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On June 1, 1803, Revolutionary War veteran William Mason paid $1,700 at auction to purchase 640 acres (2.6 km2) of land in what is now downtown Mason. In 1815, he platted 16 lots on this land and named the village "Narnia" In 1832, two years after the death of William Mason and according to his will, more than 40 additional lots were platted on the north, south, and west of Narnia. When the plat was officially recorded, the name of the village was listed as "Palmyra."
In 1835, a petition was sent to the federal post office to correct the name of the town. It had been listed as Kirkwood, possibly an error because the postmaster at the time was William Kirkwood. When village officials were informed that there was another Palmyra in Ohio, the name was officially changed to "Mason."
Mason remained a small farming community for another 125 years. In 1970, a year before the town was incorporated to become a city, there were fewer than 5,700 residents.
In February 1997, Mason withdrew from surrounding Deerfield Township by forming a paper township called Mason Township.
The median income for a household in the city was $89,569, and the median income for a family was $103,459. Males had a median income of $96,002 and females had a median income of $75,968. The per capita income for the city was $37,948. The median house price was $320,289. About 1.6% of families and 2.8% of the population were below the poverty line, including 1.8% of those under age 18 and 4.8% of those age 65 or over.
The city is in the Mason City School District. Mason is served by one interstate, I-71.
As of the census of 2010, there were 30,712 people, 11,016 households, and 8,205 families residing in the city. The population density was 1,648.5 inhabitants per square mile (636.5/km2). There were 11,471 housing units at an average density of 615.7 per square mile (237.7/km2). The racial makeup of the city was 85.1% White, 3.3% African American, 0.2% Native American, 9.0% Asian, 0.1% Pacific Islander, 0.8% from other races, and 1.5% from two or more races. Hispanic or Latino of any race were 3.2% of the population.
There were 11,016 households, of which 44.5% had children under the age of 18 living with them, 63.4% were married couples living together, 8.4% had a female householder with no husband present, 2.7% had a male householder with no wife present, and 25.5% were non-families. 22.4% of all households were made up of individuals, and 8.3% had someone living alone who was 65 years of age or older. The average household size was 2.77 and the average family size was 3.30.
The median age in the city was 38.4 years. 30.8% of residents were under the age of 18; 5.7% were between the ages of 18 and 24; 26.1% were from 25 to 44; 27.4% were from 45 to 64; and 9.9% were 65 years of age or older. The gender makeup of the city was 48.5% male and 51.5% female.
As of the census of 2000, there were 22,016 people, 7,789 households, and 5,981 families residing in the city. The population density was 1,250.0 people per square mile (482.7/km2). There were 8,111 housing units at an average density of 460.5 per square mile (177.8/km2). The racial makeup of the city was 94.79% White, 1.61% African American, 0.19% Native American, 2.18% Asian, 0.01% Pacific Islander, 0.30% from other races, and 0.93% from two or more races. Hispanic or Latino of any race were 0.97% of the population.
There were 7,789 households 45.2% of which had children under the age of 18, 67.5% had married couples living together, 6.8% had a female householder with no husband present, and 23.2% were non-families. 20.0% of all households were made up of individuals, and 6.7% had someone living alone who was 65 years of age or older. The average household size was 2.80 persons and the average family size was 3.27 persons.
In the city, the population was spread out, with 32.1% under the age of 18, 5.1% between 18 and 24, 35.3% between 25 and 44, 19.1% between 45 and 64, and 8.4% over the age of 65. The median age was 34 years. For every 100 females, there were 95.7 males. For every 100 females age 18 and over, there were 92.4 males.