Living in Monroe, Oregon

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

Monroe has 1,102 residents with a median age of 28.9. The median household income is $78,646 (5% lower than the Oregon median), the median home value is $348,700, the median rent is $1,359/month.

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

Monroe at a glance

Population
1,102
Median age
28.9State: 40.4
Median household income
$78,646State: $83,011
Median home value
$348,700State: $477,600
Median rent
$1,359/moState: $1,525
Homeowners
68.5%
Bachelor's degree or higher
27.4%
Average commute
40 min

Is Monroe a good place to live?

Pros: Home values 27% lower than the state median; unemployment of 5.4%; a poverty rate of 4.8%.

Cons: Median household income 5% lower than the Oregon median; an average commute of 40 minutes.

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 $348,700, 5% higher than the U.S. median. Renters pay a median of $1,359 per month, which is 41% of household income. Homeowners with a mortgage pay $1,647 a month in housing costs.

Median home value

Monroe$348,700
Oregon$477,600
United States$332,700

Median monthly rent

Monroe$1,359
Oregon$1,525
United States$1,413

Monroe median household income

The median household income in Monroe is $78,646 and the income per person is $27,327. 4.8% of residents live below the poverty line (Oregon: 11.9%).

Median household income

Monroe$78,646
Oregon$83,011
United States$80,734

Housing in Monroe: homes for sale and rent

Housing units
341
Owner-occupied
68.5%
Renter-occupied
31.5%
Vacant
1.2%Includes seasonal homes
Median year built
1990
Average household size
3.27

Monroe demographics

Population
1,102
Median age
28.9
Under 18
38.2%
65 and older
14%
Households
337
Foreign-born
5%
Veterans
5.1%Adults 18+

Race and ethnicity

White60.4%
Hispanic or Latino42.4%
Black13.6%
Asian0%

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

Education in Monroe

27.4% of adults 25 and older in Monroe have a bachelor's degree or higher (Oregon: 36.8%), and 14.5% have a graduate or professional degree.

Bachelor's degree or higher

Monroe27.4%
Oregon36.8%
United States35.7%

Jobs and commute in Monroe

Unemployment rate
5.4%State: 5.4%
Average commute
40 minState: 23 min
Work from home
14.6%
Drive alone
77.5%
Public transit
0%
Walk to work
0.5%
Homes with broadband
92.9%

Monroe vs nearby towns

TownPopulationMedian incomeHome valueRent
Monroe1,102$78,646$348,700$1,359
Alpine240$58,333$477,800—
Harrisburg3,681$73,650$320,900$1,548
Junction City6,947$85,595$421,900$1,316
Peoria130$141,368——
Halsey1,491$106,458$330,300$2,061
Alsea201$39,722$123,400—
Philomath5,642$83,672$421,300$1,477
Santa Clara10,551$88,344$415,100$1,706

More for people moving to Monroe

Monroe ZIP code ›Weather and climate ›

Living in Monroe: FAQ

What is the median household income in Monroe, OR?

The median household income in Monroe is $78,646, 5% lower than the Oregon median of $83,011 (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 $348,700, compared with $477,600 in Oregon.

How much is rent in Monroe?

The median gross rent in Monroe is $1,359 per month, about 41% of household income.

Is Monroe, OR a good place to live?

Pluses: home values 27% lower than the state median; unemployment of 5.4%; a poverty rate of 4.8%. Minuses: median household income 5% lower than the Oregon median; an average commute of 40 minutes.

What is the median age in Monroe?

The median age in Monroe is 28.9 years (Oregon: 40.4).

How long is the commute in Monroe?

The average commute to work in Monroe is 40 minutes; 14.6% of workers work from home.

What is the unemployment rate in Monroe?

The unemployment rate in Monroe is 5.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Monroe?

27.4% 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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