Living in Monroe City, Missouri
Cost of living, income, home prices, rent and demographics of Monroe City · Census data 2020–2024
Monroe City has 3,028 residents with a median age of 37.5. The median household income is $55,737 (21% lower than the Missouri median), the median home value is $159,300, the median rent is $668/month.
Monroe City at a glance
- Population
- 3,028
- Median age
- 37.5State: 39
- Median household income
- $55,737State: $70,702
- Median home value
- $159,300State: $230,300
- Median rent
- $668/moState: $1,033
- Homeowners
- 46.9%
- Bachelor's degree or higher
- 17.5%
- Average commute
- 22 min
Is Monroe City a good place to live?
Pros: Home values 31% lower than the state median; an average commute of 22 minutes; unemployment of 0.8%.
Cons: Median household income 21% lower than the Missouri median; a poverty rate of 12.7%.
The weather is best in May–June and August–September.
Cost of living in Monroe City
Housing is the biggest part of the cost of living. In Monroe City the median home value is $159,300, 52% lower than the U.S. median. Renters pay a median of $668 per month, which is 24.5% of household income. Homeowners with a mortgage pay $1,189 a month in housing costs.
Monroe City median household income
The median household income in Monroe City is $55,737 and the income per person is $27,016. 12.7% of residents live below the poverty line (Missouri: 12.6%).
Housing in Monroe City: homes for sale and rent
- Housing units
- 1,420
- Owner-occupied
- 46.9%
- Renter-occupied
- 53.1%
- Vacant
- 20.5%Includes seasonal homes
- Median year built
- 1974
- Average household size
- 2.60
Monroe City demographics
- Population
- 3,028
- Median age
- 37.5
- Under 18
- 26.2%
- 65 and older
- 16.8%
- Households
- 1,129
- Foreign-born
- 1.5%
- Veterans
- 5.4%Adults 18+
Hispanic or Latino can be of any race. Population history of Monroe City ›
Education in Monroe City
17.5% of adults 25 and older in Monroe City have a bachelor's degree or higher (Missouri: 32.4%), and 5.9% have a graduate or professional degree.
Jobs and commute in Monroe City
- Unemployment rate
- 0.8%State: 4%
- Average commute
- 22 minState: 24 min
- Work from home
- 2.9%
- Drive alone
- 87.7%
- Public transit
- 0.4%
- Walk to work
- 1.7%
- Homes with broadband
- 86.6%
Monroe City vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Monroe City | 3,028 | $55,737 | $159,300 | $668 |
| Hunnewell | 130 | $49,375 | $53,800 | $419 |
| Rensselaer | 243 | $77,750 | $190,600 | — |
| Philadelphia | 219 | $51,375 | $99,100 | — |
| Center | 537 | $59,375 | $82,400 | $400 |
| Palmyra | 3,623 | $69,922 | $184,200 | $843 |
| Perry | 640 | $50,795 | $112,100 | $550 |
| Shelbina | 1,653 | $47,500 | $86,200 | $756 |
| Hannibal | 16,771 | $53,721 | $127,700 | $805 |
More for people moving to Monroe City
Monroe City ZIP code ›Weather and climate ›Living in Monroe City: FAQ
What is the median household income in Monroe City, MO?
The median household income in Monroe City is $55,737, 21% lower than the Missouri median of $70,702 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Monroe City?
The median home value in Monroe City is $159,300, compared with $230,300 in Missouri.
How much is rent in Monroe City?
The median gross rent in Monroe City is $668 per month, about 24.5% of household income.
Is Monroe City, MO a good place to live?
Pluses: home values 31% lower than the state median; an average commute of 22 minutes; unemployment of 0.8%. Minuses: median household income 21% lower than the Missouri median; a poverty rate of 12.7%.
What is the median age in Monroe City?
The median age in Monroe City is 37.5 years (Missouri: 39).
How long is the commute in Monroe City?
The average commute to work in Monroe City is 22 minutes; 2.9% of workers work from home.
What is the unemployment rate in Monroe City?
The unemployment rate in Monroe City is 0.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Monroe City?
17.5% of adults in Monroe City 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.
Last updated: