Living in Monroe, Pennsylvania
Cost of living, income, home prices, rent and demographics of Monroe · Census data 2020–2024
Monroe has 1,509 residents with a median age of 46.3. The median household income is $59,286 (24% lower than the Pennsylvania median), the median home value is $197,300, the median rent is $771/month.
Monroe at a glance
- Population
- 1,509
- Median age
- 46.3State: 40.9
- Median household income
- $59,286State: $77,971
- Median home value
- $197,300State: $254,500
- Median rent
- $771/moState: $1,209
- Homeowners
- 84.8%
- Bachelor's degree or higher
- 23.3%
- Average commute
- 30 min
Is Monroe a good place to live?
Pros: Home values 22% lower than the state median.
Cons: Median household income 24% lower than the Pennsylvania median; an average commute of 30 minutes; unemployment of 8.5%; a poverty rate of 16.3%.
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 $197,300, 41% lower than the U.S. median. Renters pay a median of $771 per month, which is 35% of household income. Homeowners with a mortgage pay $1,509 a month in housing costs.
Monroe median household income
The median household income in Monroe is $59,286 and the income per person is $39,433. 16.3% of residents live below the poverty line (Pennsylvania: 11.7%).
Housing in Monroe: homes for sale and rent
- Housing units
- 745
- Owner-occupied
- 84.8%
- Renter-occupied
- 15.2%
- Vacant
- 4.4%Includes seasonal homes
- Median year built
- 1975
- Average household size
- 2.11
Monroe demographics
- Population
- 1,509
- Median age
- 46.3
- Under 18
- 17.6%
- 65 and older
- 20.5%
- Households
- 712
- Foreign-born
- 0.3%
- Veterans
- 5.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Monroe ›
Education in Monroe
23.3% of adults 25 and older in Monroe have a bachelor's degree or higher (Pennsylvania: 35.2%), and 11.7% have a graduate or professional degree.
Jobs and commute in Monroe
- Unemployment rate
- 8.5%State: 5.3%
- Average commute
- 30 minState: 26 min
- Work from home
- 13.1%
- Drive alone
- 74.6%
- Public transit
- 0%
- Walk to work
- 0.7%
- Homes with broadband
- 89.5%
Monroe vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Monroe | 1,509 | $59,286 | $197,300 | $771 |
| Northmoreland | 1,432 | $82,344 | $236,300 | $971 |
| Eaton | 1,365 | $69,531 | $233,000 | $1,052 |
| Harveys Lake | 2,809 | $75,510 | $238,600 | $1,375 |
| Franklin | 1,744 | $85,824 | $226,600 | $1,500 |
| West Falls | 379 | $59,286 | $145,800 | $1,049 |
| Dallas | 2,692 | $91,050 | $257,800 | $1,097 |
| Noxen | 1,057 | $68,229 | $179,200 | $1,130 |
| Exeter | 726 | $68,269 | $188,900 | $1,021 |
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 $59,286, 24% 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 $197,300, compared with $254,500 in Pennsylvania.
How much is rent in Monroe?
The median gross rent in Monroe is $771 per month, about 35% of household income.
Is Monroe, PA a good place to live?
Pluses: home values 22% lower than the state median. Minuses: median household income 24% lower than the Pennsylvania median; an average commute of 30 minutes; unemployment of 8.5%; a poverty rate of 16.3%.
What is the median age in Monroe?
The median age in Monroe is 46.3 years (Pennsylvania: 40.9).
How long is the commute in Monroe?
The average commute to work in Monroe is 30 minutes; 13.1% of workers work from home.
What is the unemployment rate in Monroe?
The unemployment rate in Monroe is 8.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Monroe?
23.3% 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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