Monona County, Iowa Income Statistics
Monona County Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of a county's residents based on income levels, employment rates, and income inequality metrics.
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C
Monona County Below averageLess wealthy than 71% of counties in Iowa
Source: Map AI Methodology
Income Statistics Overview
| Metric | Monona County | Iowa Avg | US Average |
|---|---|---|---|
| Median Household Income | $67,300 | $75,133 | $80,455 |
| Median Personal Income | $51,958 | $57,332 | $60,758 |
| Average Yearly Income Growth | 6.2% | 4.0% | 4.8% |
| Six-Figure Earners | 6.8% | 10.5% | 13.9% |
| $200k+ Households | 5.2% | 8.6% | 13.2% |
The median household income in Monona County is about 10% lower than in Iowa. Income has been growing faster in Monona County (6.2%/yr) than in Iowa (4.0%/yr).
About 7% of adults in Monona County earn six figures ($100,000 or more) a year, lower than the Iowa average of 11%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Monona County, Iowa grew by 73.1% from 2009 to 2024, reaching $67,300 in 2024. That's an average of about 6.2% per year.
Income Inequality and the Gender Pay Gap in Monona County
| Metric | Monona County | Iowa Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.476 | 0.510 | 0.552 |
| Male Median Income | $65,295 | $66,524 | $69,667 |
| Female Median Income | $45,316 | $52,524 | $56,850 |
| Gender Pay Gap | 30.6% | 21.0% | 18.4% |
The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In Monona County, it is 0.476, lower than Iowa's 0.510, so income is more evenly distributed here than there, and lower than the US's 0.552, so income is more evenly distributed here than there.
Men's income is about 44% more than women's income in Monona County, Iowa. Over a 35-year career, a 44% wage gap accumulates to roughly $699,265 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Monona County, Iowa has widened from about 29% to 31% in 2024. Over that period the gap was widest at 31% in 2017, and was narrowest at 25% in 2022. In dollar terms, the gap has widened by $8,535 since 2009.
Sharply against the trend: the pay gap in Monona County widened by 1.7 points while Iowa's narrowed by 3.3 points.
Employment
| Metric | Monona County | Iowa Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 1.6% | 3.6% | 5.2% |
| Working from Home | 7.7% | 11.3% | 15.0% |
| Commute time (minutes) | 16 | 16 | 22 |
Approximately 68 people are unemployed in Monona County, Iowa.
The average commute time in Monona County is 16 minutes, about the same as in Iowa.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Monona County, Iowa has fallen from 5.5% to 1.6% in 2024. Over that period the rate peaked at 6.4% in 2013.
Monona County, IA Wealth Compared With Nearby Counties
Monona County, IA is the 4th largest of the 6 counties compared here, 8,557 residents against a local median of 14,632. Monona County, IA's income growth, at 6.2%/yr, runs 49% above the 4.1%/yr typical of the counties around it. That is the better end of the local range on this measure.
Unemployment tells the same story from another angle: 1.6% against a local median of 2.4%, 32% below it. Every measure here with a clear better direction points the same way, so Monona County, IA is not trading one advantage for another, it reads stronger than its neighbours across the board. The counties themselves spread 2.0%/yr on income growth, so Monona County, IA sits at one end of an already wide local range rather than apart from it. Monona County, IA has the highest income growth of the 6 areas compared here.
| Area | Population | Median household income | Income growthAverage yearly change in median household income since 2016. Each year is measured in its own dollars, so this is growth before inflation. | Unemployment | Income inequalityGini coefficient: 0 would mean every household earns the same, 1 that a single household earns everything. The lower the number, the more equally income is shared here. |
|---|---|---|---|---|---|
| Monona County, IA | 8,557 | $67,300 #4/6 | 6.2%/yr #1/6 | 1.6% #2/6 | 0.476 #1/6 |
| Woodbury County, IA | 106,250 | $73,309 | 5.2%/yr | 4.1% | 0.515 |
| Harrison County, IA | 14,632 | $79,770 | 4.8%/yr | 2.3% | 0.489 |
| Burt County, NE | 6,740 | $62,449 | 3.5%/yr | 1.1% | 0.509 |
| Ida County, IA | 6,911 | $63,475 | 3.1%/yr | 2.4% | 0.477 |
| Crawford County, IA | 16,277 | $68,326 | 4.1%/yr | 3.8% | 0.503 |
Conclusion
Considering all these factors, Monona County, Iowa has an overall wealth index grade of C, making it about on par with Iowa, and about on par with the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Monona County, Iowa.
How Rich Is Monona County, Iowa?
Monona County has a wealth index grade of C. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a C grade means residents are close to the U.S. average. The median household income is $67,300, about 10% lower than the Iowa average of $75,133.
How fast is household income rising in Monona County, Iowa?
Between 2009 and 2024, the median household income in Monona County, Iowa rose 73%, from $38,872 to $67,300. Over the same years, income here outpaced Iowa as a whole: +73% against +56%.
What was the median household income in Monona County in 2023?
In 2023, the median household income in Monona County, Iowa was $62,969, up 5% from $59,885 in 2022. The Iowa median that year was $73,347.
What was the median household income in Monona County in 2020?
In 2020, the median household income in Monona County, Iowa was $52,962. By 2024 it had risen 27% to $67,300.
How strong is the job market in Monona County, Iowa?
Unemployment in Monona County, Iowa is only 1.6%, well below the Iowa rate of 3.6%, a sign of a tight labor market where employers compete for workers.
What is the Gini coefficient in Monona County, Iowa?
The Gini coefficient in Monona County is 0.476. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is lower than the US average of 0.552, so income is distributed more equally than in the country overall.
How has the income gap between men and women changed in Monona County, Iowa?
Since 2009, the income gap between men and women in Monona County, Iowa has widened from about 29% to 31% in 2024. Over that period the gap was widest at 31% in 2017, and was narrowest at 25% in 2022. In dollar terms, the gap has widened by $8,535 since 2009.
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