Living in Monroe, Massachusetts

Cost of living, income, home prices, rent and demographics of Monroe · Census data 2020–2024

Monroe has 122 residents with a median age of 60.2. The median home value is $165,000.

Monroe is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

Monroe at a glance

Population
122
Median age
60.2State: 40
Median home value
$165,000State: $562,100
Homeowners
75.9%
Bachelor's degree or higher
19.8%
Average commute
56 min

Is Monroe a good place to live?

Pros: Home values 71% lower than the state median.

Cons: An average commute of 56 minutes; a poverty rate of 38.5%.

The weather is best in June to September.

Cost of living in Monroe

Housing is the biggest part of the cost of living. In Monroe the median home value is $165,000, 50% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $1,833 a month in housing costs.

Median home value

Monroe$165,000
Massachusetts$562,100
United States$332,700

Median monthly rent

Massachusetts$1,762
United States$1,413

Housing in Monroe: homes for sale and rent

Housing units
81
Owner-occupied
75.9%
Renter-occupied
24.1%
Vacant
28.4%Includes seasonal homes
Median year built
1938
Average household size
2.10

Monroe demographics

Population
122
Median age
60.2
Under 18
16.4%
65 and older
31.1%
Households
58
Foreign-born
0.8%
Veterans
23.5%Adults 18+

Race and ethnicity

White86.1%
Hispanic or Latino12.3%
Black0%
Asian0%

Hispanic or Latino can be of any race. Population history of Monroe ›

Education in Monroe

19.8% of adults 25 and older in Monroe have a bachelor's degree or higher (Massachusetts: 47.3%), and 9.9% have a graduate or professional degree.

Bachelor's degree or higher

Monroe19.8%
Massachusetts47.3%
United States35.7%

Jobs and commute in Monroe

Unemployment rate
0%State: 5.2%
Average commute
56 minState: 29 min
Work from home
0%
Drive alone
100%
Public transit
0%
Walk to work
0%
Homes with broadband
87.9%

Monroe vs nearby towns

TownPopulationMedian incomeHome valueRent
Monroe122—$165,000—
Florida668$86,875$246,800$867
Readsboro807$55,268$215,500$724
Rowe453$69,583$275,000$1,313
Clarksburg1,667$77,143$239,900$1,125
Whitingham1,368$70,625$262,300$673
Stamford963$88,646$303,200$1,583
North Adams12,606$47,500$195,900$793
Heath765$98,750$295,000—

More for people moving to Monroe

Monroe ZIP code ›Weather and climate ›

Living in Monroe: FAQ

What is the average home price in Monroe?

The median home value in Monroe is $165,000, compared with $562,100 in Massachusetts.

Is Monroe, MA a good place to live?

Pluses: home values 71% lower than the state median. Minuses: an average commute of 56 minutes; a poverty rate of 38.5%.

What is the median age in Monroe?

The median age in Monroe is 60.2 years (Massachusetts: 40).

How long is the commute in Monroe?

The average commute to work in Monroe is 56 minutes; 0% of workers work from home.

What is the unemployment rate in Monroe?

The unemployment rate in Monroe is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Monroe?

19.8% of adults in Monroe have a bachelor's degree or higher.

Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.

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