Living in Monroe, Ohio

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

Monroe has 15,401 residents with a median age of 36.5. The median household income is $105,250 (47% higher than the Ohio median), the median home value is $282,400, the median rent is $1,608/month.

Monroe at a glance

Population
15,401
Median age
36.5State: 39.7
Median household income
$105,250State: $71,389
Median home value
$282,400State: $214,800
Median rent
$1,608/moState: $1,034
Homeowners
80.9%
Bachelor's degree or higher
39.4%
Average commute
23 min

Is Monroe a good place to live?

Pros: Median household income 47% higher than the Ohio median; an average commute of 23 minutes; unemployment of 3.2%; a poverty rate of 4.5%.

Cons: Home values 31% higher than the state median.

The weather is best in May–June and August–September.

Cost of living in Monroe

Housing is the biggest part of the cost of living. In Monroe the median home value is $282,400, 15% lower than the U.S. median. Renters pay a median of $1,608 per month, which is 31.8% of household income. Homeowners with a mortgage pay $1,775 a month in housing costs.

Median home value

Monroe$282,400
Ohio$214,800
United States$332,700

Median monthly rent

Monroe$1,608
Ohio$1,034
United States$1,413

Monroe median household income

The median household income in Monroe is $105,250 and the income per person is $40,063. 4.5% of residents live below the poverty line (Ohio: 13.3%).

Median household income

Monroe$105,250
Ohio$71,389
United States$80,734

Housing in Monroe: homes for sale and rent

Housing units
5,391
Owner-occupied
80.9%
Renter-occupied
19.1%
Vacant
2.4%Includes seasonal homes
Median year built
2001
Average household size
2.90

Monroe demographics

Population
15,401
Median age
36.5
Under 18
29%
65 and older
13.9%
Households
5,259
Foreign-born
5.4%
Veterans
7.2%Adults 18+

Race and ethnicity

White83.4%
Hispanic or Latino5.1%
Black3%
Asian3.8%

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

Education in Monroe

39.4% of adults 25 and older in Monroe have a bachelor's degree or higher (Ohio: 31.5%), and 12.7% have a graduate or professional degree.

Bachelor's degree or higher

Monroe39.4%
Ohio31.5%
United States35.7%

Jobs and commute in Monroe

Unemployment rate
3.2%State: 4.8%
Average commute
23 minState: 23 min
Work from home
16.5%
Drive alone
73.3%
Public transit
0%
Walk to work
1.1%
Homes with broadband
97.5%

Monroe vs nearby towns

TownPopulationMedian incomeHome valueRent
Monroe15,401$105,250$282,400$1,608
Middletown51,617$57,102$164,400$1,007
Four Bridges3,417$121,764$589,500$1,896
Hunter3,551$127,411$251,700—
Trenton13,583$80,635$234,900$1,284
Wetherington1,138$167,625$611,200$1,473
Woodsdale735$71,806$343,200$1,332
Mason35,509$125,401$426,200$1,760
Franklin11,712$58,587$183,100$981

More for people moving to Monroe

Monroe ZIP code ›Weather and climate ›

Living in Monroe: FAQ

What is the median household income in Monroe, OH?

The median household income in Monroe is $105,250, 47% higher than the Ohio median of $71,389 (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 $282,400, compared with $214,800 in Ohio.

How much is rent in Monroe?

The median gross rent in Monroe is $1,608 per month, about 31.8% of household income.

Is Monroe, OH a good place to live?

Pluses: median household income 47% higher than the Ohio median; an average commute of 23 minutes; unemployment of 3.2%; a poverty rate of 4.5%. Minuses: home values 31% higher than the state median.

What is the median age in Monroe?

The median age in Monroe is 36.5 years (Ohio: 39.7).

How long is the commute in Monroe?

The average commute to work in Monroe is 23 minutes; 16.5% of workers work from home.

What is the unemployment rate in Monroe?

The unemployment rate in Monroe is 3.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Monroe?

39.4% 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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