Living in Monroe, Pennsylvania
Cost of living, income, home prices, rent and demographics of Monroe · Census data 2020–2024
Monroe has 1,314 residents with a median age of 50.5. The median household income is $67,067 (14% lower than the Pennsylvania median), the median home value is $209,400, the median rent is $943/month.
Monroe is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Monroe at a glance
- Population
- 1,314
- Median age
- 50.5State: 40.9
- Median household income
- $67,067State: $77,971
- Median home value
- $209,400State: $254,500
- Median rent
- $943/moState: $1,209
- Homeowners
- 75.7%
- Bachelor's degree or higher
- 25.9%
- Average commute
- 25 min
Is Monroe a good place to live?
Pros: Home values 18% lower than the state median; an average commute of 25 minutes; unemployment of 1.4%.
Cons: Median household income 14% lower than the Pennsylvania median; a poverty rate of 14.9%.
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 $209,400, 37% lower than the U.S. median. Renters pay a median of $943 per month, which is 24.6% of household income. Homeowners with a mortgage pay $1,538 a month in housing costs.
Monroe median household income
The median household income in Monroe is $67,067 and the income per person is $37,526. 14.9% of residents live below the poverty line (Pennsylvania: 11.7%).
Housing in Monroe: homes for sale and rent
- Housing units
- 630
- Owner-occupied
- 75.7%
- Renter-occupied
- 24.3%
- Vacant
- 12.5%Includes seasonal homes
- Median year built
- 1977
- Average household size
- 2.25
Monroe demographics
- Population
- 1,314
- Median age
- 50.5
- Under 18
- 16.6%
- 65 and older
- 24.1%
- Households
- 551
- Foreign-born
- 0.2%
- Veterans
- 10.9%Adults 18+
Hispanic or Latino can be of any race. Population history of Monroe ›
Education in Monroe
25.9% of adults 25 and older in Monroe have a bachelor's degree or higher (Pennsylvania: 35.2%), and 12.4% have a graduate or professional degree.
Jobs and commute in Monroe
- Unemployment rate
- 1.4%State: 5.3%
- Average commute
- 25 minState: 26 min
- Work from home
- 15.6%
- Drive alone
- 76.1%
- Public transit
- 0.6%
- Walk to work
- 1.9%
- Homes with broadband
- 85.1%
Monroe vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Monroe | 1,314 | $67,067 | $209,400 | $943 |
| Piney | 392 | $49,375 | $108,900 | $1,625 |
| Sligo | 731 | $52,679 | $106,600 | $770 |
| Clarion | 4,192 | $47,181 | $163,200 | $840 |
| Porter | 1,366 | $70,156 | $120,700 | $632 |
| Limestone | 1,962 | $74,485 | $192,900 | $760 |
| Strattanville | 598 | $56,336 | $131,300 | $808 |
| Paint | 1,807 | $62,083 | $168,700 | $1,007 |
| Beaver | 1,491 | $63,594 | $156,000 | $772 |
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 $67,067, 14% 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 $209,400, compared with $254,500 in Pennsylvania.
How much is rent in Monroe?
The median gross rent in Monroe is $943 per month, about 24.6% of household income.
Is Monroe, PA a good place to live?
Pluses: home values 18% lower than the state median; an average commute of 25 minutes; unemployment of 1.4%. Minuses: median household income 14% lower than the Pennsylvania median; a poverty rate of 14.9%.
What is the median age in Monroe?
The median age in Monroe is 50.5 years (Pennsylvania: 40.9).
How long is the commute in Monroe?
The average commute to work in Monroe is 25 minutes; 15.6% of workers work from home.
What is the unemployment rate in Monroe?
The unemployment rate in Monroe is 1.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Monroe?
25.9% 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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