Monroe Center, IL
Full City Profile · Illinois · Boone County County
Monroe Center, IL
At a Glance
How Monroe Center Compares to the U.S. Average
Each bar shows Monroe Center's value as a percentage of the national average (100% = U.S. avg)
Is Monroe Center a Good Place to Live?
Economy & Jobs
Monroe Center residents earn a median household income of $91,563 , which is 22% above the national average of $75,149. Per capita income is $42,735. The unemployment rate stands at 4.0% (11% above the U.S. rate of 3.6%). 1.6% of residents live below the poverty line. The area is home to 880 business establishments, including 75 restaurants.
Housing & Cost of Living
The median home value in Monroe Center is $148,000 , 47% below the national median of $281,900. Zillow estimates the typical home at $262,665. Median rent is $878/month, with 23.3% of renters spending more than 30% of income on housing. The cost of living index is 100.0 (100 = national average). The median home was built in 1959.
Education
25.3% of adults in Monroe Center hold a bachelor's degree or higher (25% below the national average). 97.3% have completed high school. Local schools score 5.1/10 in standardized testing.
Climate & Weather
Monroe Center has an average annual temperature of 49°F (10°C). Winters average 22°F in January while summers reach 74°F in July. Annual precipitation totals 37.2 inches.