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Monona city, Wisconsin Demographics & Population 2026

As of 2026, Monona city, Wisconsin has a total population of 8,604, the 109th largest city in Wisconsin, with a median household income of $87,784, which is 16% higher than the state average. The poverty rate is 7.2%.

Key Takeaways

Monona city Quick Facts

Population 8,604
Median Household Income $87,784
Median Home Value $390,400
Poverty Rate 7.2%
Unemployment Rate 3.8%
Median Age 44.7 years
Homeownership Rate 53.6%
Affordability Ratio 4.4x
Bachelor's Degree or Higher 57.5%
High School Graduation Rate 97.3%
Diversity Index 22/100
Population 8,604 109th of 807
Median Income $87,784 top 20%
Poverty Rate 7.2% 42% lower national
Median Home Value $390,400 top 10%

How Monona city Compares

Economy & Housing

Employment

3.8% Unemployment Rate State: 3.3% | National: 5.2%
68.7% Labor Force Participation

Housing Overview

Owner 53.6%
Renter 46.4%
Affordability Index Moderate
4.4x home value to income ratio

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: 36 | National average: 60

Education

Monona city Rankings in Wisconsin

#109 Population of 807
#159 Median Income of 807
#34 Education of 807
#40 Home Value of 807

Other Cities in Dane County

CityPopulationMedian IncomePovertyHome Value
Madison city 275,568 $76,983 16.2% $346,900
Sun Prairie city 36,455 $90,521 6.1% $339,800
Fitchburg city 31,566 $85,420 7.5% $389,400
Middleton city 22,235 $85,526 7.7% $457,400
Waunakee village 14,927 $128,750 3.7% $490,300
Verona city 14,499 $119,148 1.9% $382,800
Stoughton city 13,063 $78,517 6.9% $283,900
Oregon village 11,384 $100,695 5.0% $361,200
DeForest village 10,853 $106,223 7.0% $337,500
McFarland village 9,230 $93,810 2.5% $363,400

Cities Similar to Monona city

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Altoona city8,750$80,126$220,90041.7%10.9%
Mukwonago village8,411$96,096$335,90037.8%2.5%
Somers village8,245$78,068$287,80042.3%8.7%
McFarland village9,230$93,810$363,40046.8%2.5%
Lake Geneva city8,443$73,199$323,00043.2%12.7%

Population Overview

Monona city is a small city located in Wisconsin, within Dane County. The total population is 8,604. It ranks as the 109th most populous out of 807 cities and towns in Wisconsin.

Age Demographics

The median age in Monona city is 44.7 years. This is 11% higher than the state median of 40.1 years.

Economy, Income & Housing

The median household income in Monona city is $87,784. This is 16% higher than the state median of $75,670. Compared to the national median of $78,538, household income here is 12% higher. The poverty rate stands at 7.2%. This is 32% lower than the state poverty rate of 10.6%. The unemployment rate is 3.8%. This is 14% higher than the state rate of 3.3%. The median home value is $390,400. Housing costs are 58% higher than the state median of $247,400. The home-value-to-income ratio is 4.4x. 53.6% of occupied housing units are owner-occupied. This homeownership rate is 21% lower than the state average of 67.9%.

Race & Ethnicity

Monona city has a predominantly White (non-Hispanic) population, comprising 87.9% of all residents. Asian residents account for 3.0%. The Black or African American population (2.7%) is well below the state average of 6.0%. The Hispanic or Latino population (1.6%) is well below the state average of 7.8%.

Education

57.5% of residents aged 25 and older hold a bachelor's degree or higher. This places Monona city in the top 10% of all cities in the state for educational attainment. This is 75% higher than the state rate of 32.8%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 97.3%. Notably, 21.2% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Monona city, Wisconsin 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 Wisconsin state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 807 Census-designated places in Wisconsin. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Monona city, Wisconsin?

Monona city, Wisconsin has a population of 8,604 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Monona city, WI?

The median household income in Monona city is $87,784, which is 12% higher the national median of $78,538.

What is the poverty rate in Monona city, WI?

The poverty rate in Monona city is 7.2%. This means approximately 621 residents live below the federal poverty line.

What is the racial makeup of Monona city, Wisconsin?

Monona city's population is 87.9% White, 2.7% Black, 1.6% Hispanic/Latino, and 3.0% Asian.

What is the median home value in Monona city, WI?

The median home value in Monona city is $390,400. The home-value-to-income ratio is 4.4x.

How educated is Monona city, Wisconsin?

57.5% of adults (25+) in Monona city hold a bachelor's degree or higher, and 21.2% hold a graduate or professional degree.