Monroe Center, IL
Population 415 · Illinois
About Monroe Center, IL
Monroe Center is a small community in Illinois with a population of 415 residents. The median household income is $91,563 per year, which is above the national average. The median age in Monroe Center is 40.9 years.
Housing in Monroe Center has a median home value of $148,000 and median monthly rent of $878. Of the 169 total housing units, the majority are owner-occupied, with 140 owner-occupied and 29 renter-occupied units.
The unemployment rate in Monroe Center is 4.0% and the poverty rate is 2.9%. 25.3% of residents hold a bachelor's degree or higher. The average commute time is 30.6 minutes.
Cost of Living in Monroe Center, IL
Compared to national averages, Monroe Center has a median household income of $91,563 (22% above the national median of $75,149). Home values average $148,000, which is 40% below the national median. Monthly rent at $878 is 25% below the US average of $1,163. Within Illinois, Monroe Center's income is 22% above the state average of $75,072, and home values are 11% below the state median of $165,779.
Why Live in Monroe Center, IL?
Monroe Center offers a strong local economy with a median household income of $91,563, well above the national average, and affordable housing with a median home value of $148,000, below the US average of $244,900, and rent that’s lower than the national average at $878/month. Additionally, the city features a low poverty rate of 2.9%, better than the national average.
Monroe Center has a population of 415 with a median age of 40.9 years. Compare Monroe Center with other cities to see how it stacks up, or explore all cities in Illinois.
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Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Monroe Center
What is the population of Monroe Center, IL?
The population of Monroe Center, IL is 415 according to the latest Census data.
What is the median household income in Monroe Center?
The median household income in Monroe Center, IL is $91,563 per year.
What is the median home value in Monroe Center?
The median home value in Monroe Center, IL is $148,000.
What is the average rent in Monroe Center?
The median monthly rent in Monroe Center, IL is $878.
What is the unemployment rate in Monroe Center?
The unemployment rate in Monroe Center, IL is 4.0%.