Living in Monroe, Washington
Cost of living, income, home prices, rent and demographics of Monroe · Census data 2020–2024
Monroe has 19,755 residents with a median age of 35.7. The median household income is $110,461 (13% higher than the Washington median), the median home value is $668,400, the median rent is $1,950/month.
Monroe at a glance
- Population
- 19,755
- Median age
- 35.7State: 38.3
- Median household income
- $110,461State: $98,141
- Median home value
- $668,400State: $564,600
- Median rent
- $1,950/moState: $1,760
- Homeowners
- 71.5%
- Bachelor's degree or higher
- 30%
- Average commute
- 31 min
Is Monroe a good place to live?
Pros: Median household income 13% higher than the Washington median; a poverty rate of 7.3%.
Cons: Home values 18% higher than the state median; an average commute of 31 minutes; unemployment of 5.7%.
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 $668,400, 101% higher than the U.S. median. Renters pay a median of $1,950 per month, which is 30.2% of household income. Homeowners with a mortgage pay $2,601 a month in housing costs.
Monroe median household income
The median household income in Monroe is $110,461 and the income per person is $43,626. 7.3% of residents live below the poverty line (Washington: 9.9%).
Housing in Monroe: homes for sale and rent
- Housing units
- 6,367
- Owner-occupied
- 71.5%
- Renter-occupied
- 28.5%
- Vacant
- 1.4%Includes seasonal homes
- Median year built
- 1997
- Average household size
- 2.75
Monroe demographics
- Population
- 19,755
- Median age
- 35.7
- Under 18
- 21.4%
- 65 and older
- 10.5%
- Households
- 6,280
- Foreign-born
- 16.5%
- Veterans
- 7.1%Adults 18+
Hispanic or Latino can be of any race. Population history of Monroe ›
Education in Monroe
30% of adults 25 and older in Monroe have a bachelor's degree or higher (Washington: 39.6%), and 9.3% have a graduate or professional degree.
Jobs and commute in Monroe
- Unemployment rate
- 5.7%State: 5.1%
- Average commute
- 31 minState: 27 min
- Work from home
- 20.4%
- Drive alone
- 68.2%
- Public transit
- 0.8%
- Walk to work
- 1.9%
- Homes with broadband
- 94.9%
Monroe vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Monroe | 19,755 | $110,461 | $668,400 | $1,950 |
| Monroe North | 1,456 | $169,844 | $707,500 | — |
| Chain Lake | 4,950 | $161,286 | $873,000 | $1,755 |
| Woods Creek | 6,943 | $156,950 | $822,800 | $2,603 |
| High Bridge | 3,196 | $167,337 | $963,700 | — |
| Three Lakes | 4,055 | $172,879 | $842,800 | $1,730 |
| Cathcart | 2,064 | $130,400 | $908,900 | — |
| Maltby | 10,910 | $185,457 | $1,002,100 | $2,158 |
| Snohomish | 10,239 | $87,250 | $683,900 | $1,654 |
More for people moving to Monroe
Monroe ZIP code ›Weather and climate ›Living in Monroe: FAQ
What is the median household income in Monroe, WA?
The median household income in Monroe is $110,461, 13% higher than the Washington median of $98,141 (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 $668,400, compared with $564,600 in Washington.
How much is rent in Monroe?
The median gross rent in Monroe is $1,950 per month, about 30.2% of household income.
Is Monroe, WA a good place to live?
Pluses: median household income 13% higher than the Washington median; a poverty rate of 7.3%. Minuses: home values 18% higher than the state median; an average commute of 31 minutes; unemployment of 5.7%.
What is the median age in Monroe?
The median age in Monroe is 35.7 years (Washington: 38.3).
How long is the commute in Monroe?
The average commute to work in Monroe is 31 minutes; 20.4% 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?
30% 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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