At a Glance
Median Income
$91,375
$34,528 per capita
Home Value
$216,500
Zillow: $304,025
Median Rent
$988/mo
19.8% of income on rent
Bachelor's Degree+
21.3%
92.0% high school+
Unemployment
1.4%
5.4% poverty rate
Obesity Rate
35.6%
14.6% smoking rate
How Monrovia Compares to the U.S. Average
Each bar shows Monrovia's value as a percentage of the national average (100% = U.S. avg)
Thin vertical line = U.S. national average (100%)
Is Monrovia a Good Place to Live?
A
4.2 / 5.0 - Great
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Monrovia residents earn a median household income of $91,375 , which is 22% above the national average of $75,149.
Per capita income is $34,528. The unemployment rate stands at 1.4% (61% below the U.S. rate of 3.6%). 5.4% of residents live below the poverty line. The area is home to 1,396 business establishments, including 108 restaurants.
Housing & Cost of Living
The median home value in Monrovia is $216,500 , 23% below the national median of $281,900.
Zillow estimates the typical home at $304,025. Median rent is $988/month, with 19.8% 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 2005.
Education
21.3% of adults in Monrovia hold a bachelor's degree or higher
(37% below the national average).
92.0% have completed high school. Local schools score 6.1/10 in standardized testing.
Climate & Weather
Monrovia has an average annual temperature of 54°F (12°C).
Winters average 29°F in January while summers reach 76°F in July. Annual precipitation totals 43.6 inches.
Data Overview
People
Population2,090
Median Age29.6 yrs
Density1,161/mi²
Male / Female48% / 52%
Foreign Born2.7%
Veterans4.3%
Economy
A+
Median Income$91,375
Per Capita$34,528
Unemployment1.4%
Poverty5.4%
County GDP$3,059M
Avg Weekly Wage$961
Housing
A+
Home Value$216,500
Rent$988
Ownership92.6%
Zillow$304,025
Housing Units576
Rent Burden19.8%
Health
Obesity35.6%
Diabetes9.9%
Smoking14.6%
Heart Disease5.1%
Premature Death8,539/100K
Climate
Avg Temp54°F
Rain43.6 in/yr
Elevation802 ft
Education
C+
Bachelor's+21.3%
High School+92.0%
Graduate+3.9%
School Score6.1/10
Community
2024 VoteR 76% / D 22%
Commute36 min
Broadband92.0%
Internet Speed113 Mbps
EV Stations1
Libraries7
Did You Know?
The median home in Monrovia was built in 2005.
The nearest airport is Indianapolis International (13 miles).
The Gini coefficient (income inequality) is 0.419 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
11.1% of the population has a disability.
Average internet download speed is 113 Mbps.
There are 108 restaurants in the area.
The county recorded 9 fatal vehicle crashes.