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Monroe Center, Illinois

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
369
Population
$93,056
Median Income
$164,700
Home Value
40.1
Median Age

Demographics

Monroe Center has a population of 369 with a median age of 40.1. Here is the racial and ethnic breakdown of the population:

White
94.6%
Hispanic
5.7%
Demographic Value
Total Population369
Median Age40.1
White94.6%
Asian0.3%
Hispanic or Latino5.7%
Monroe Center, Illinois — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 101.White: 94.0%Hispanic/Latino: 5.7%Other: 0.3%369PopulationWhiteWhite94.0%Hispanic/LatinoHispanic/Latino5.7%OtherOther0.3%

Income & Economy

The median household income in Monroe Center is $93,056, which is 15.4% above the national median of $80,610. The per capita income is $43,459. The poverty rate is 4.9%.

$93,056
Median Household Income
$43,459
Per Capita Income
4.9%
Poverty Rate

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Education

In Monroe Center, 96.9% of residents age 25+ have a high school diploma or higher, and 24.5% hold a bachelor's degree or higher (8.2% with a graduate or professional degree).

HS Diploma+
96.9%
Bachelor's+
24.5%
Graduate+
8.2%
Education Level % of Adults (25+)
High School Diploma or Higher96.9%
Bachelor's Degree or Higher24.5%
Graduate or Professional Degree8.2%

Housing

The median home value in Monroe Center is $164,700, below the national median of $303,400. The median monthly rent is $1,027. The homeownership rate is 81.2%.

$164,700
Median Home Value
$1,027/mo
Median Rent
81.2%
Homeownership Rate
Housing Metric Value
Median Home Value$164,700
Median Monthly Rent$1,027
Homeownership Rate81.2%
Vacancy Rate2.4%

Salaries in Illinois

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Frequently Asked Questions

What is the population of Monroe Center, Illinois?
The population of Monroe Center, Illinois is 369 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Monroe Center, Illinois?
The median household income in Monroe Center, Illinois is $93,056. This is 15.4% above the national median of $80,610.
What is the median home value in Monroe Center, Illinois?
The median home value in Monroe Center, Illinois is $164,700. The median monthly rent is $1,027.
What percentage of people in Monroe Center have a college degree?
In Monroe Center, Illinois, 24.5% of adults age 25 and older hold a bachelor's degree or higher, and 96.9% have a high school diploma or higher.
Is Monroe Center, Illinois an affordable place to live?
The home price-to-income ratio in Monroe Center, Illinois is 1.8x (median home value $164,700 vs. median income $93,056), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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