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Monroe, Washington

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
19,755
Population
$110,461
Median Income
$668,400
Home Value
35.7
Median Age

Demographics

Monroe has a population of 19,755 with a median age of 35.7. Here is the racial and ethnic breakdown of the population:

White
68.0%
Hispanic
17.6%
Asian
9.7%
Black
3.6%
Other
1.1%
Demographic Value
Total Population19,755
Median Age35.7
White68.0%
Black or African American3.6%
Asian9.7%
Hispanic or Latino17.6%
Other / Two or More Races1.1%
Monroe, Washington — racial composition (Census ACS 2024)Donut chart of 5 segments totaling 100.White: 68.0%Hispanic/Latino: 17.6%Asian: 9.7%Black: 3.6%Other: 1.1%19,755PopulationWhiteWhite68.0%Hispanic/LatinoHispanic/Latino17.6%AsianAsian9.7%BlackBlack3.6%OtherOther1.1%

Income & Economy

The median household income in Monroe is $110,461, which is 37.0% above the national median of $80,610. The per capita income is $43,626. The poverty rate is 7.3%.

$110,461
Median Household Income
$43,626
Per Capita Income
7.3%
Poverty Rate

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Education

In Monroe, 91.3% of residents age 25+ have a high school diploma or higher, and 30.0% hold a bachelor's degree or higher (9.3% with a graduate or professional degree).

HS Diploma+
91.3%
Bachelor's+
30.0%
Graduate+
9.3%
Education Level % of Adults (25+)
High School Diploma or Higher91.3%
Bachelor's Degree or Higher30.0%
Graduate or Professional Degree9.3%

Housing

The median home value in Monroe is $668,400, above the national median of $303,400. The median monthly rent is $1,950. The homeownership rate is 71.5%.

$668,400
Median Home Value
$1,950/mo
Median Rent
71.5%
Homeownership Rate
Housing Metric Value
Median Home Value$668,400
Median Monthly Rent$1,950
Homeownership Rate71.5%
Vacancy Rate1.4%

Salaries in Washington

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Frequently Asked Questions

What is the population of Monroe, Washington?
The population of Monroe, Washington is 19,755 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Monroe, Washington?
The median household income in Monroe, Washington is $110,461. This is 37.0% above the national median of $80,610.
What is the median home value in Monroe, Washington?
The median home value in Monroe, Washington is $668,400. The median monthly rent is $1,950.
What percentage of people in Monroe have a college degree?
In Monroe, Washington, 30.0% of adults age 25 and older hold a bachelor's degree or higher, and 91.3% have a high school diploma or higher.
Is Monroe, Washington an affordable place to live?
The home price-to-income ratio in Monroe, Washington is 6.1x (median home value $668,400 vs. median income $110,461), making it relatively expensive by that measure. A ratio under 4.0 is generally considered affordable.

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