Living in Monroe, Oklahoma
Cost of living, income, home prices, rent and demographics of Monroe · Census data 2020–2024
Monroe has 123 residents with a median age of 23.6. The median household income is $39,107 (40% lower than the Oklahoma median), the median home value is $112,500, the median rent is $775/month.
Monroe is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Monroe at a glance
- Population
- 123
- Median age
- 23.6State: 37
- Median household income
- $39,107State: $65,039
- Median home value
- $112,500State: $199,800
- Median rent
- $775/moState: $1,014
- Homeowners
- 68.9%
- Bachelor's degree or higher
- 0%
Is Monroe a good place to live?
Pros: Home values 44% lower than the state median.
Cons: Median household income 40% lower than the Oklahoma median; unemployment of 28.9%; a poverty rate of 26%.
The weather is best in April–May and September–October.
Cost of living in Monroe
Housing is the biggest part of the cost of living. In Monroe the median home value is $112,500, 66% lower than the U.S. median. Renters pay a median of $775 per month, which is 27.5% of household income. Homeowners with a mortgage pay — a month in housing costs.
Monroe median household income
The median household income in Monroe is $39,107 and the income per person is $15,533. 26% of residents live below the poverty line (Oklahoma: 15.3%).
Housing in Monroe: homes for sale and rent
- Housing units
- 56
- Owner-occupied
- 68.9%
- Renter-occupied
- 31.1%
- Vacant
- 19.6%Includes seasonal homes
- Median year built
- 1974
- Average household size
- 2.73
Monroe demographics
- Population
- 123
- Median age
- 23.6
- Under 18
- 40.7%
- 65 and older
- 6.5%
- Households
- 45
- Foreign-born
- 0%
- Veterans
- 4.1%Adults 18+
Hispanic or Latino can be of any race. Population history of Monroe ›
Education in Monroe
0% of adults 25 and older in Monroe have a bachelor's degree or higher (Oklahoma: 28.3%), and 0% have a graduate or professional degree.
Jobs and commute in Monroe
- Unemployment rate
- 28.9%State: 5%
- Average commute
- —State: 22 min
- Work from home
- 0%
- Drive alone
- 87.5%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 68.9%
Monroe vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Monroe | 123 | $39,107 | $112,500 | $775 |
| Poteau | 8,959 | $50,511 | $157,400 | $853 |
| Howe | 791 | $52,031 | $108,600 | $754 |
| Hartford | 496 | $45,341 | $83,700 | $911 |
| Heavener | 3,012 | $34,408 | $59,200 | $688 |
| Cameron | 292 | $53,125 | $75,000 | $717 |
| Midland | 262 | $36,461 | $64,300 | $1,119 |
| Wister | 1,105 | $36,607 | $106,500 | $788 |
| Shady Point | 900 | $52,375 | $104,700 | $618 |
More for people moving to Monroe
Monroe ZIP code ›Weather and climate ›Living in Monroe: FAQ
What is the median household income in Monroe, OK?
The median household income in Monroe is $39,107, 40% lower than the Oklahoma median of $65,039 (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 $112,500, compared with $199,800 in Oklahoma.
How much is rent in Monroe?
The median gross rent in Monroe is $775 per month, about 27.5% of household income.
Is Monroe, OK a good place to live?
Pluses: home values 44% lower than the state median. Minuses: median household income 40% lower than the Oklahoma median; unemployment of 28.9%; a poverty rate of 26%.
What is the median age in Monroe?
The median age in Monroe is 23.6 years (Oklahoma: 37).
What is the unemployment rate in Monroe?
The unemployment rate in Monroe is 28.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Monroe?
0% 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.
Last updated: