Living in Monroe, Pennsylvania
Cost of living, income, home prices, rent and demographics of Monroe · Census data 2020–2024
Monroe has 621 residents with a median age of 36.7. The median household income is $53,947 (31% lower than the Pennsylvania median), the median home value is $174,000, the median rent is $854/month.
Monroe is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Monroe at a glance
- Population
- 621
- Median age
- 36.7State: 40.9
- Median household income
- $53,947State: $77,971
- Median home value
- $174,000State: $254,500
- Median rent
- $854/moState: $1,209
- Homeowners
- 72%
- Bachelor's degree or higher
- 15.6%
- Average commute
- 26 min
Is Monroe a good place to live?
Pros: Home values 32% lower than the state median; an average commute of 26 minutes.
Cons: Median household income 31% lower than the Pennsylvania median; unemployment of 5.7%; a poverty rate of 12.4%.
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 $174,000, 48% lower than the U.S. median. Renters pay a median of $854 per month, which is 37.5% of household income. Homeowners with a mortgage pay $1,250 a month in housing costs.
Monroe median household income
The median household income in Monroe is $53,947 and the income per person is $30,200. 12.4% of residents live below the poverty line (Pennsylvania: 11.7%).
Housing in Monroe: homes for sale and rent
- Housing units
- 284
- Owner-occupied
- 72%
- Renter-occupied
- 28%
- Vacant
- 7%Includes seasonal homes
- Median year built
- 1938
- Average household size
- 2.35
Monroe demographics
- Population
- 621
- Median age
- 36.7
- Under 18
- 21.1%
- 65 and older
- 17.9%
- Households
- 264
- Foreign-born
- 1.4%
- Veterans
- 9%Adults 18+
Hispanic or Latino can be of any race. Population history of Monroe ›
Education in Monroe
15.6% of adults 25 and older in Monroe have a bachelor's degree or higher (Pennsylvania: 35.2%), and 8.3% have a graduate or professional degree.
Jobs and commute in Monroe
- Unemployment rate
- 5.7%State: 5.3%
- Average commute
- 26 minState: 26 min
- Work from home
- 4.4%
- Drive alone
- 81%
- Public transit
- 0%
- Walk to work
- 2.6%
- Homes with broadband
- 86.4%
Monroe vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Monroe | 621 | $53,947 | $174,000 | $854 |
| Towanda | 2,791 | $60,888 | $166,900 | $996 |
| North Towanda | 983 | $28,906 | $172,700 | $571 |
| Franklin | 763 | $57,778 | $147,100 | $1,083 |
| Asylum | 911 | $73,382 | $196,900 | $1,102 |
| New Albany | 358 | $77,273 | — | $939 |
| Albany | 983 | $68,264 | $205,300 | $1,098 |
| Burlington | 188 | $60,682 | $217,900 | $925 |
| Overton | 253 | $58,750 | $200,000 | — |
More for people moving to Monroe
Monroe ZIP code ›Weather and climate ›Living in Monroe: FAQ
What is the median household income in Monroe, PA?
The median household income in Monroe is $53,947, 31% lower than the Pennsylvania median of $77,971 (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 $174,000, compared with $254,500 in Pennsylvania.
How much is rent in Monroe?
The median gross rent in Monroe is $854 per month, about 37.5% of household income.
Is Monroe, PA a good place to live?
Pluses: home values 32% lower than the state median; an average commute of 26 minutes. Minuses: median household income 31% lower than the Pennsylvania median; unemployment of 5.7%; a poverty rate of 12.4%.
What is the median age in Monroe?
The median age in Monroe is 36.7 years (Pennsylvania: 40.9).
How long is the commute in Monroe?
The average commute to work in Monroe is 26 minutes; 4.4% of workers work from home.
What is the unemployment rate in Monroe?
The unemployment rate in Monroe is 5.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Monroe?
15.6% 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: