA?

The poverty rate in Monona is 7.3%. This means approximately 110 residents live below the federal poverty line.

What is the racial makeup of Monona, Iowa?

Monona's population is 96.1% White, 0.0% Black, 0.5% Hispanic/Latino, and 0.8% Asian.

What is the median home value in Monona, IA?

The median home value in Monona is $140,800. The home-value-to-income ratio is 1.9x.

How educated is Monona, Iowa?

12.6% of adults (25+) in Monona hold a bachelor's degree or higher, and 2.3% hold a graduate or professional degree.