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Monroe, Wisconsin

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
10,587
Population
$69,334
Median Income
$195,300
Home Value
42.5
Median Age

Demographics

Monroe has a population of 10,587 with a median age of 42.5. Here is the racial and ethnic breakdown of the population:

White
91.9%
Hispanic
7.8%
Asian
1.2%
Black
0.7%
Demographic Value
Total Population10,587
Median Age42.5
White91.9%
Black or African American0.7%
Asian1.2%
Hispanic or Latino7.8%
Monroe, Wisconsin — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 102.White: 90.5%Hispanic/Latino: 7.7%Other: 1.9%10,587PopulationWhiteWhite90.5%Hispanic/LatinoHispanic/Latino7.7%OtherOther1.9%

Income & Economy

The median household income in Monroe is $69,334, which is 14.0% below the national median of $80,610. The per capita income is $42,330. The poverty rate is 8.9%.

$69,334
Median Household Income
$42,330
Per Capita Income
8.9%
Poverty Rate

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Education

In Monroe, 91.5% of residents age 25+ have a high school diploma or higher, and 27.3% hold a bachelor's degree or higher (7.6% with a graduate or professional degree).

HS Diploma+
91.5%
Bachelor's+
27.3%
Graduate+
7.6%
Education Level % of Adults (25+)
High School Diploma or Higher91.5%
Bachelor's Degree or Higher27.3%
Graduate or Professional Degree7.6%

Housing

The median home value in Monroe is $195,300, below the national median of $303,400. The median monthly rent is $862. The homeownership rate is 63.1%.

$195,300
Median Home Value
$862/mo
Median Rent
63.1%
Homeownership Rate
Housing Metric Value
Median Home Value$195,300
Median Monthly Rent$862
Homeownership Rate63.1%
Vacancy Rate3.6%

Salaries in Wisconsin

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Frequently Asked Questions

What is the population of Monroe, Wisconsin?
The population of Monroe, Wisconsin is 10,587 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Monroe, Wisconsin?
The median household income in Monroe, Wisconsin is $69,334. This is 14.0% below the national median of $80,610.
What is the median home value in Monroe, Wisconsin?
The median home value in Monroe, Wisconsin is $195,300. The median monthly rent is $862.
What percentage of people in Monroe have a college degree?
In Monroe, Wisconsin, 27.3% of adults age 25 and older hold a bachelor's degree or higher, and 91.5% have a high school diploma or higher.
Is Monroe, Wisconsin an affordable place to live?
The home price-to-income ratio in Monroe, Wisconsin is 2.8x (median home value $195,300 vs. median income $69,334), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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