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Monroe, North Carolina

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
36,759
Population
$72,540
Median Income
$309,100
Home Value
35.5
Median Age

Demographics

Monroe has a population of 36,759 with a median age of 35.5. Here is the racial and ethnic breakdown of the population:

White
47.6%
Hispanic
30.9%
Black
19.7%
Asian
1.0%
Other
0.8%
Demographic Value
Total Population36,759
Median Age35.5
White47.6%
Black or African American19.7%
Asian1.0%
Hispanic or Latino30.9%
Other / Two or More Races0.8%
Monroe, North Carolina — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 100.White: 47.6%Hispanic/Latino: 30.9%Black: 19.7%Other: 1.8%36,759PopulationWhiteWhite47.6%Hispanic/LatinoHispanic/Latino30.9%BlackBlack19.7%OtherOther1.8%

Income & Economy

The median household income in Monroe is $72,540, which is 10.0% below the national median of $80,610. The per capita income is $31,089. The poverty rate is 13.3%.

$72,540
Median Household Income
$31,089
Per Capita Income
13.3%
Poverty Rate

Employment

The unemployment rate in Monroe is 3.7%, compared to the national rate of 4.1%.

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Education

In Monroe, 82.6% of residents age 25+ have a high school diploma or higher, and 24.1% hold a bachelor's degree or higher (7.9% with a graduate or professional degree).

HS Diploma+
82.6%
Bachelor's+
24.1%
Graduate+
7.9%
Education Level % of Adults (25+)
High School Diploma or Higher82.6%
Bachelor's Degree or Higher24.1%
Graduate or Professional Degree7.9%

Housing

The median home value in Monroe is $309,100, above the national median of $303,400. The median monthly rent is $1,246. The homeownership rate is 61.6%.

$309,100
Median Home Value
$1,246/mo
Median Rent
61.6%
Homeownership Rate
Housing Metric Value
Median Home Value$309,100
Median Monthly Rent$1,246
Homeownership Rate61.6%
Vacancy Rate6.3%

Salaries in North Carolina

Explore salary data for popular occupations in North Carolina:

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Other Cities in North Carolina

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Frequently Asked Questions

What is the population of Monroe, North Carolina?
The population of Monroe, North Carolina is 36,759 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Monroe, North Carolina?
The median household income in Monroe, North Carolina is $72,540. This is 10.0% below the national median of $80,610.
What is the median home value in Monroe, North Carolina?
The median home value in Monroe, North Carolina is $309,100. The median monthly rent is $1,246.
What percentage of people in Monroe have a college degree?
In Monroe, North Carolina, 24.1% of adults age 25 and older hold a bachelor's degree or higher, and 82.6% have a high school diploma or higher.
Is Monroe, North Carolina an affordable place to live?
The home price-to-income ratio in Monroe, North Carolina is 4.3x (median home value $309,100 vs. median income $72,540), making it moderately affordable by that measure. A ratio under 4.0 is generally considered affordable.

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