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Monroe city, Iowa Demographics & Population 2026

Very AffordableHome value to income ratio of 2.1x is exceptionally low

As of 2026, Monroe city, Iowa has a total population of 2,074, the 162nd largest city in Iowa, with a median household income of $81,488, which is 11% higher than the state average. The poverty rate is 4.3%.

Key Takeaways

Monroe city Quick Facts

Population 2,074
Median Household Income $81,488
Median Home Value $173,500
Poverty Rate 4.3%
Unemployment Rate 1.9%
Median Age 35.5 years
Homeownership Rate 75.7%
Affordability Ratio 2.1x
Bachelor's Degree or Higher 19.4%
High School Graduation Rate 98.5%
Diversity Index 7/100
Population 2,074 162nd of 1,018
Median Income $81,488 top 20%
Poverty Rate 4.3% 65% lower national
Median Home Value $173,500 top 20%

How Monroe city Compares

Economy & Housing

Employment

1.9% Unemployment Rate State: 3.6% | National: 5.2%
76.5% Labor Force Participation

Housing Overview

Owner 75.7%
Renter 24.3%
Affordability Index Very Affordable
2.1x home value to income ratio

People & Demographics

Diversity Index

7out of 100
Very Low Diversity

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

State average: 30 | National average: 60

Education

Monroe city Rankings in Iowa

#162 Population of 1,018
#187 Median Income of 1,018
#412 Education of 1,018
#187 Home Value of 1,018

Cities Similar to Monroe city

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Colfax city2,089$82,878$160,50020.8%10.6%
Dallas Center city2,058$88,750$231,10027.2%6.0%
Columbus Junction city2,129$76,518$114,20017.1%9.5%
Lake Mills city2,054$70,333$127,10017.3%15.9%
Epworth city1,991$73,571$229,20028.4%3.9%

Population Overview

Monroe city is a small community located in Iowa. The total population is 2,074. It ranks as the 162nd most populous out of 1,018 cities and towns in Iowa.

Age Demographics

The median age in Monroe city is 35.5 years. This is 8% lower than the state median of 38.6 years.

Economy, Income & Housing

The median household income in Monroe city is $81,488. This is 11% higher than the state median of $73,147. Compared to the national median of $78,538, household income here is 4% higher. The poverty rate stands at 4.3%. This is 61% lower than the state poverty rate of 11.0%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 1.9%. This is 49% lower than the state rate of 3.6%. The median home value is $173,500. Housing costs are 11% lower than the state median of $195,900. With a home-value-to-income ratio of just 2.1x, Monroe city is one of the most affordable housing markets in the area. 75.7% of occupied housing units are owner-occupied. This homeownership rate is 6% higher than the state average of 71.5%.

Race & Ethnicity

Monroe city has a predominantly White (non-Hispanic) population, comprising 96.4% of all residents. Asian residents account for 1.5%. The Black or African American population (0.1%) is well below the state average of 3.8%. The Hispanic or Latino population (0.8%) is well below the state average of 7.0%.

Education

19.4% of residents aged 25 and older hold a bachelor's degree or higher. This is 37% lower than the state rate of 30.9%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 98.5%.

Data Sources & Methodology

All demographic data for Monroe city, Iowa is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Iowa state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,018 Census-designated places in Iowa. For official data, visit data.census.gov.

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 Monroe city, Iowa?

Monroe city, Iowa has a population of 2,074 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Monroe city, IA?

The median household income in Monroe city is $81,488, which is 4% higher the national median of $78,538.

What is the poverty rate in Monroe city, IA?

The poverty rate in Monroe city is 4.3%. This means approximately 89 residents live below the federal poverty line.

What is the racial makeup of Monroe city, Iowa?

Monroe city's population is 96.4% White, 0.1% Black, 0.8% Hispanic/Latino, and 1.5% Asian.

What is the median home value in Monroe city, IA?

The median home value in Monroe city is $173,500. The home-value-to-income ratio is 2.1x.

How educated is Monroe city, Iowa?

19.4% of adults (25+) in Monroe city hold a bachelor's degree or higher, and 4.0% hold a graduate or professional degree.