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ZipNumbers

Iowa · Census place 51105

Menlo city, IA

Quick answer

Menlo city has 355 residents, ranking #563 of 1026 places in Iowa. Median household income is $78,333, the median home is worth $107,100 and median gross rent runs $1,078 a month.

Population
355Menlo city residents
Median household income
$78,333Past 12 months, inflation adjusted
Median home value
$107,100Owner-occupied units
Median gross rent
$1,078Rent plus utilities, monthly
Median age
46.1 yrsAll residents
Homeownership rate
90.4%Owner-occupied households

What the numbers mean in Menlo city

Housing cost measured against local earnings.

A household earning the Menlo city median would spend about 16.5% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 1.4× the median household income; nationally that ratio sits near 4.5×. Poverty affects 5.1% of residents and 90.4% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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