Living in Monroe, New Hampshire
Cost of living, income, home prices, rent and demographics of Monroe · Census data 2020–2024
Monroe has 786 residents with a median age of 51. The median household income is $88,150 (11% lower than the New Hampshire median), the median home value is $312,700, the median rent is $1,104/month.
Monroe is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Monroe at a glance
- Population
- 786
- Median age
- 51State: 43.3
- Median household income
- $88,150State: $99,031
- Median home value
- $312,700State: $402,500
- Median rent
- $1,104/moState: $1,491
- Homeowners
- 88.6%
- Bachelor's degree or higher
- 25.4%
- Average commute
- 27 min
Is Monroe a good place to live?
Pros: Home values 22% lower than the state median; a poverty rate of 5.2%.
Cons: Median household income 11% lower than the New Hampshire median; an average commute of 27 minutes; unemployment of 5.2%.
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 $312,700, 6% lower than the U.S. median. Renters pay a median of $1,104 per month, which is 24.2% of household income. Homeowners with a mortgage pay $1,663 a month in housing costs.
Monroe median household income
The median household income in Monroe is $88,150 and the income per person is $40,117. 5.2% of residents live below the poverty line (New Hampshire: 7.2%).
Housing in Monroe: homes for sale and rent
- Housing units
- 344
- Owner-occupied
- 88.6%
- Renter-occupied
- 11.4%
- Vacant
- 10.8%Includes seasonal homes
- Median year built
- 1977
- Average household size
- 2.56
Monroe demographics
- Population
- 786
- Median age
- 51
- Under 18
- 20.9%
- 65 and older
- 30.3%
- Households
- 307
- Foreign-born
- 0.5%
- Veterans
- 13.8%Adults 18+
Hispanic or Latino can be of any race. Population history of Monroe ›
Education in Monroe
25.4% of adults 25 and older in Monroe have a bachelor's degree or higher (New Hampshire: 40.6%), and 7.1% have a graduate or professional degree.
Jobs and commute in Monroe
- Unemployment rate
- 5.2%State: 3.3%
- Average commute
- 27 minState: 27 min
- Work from home
- 3.2%
- Drive alone
- 83.4%
- Public transit
- 0%
- Walk to work
- 4.7%
- Homes with broadband
- 83.7%
Monroe vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Monroe | 786 | $88,150 | $312,700 | $1,104 |
| Lyman | 464 | $71,042 | $311,100 | $1,147 |
| Barnet | 1,855 | $67,386 | $247,900 | $974 |
| Waterford | 1,279 | $109,375 | $271,500 | — |
| Lisbon | 1,583 | $65,500 | $198,000 | $1,344 |
| Bath | 1,097 | $67,813 | $234,400 | $1,438 |
| Ryegate | 1,059 | $66,484 | $219,300 | $908 |
| Littleton | 6,040 | $56,746 | $282,900 | $940 |
| Sugar Hill | 658 | $154,091 | $639,700 | $1,208 |
More for people moving to Monroe
Monroe ZIP code ›Weather and climate ›Living in Monroe: FAQ
What is the median household income in Monroe, NH?
The median household income in Monroe is $88,150, 11% lower than the New Hampshire median of $99,031 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Monroe?
The median home value in Monroe is $312,700, compared with $402,500 in New Hampshire.
How much is rent in Monroe?
The median gross rent in Monroe is $1,104 per month, about 24.2% of household income.
Is Monroe, NH a good place to live?
Pluses: home values 22% lower than the state median; a poverty rate of 5.2%. Minuses: median household income 11% lower than the New Hampshire median; an average commute of 27 minutes; unemployment of 5.2%.
What is the median age in Monroe?
The median age in Monroe is 51 years (New Hampshire: 43.3).
How long is the commute in Monroe?
The average commute to work in Monroe is 27 minutes; 3.2% of workers work from home.
What is the unemployment rate in Monroe?
The unemployment rate in Monroe is 5.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Monroe?
25.4% 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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