Monroe City, IN
Full City Profile · Indiana · Knox County County
Monroe City, IN
At a Glance
How Monroe City Compares to the U.S. Average
Each bar shows Monroe City's value as a percentage of the national average (100% = U.S. avg)
Is Monroe City a Good Place to Live?
Economy & Jobs
Monroe City residents earn a median household income of $70,250 , which is 7% below the national average of $75,149. Per capita income is $29,424. The unemployment rate stands at 0.5% (86% below the U.S. rate of 3.6%). 22.3% of residents live below the poverty line. The area is home to 950 business establishments, including 85 restaurants.
Housing & Cost of Living
The median home value in Monroe City is $97,500 , 65% below the national median of $281,900. Zillow estimates the typical home at $210,683. Median rent is $1,017/month, with 23.0% of renters spending more than 30% of income on housing. The cost of living index is 93.3 (100 = national average). The median home was built in 1963.
Education
10.3% of adults in Monroe City hold a bachelor's degree or higher (69% below the national average). 97.9% have completed high school. Local schools score 5.7/10 in standardized testing.
Climate & Weather
Monroe City has an average annual temperature of 56°F (14°C). Winters average 32°F in January while summers reach 77°F in July. Annual precipitation totals 47.6 inches. Air quality is rated Good with a median AQI of 38.