Fort Madison
Fort Madison city, Iowa
Fort Madison, Iowa, offers a refreshing alternative to the soaring costs of living in many parts of the country. This charming Mississippi River town, home to just over 10,000 residents, boasts a remarkably affordable housing market. Forget the national median home value of around $350,000 – here, you're looking at a median home value of just $94,200. Imagine the possibilities! The pace of life is relaxed, with a strong sense of community and a friendly atmosphere that welcomes newcomers.
From an investment standpoint, Fort Madison presents a compelling case. While the median household income of $48,944 is below the national average, the low cost of living significantly offsets this. The local economy is stable, and the town is known for its safety. This makes it an attractive option for first-time homebuyers, retirees seeking a budget-friendly lifestyle, or investors looking for properties with high rental yields. If you value affordability, a close-knit community, and a slower pace of life, Fort Madison might just be the perfect place to call home.
Fort Madison, Iowa at a Glance
Fort Madison is a city in Fort Madison city, Iowa with a population of approximately 10,293. The median home value is $94,200 and the median household income is $48,944. It has a Walk Score of 0 out of 100, indicating car dependency. The violent crime rate is 1.1 per 1,000 residents, which is 69% below the national average. Air quality is rated Good. The overall climate risk is rated as "Relatively High." Median rent is $824 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.
Median Home Value
$94,200
Median Income
$48,944
Population
10,293
Walk Score
0
Air Quality
AQI 39
Good
Climate Risk
Relatively High
Good
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- Population
- 10,293
- Median Age
- N/A
- Median Household Income
- $48,944
34% below nat'l avg
- Bachelor's Degree+
- N/A
- Poverty Rate
- 14.5%
17% above nat'l avg
- Median Home Value
- $94,200
67% below nat'l avg
- Median Rent
- $824
29% below nat'l avg
- Homeownership Rate
- 79.0%
20% above nat'l avg
- Affordability Index
- 212
112% above nat'l avg
- Violent Crime Rate
- 1.1 per 1K
69% below nat'l avg
- Property Crime Rate
- 9.3 per 1K
51% below nat'l avg
- AQI
- 39
7% below nat'l avg
- Category
- Good
- Overall Risk
- Relatively High
- Risk Score
- 89.69
Top Hazards
- Overall
- Quiet
- Road Traffic
- N/A
- Aviation
- N/A
- Rail
- N/A
- Electricity Rate
- 14.0¢/kWh
16% below nat'l avg
- Est. Monthly Electric
- $126
8% below nat'l avg
- Unemployment Rate
- 5.6%
51% above nat'l avg
- Poverty Rate
- 14.5%
17% above nat'l avg
Weather & Climate in Fort Madison
Avg High
60°F
Avg Low
42°F
Annual Rainfall
34.1"
Avg Humidity
68%
Political Landscape
↗ Trending more Republican
Based on Marshall County county-level presidential election data
Culture & Things to Do in Fort Madison
Tri-State Rodeo
Annual rodeo and festival held in September.
Fort Madison Farmers Market
Weekly market offering local produce and goods.
Christmas on the River
Holiday celebration with lights, activities, and events.
Steamboat Days
A weekend festival celebrating the history of the Mississippi River.
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