At a Glance
Median Income
$66,250
$33,791 per capita
Home Value
$115,000
Zillow: $336,911
Median Rent
$892/mo
26.3% of income on rent
Bachelor's Degree+
9.8%
93.9% high school+
Unemployment
3.0%
5.9% poverty rate
Obesity Rate
39.6%
13.1% 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?
B+
3.6 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Monroe residents earn a median household income of $66,250 , which is 12% below the national average of $75,149.
Per capita income is $33,791. The unemployment rate stands at 3.0% (17% below the U.S. rate of 3.6%). 5.9% of residents live below the poverty line. The area is home to 1,157 business establishments, including 79 restaurants.
Housing & Cost of Living
The median home value in Monroe is $115,000 , 59% below the national median of $281,900.
Zillow estimates the typical home at $336,911. Median rent is $892/month, with 26.3% of renters spending more than 30% of income on housing. The cost of living index is 90.1 (100 = national average). The median home was built in 1950.
Education
9.8% of adults in Monroe hold a bachelor's degree or higher
(71% below the national average).
93.9% have completed high school. Local schools score 5.8/10 in standardized testing.
Climate & Weather
Monroe has an average annual temperature of 50°F (10°C).
Winters average 24°F in January while summers reach 75°F in July. Annual precipitation totals 27.7 inches.
Data Overview
People
Population248
Median Age33.9 yrs
Density1,240/mi²
Male / Female50% / 50%
Foreign Born1.6%
Veterans5.1%
Economy
A
Median Income$66,250
Per Capita$33,791
Unemployment3.0%
Poverty5.9%
County GDP$3,864M
Avg Weekly Wage$1,064
Housing
A+
Home Value$115,000
Rent$892
Ownership79.2%
Zillow$336,911
Housing Units148
Rent Burden26.3%
Health
Obesity39.6%
Diabetes8.3%
Smoking13.1%
Heart Disease4.9%
Premature Death5,668/100K
Climate
Avg Temp50°F
Rain27.7 in/yr
Elevation1,524 ft
Education
D
Bachelor's+9.8%
High School+93.9%
Graduate+1.9%
School Score5.8/10
Community
2024 VoteR 79% / D 20%
Commute19 min
Broadband86.5%
Internet Speed65 Mbps
EV Stations8
Libraries2
Did You Know?
The median home in Monroe was built in 1950.
The nearest airport is Norfolk Regional/Karl Stefan Memorial Field (36 miles).
The Gini coefficient (income inequality) is 0.415 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
11.7% of the population has a disability.
The county recorded 3 fatal vehicle crashes.