Monroe County, Iowa

Income Data

+4% vs. Iowa average
$72,518
Median Household Income
$35,430
Per Capita Income

At a Glance

Median Household Income
$72,518
+4% vs. state avg
Per Capita Income
$35,430
-10% vs. national
Income-to-Housing Ratio
53.4%
income as % of home value
Rank in Iowa
#32 / 99
by median household income

How Monroe County Compares

Monroe County$72,518
Iowa Average$69,830
National Median$74,755

Detailed Income Statistics

$72,518
Median Household Income
$35,430
Per Capita Income
$135,900
Median Home Value
53.4%
Income-to-Housing Ratio

Data Story

About Household Income in Monroe County, Iowa

Monroe County slightly below national average

Monroe County's median household income of $72,518 falls $2,237 short of the national median of $74,755, a modest 3% gap. The county remains close to typical American income levels despite rural economic pressures.

Mid-level earner in Iowa's income distribution

Monroe County ranks at the state average with a median household income of $72,518, very close to Iowa's $69,830 median. The county exemplifies middle-income rural Iowa.

Monroe ranks among stronger nearby counties

Monroe County households earn $9,574 more than Monona County ($62,944) and $1,328 more than Mitchell County ($68,704). The county outperforms most surrounding rural regions.

Housing costs remain well-managed here

A 13.0% rent-to-income ratio indicates Monroe County residents spend roughly $130 monthly in rent per $1,000 of income—solidly within healthy affordability ranges. Median incomes support reasonable housing expense levels.

Build wealth on solid rural foundation

Monroe County's median income aligns with state averages and affordable housing costs create financial stability for wealth-building. Prioritize consistent retirement contributions, explore home equity opportunities, and consider long-term investment strategies suited to rural economic stability.

Frequently Asked Questions

What is the median household income in Monroe County, Iowa?
The median household income in Monroe County, Iowa is $72,518, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. This represents the midpoint of all household incomes in the county.
How much do people earn in Monroe County?
The per capita income in Monroe County is $35,430, which represents the average income per person across the entire county population. The median household income — which accounts for all earners in a household — is $72,518.
How does Monroe County compare to the Iowa average?
Monroe County's median household income of $72,518 is higher than the Iowa state average of $69,830. The per capita income is $35,430, compared to the state average of $37,136.
What is the per capita income in Monroe County, Iowa?
The per capita income in Monroe County, Iowa is $35,430, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. Per capita income is calculated by dividing total personal income by total population, providing an average income figure per resident.
Why is Monroe County income higher than the Iowa average?
Monroe County's median household income of $72,518 is higher than the Iowa average of $69,830. This difference of $2,688 can be attributed to factors such as local industry mix, proximity to major employment centers, educational attainment levels, and cost of living. Counties with higher incomes often have a greater concentration of professional and technical occupations.
How does Monroe County rank for income in Iowa?
Monroe County ranks #32 out of 99 counties in Iowa by median household income (1 = highest). With a median household income of $72,518 and per capita income of $35,430, it falls in the top third of counties statewide.

Income Comparison Calculator

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County median: $72,518 per year

vs. County Median

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vs. State Average

+4%

vs. National Median

-3%

vs. Monroe County MedianAbout equal
vs. Iowa Average4% above
vs. National Median3% below

Income Adequacy

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Your monthly income ($6,043) vs. median rent ($787/mo). A ratio of 3.3x or higher means rent is under 30% of income.

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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.