Living in Monroe, Wisconsin
Cost of living, income, home prices, rent and demographics of Monroe · Census data 2020–2024
Monroe has 10,587 residents with a median age of 42.5. The median household income is $69,334 (11% lower than the Wisconsin median), the median home value is $195,300, the median rent is $862/month.
Monroe at a glance
- Population
- 10,587
- Median age
- 42.5State: 40.2
- Median household income
- $69,334State: $77,485
- Median home value
- $195,300State: $266,500
- Median rent
- $862/moState: $1,087
- Homeowners
- 63.1%
- Bachelor's degree or higher
- 27.3%
- Average commute
- 18 min
Is Monroe a good place to live?
Pros: Home values 27% lower than the state median; an average commute of 18 minutes; a poverty rate of 8.9%.
Cons: Median household income 11% lower than the Wisconsin median; unemployment of 4.3%.
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 $195,300, 41% lower than the U.S. median. Renters pay a median of $862 per month, which is 23% of household income. Homeowners with a mortgage pay $1,352 a month in housing costs.
Monroe median household income
The median household income in Monroe is $69,334 and the income per person is $42,330. 8.9% of residents live below the poverty line (Wisconsin: 10.6%).
Housing in Monroe: homes for sale and rent
- Housing units
- 5,349
- Owner-occupied
- 63.1%
- Renter-occupied
- 36.9%
- Vacant
- 3.6%Includes seasonal homes
- Median year built
- 1966
- Average household size
- 2.02
Monroe demographics
- Population
- 10,587
- Median age
- 42.5
- Under 18
- 20.6%
- 65 and older
- 22.9%
- Households
- 5,157
- Foreign-born
- 3.8%
- Veterans
- 6.1%Adults 18+
Hispanic or Latino can be of any race. Population history of Monroe ›
Education in Monroe
27.3% of adults 25 and older in Monroe have a bachelor's degree or higher (Wisconsin: 33.4%), and 7.6% have a graduate or professional degree.
Jobs and commute in Monroe
- Unemployment rate
- 4.3%State: 3.2%
- Average commute
- 18 minState: 22 min
- Work from home
- 12.1%
- Drive alone
- 78.5%
- Public transit
- 0%
- Walk to work
- 1.8%
- Homes with broadband
- 86.4%
Monroe vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Monroe | 10,587 | $69,334 | $195,300 | $862 |
| Juda | 390 | $64,135 | $159,800 | $1,030 |
| Browntown | 249 | $73,542 | $105,800 | $870 |
| Orangeville | 1,045 | $69,464 | $152,700 | $788 |
| Monticello | 1,189 | $75,833 | $213,600 | $842 |
| Winslow | 338 | $55,156 | $111,800 | $877 |
| Albany | 1,063 | $72,649 | $173,200 | $859 |
| South Wayne | 441 | $75,139 | $130,600 | $788 |
| Brodhead | 3,197 | $49,583 | $168,800 | $680 |
More for people moving to Monroe
Monroe ZIP code ›Weather and climate ›Living in Monroe: FAQ
What is the median household income in Monroe, WI?
The median household income in Monroe is $69,334, 11% lower than the Wisconsin median of $77,485 (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 $195,300, compared with $266,500 in Wisconsin.
How much is rent in Monroe?
The median gross rent in Monroe is $862 per month, about 23% of household income.
Is Monroe, WI a good place to live?
Pluses: home values 27% lower than the state median; an average commute of 18 minutes; a poverty rate of 8.9%. Minuses: median household income 11% lower than the Wisconsin median; unemployment of 4.3%.
What is the median age in Monroe?
The median age in Monroe is 42.5 years (Wisconsin: 40.2).
How long is the commute in Monroe?
The average commute to work in Monroe is 18 minutes; 12.1% of workers work from home.
What is the unemployment rate in Monroe?
The unemployment rate in Monroe is 4.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Monroe?
27.3% 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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