At a Glance
Median Income
$70,000
$28,238 per capita
Home Value
$145,300
Zillow: $353,844
Median Rent
$670/mo
18.8% of income on rent
Bachelor's Degree+
20.9%
93.9% high school+
Unemployment
0.3%
8.6% poverty rate
Obesity Rate
42.0%
21.9% smoking rate
How Monroe Compares to the U.S. Average
Each bar shows Monroe's value as a percentage of the national average (100% = U.S. avg)
Thin vertical line = U.S. national average (100%)
Is Monroe a Good Place to Live?
A
4.0 / 5.0 - Great
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Monroe residents earn a median household income of $70,000 , which is 7% below the national average of $75,149.
Per capita income is $28,238. The unemployment rate stands at 0.3% (92% below the U.S. rate of 3.6%). 8.6% of residents live below the poverty line. The area is home to 786 business establishments, including 53 restaurants.
Housing & Cost of Living
The median home value in Monroe is $145,300 , 48% below the national median of $281,900.
Zillow estimates the typical home at $353,844. Median rent is $670/month, with 18.8% 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 1962.
Education
20.9% of adults in Monroe hold a bachelor's degree or higher
(38% below the national average).
93.9% have completed high school. Local schools score 6.6/10 in standardized testing.
Climate & Weather
Monroe has an average annual temperature of 51°F (10°C).
Winters average 25°F in January while summers reach 74°F in July. Annual precipitation totals 41.9 inches.
Data Overview
People
Population629
Median Age30.0 yrs
Density925/mi²
Male / Female46% / 54%
Foreign Born0.0%
Veterans1.7%
Economy
A
Median Income$70,000
Per Capita$28,238
Unemployment0.3%
Poverty8.6%
County GDP$2,318M
Avg Weekly Wage$951
Housing
A+
Home Value$145,300
Rent$670
Ownership79.1%
Zillow$353,844
Housing Units240
Rent Burden18.8%
Health
Obesity42.0%
Diabetes12.3%
Smoking21.9%
Heart Disease6.8%
Premature Death8,648/100K
Climate
Avg Temp51°F
Rain41.9 in/yr
Elevation824 ft
Education
C+
Bachelor's+20.9%
High School+93.9%
Graduate+9.1%
School Score6.6/10
Community
2024 VoteR 75% / D 23%
Commute19 min
Broadband92.7%
Internet Speed75 Mbps
EV Stations1
Libraries3
Did You Know?
The median home in Monroe was built in 1962.
The nearest airport is Fort Wayne International (21 miles).
The Gini coefficient (income inequality) is 0.388 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
6.7% of the population has a disability.
The county recorded 3 fatal vehicle crashes.