Cost of Living in Mason City, IA
Population: 27,135 • 2026 Data
$62,369
Median Household Income
-19% vs national
$874
Median Monthly Rent
-35% vs national
$130,000
Median Home Value
-62% vs national
3.0%
Unemployment Rate
Housing in Mason City
The median home value in Mason City, IA is $130,000. Monthly rent for a typical unit averages $874, while total monthly housing costs (including utilities and insurance) average $868.
Rent-to-income ratio: 16.8%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Mason City, IA is $62,369. The unemployment rate stands at 3.0%, with a labor force of 14,698 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.