Monon, IN
Population 1,764 · Indiana
About Monon, IN
Monon is a small community in Indiana with a population of 1,764 residents. The median household income is $52,569 per year, which is near the national average. The median age in Monon is 27.6 years.
Housing in Monon has a median home value of $84,600 and median monthly rent of $941. Of the 661 total housing units, the majority are owner-occupied, with 393 owner-occupied and 182 renter-occupied units.
The unemployment rate in Monon is 7.1% and the poverty rate is 16.1%. 7.7% of residents hold a bachelor's degree or higher. The average commute time is 22 minutes.
Cost of Living in Monon, IN
Compared to national averages, Monon has a median household income of $52,569 (30% below the national median of $75,149). Home values average $84,600, which is 65% below the national median. Monthly rent at $941 is 19% below the US average of $1,163. Within Indiana, Monon's income is 24% below the state average of $69,330, and home values are 48% below the state median of $163,409.
Why Live in Monon, IN?
Monon offers affordable housing with a median home value of $84,600, below the US average of $244,900, and rent that’s lower than the national average at $941/month, and short commute times averaging just 22 minutes.
Potential considerations include median household income ($52,569) that falls below the national average. However, Monon’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Monon has a population of 1,764 with a median age of 27.6 years. Compare Monon with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near Monon
Cities in Indiana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Aberdeen | 1,761 | $97,344 | $344,500 | Compare |
| Dunkirk | 1,760 | $46,250 | $65,000 | Compare |
| Kentland | 1,759 | $56,442 | $103,200 | Compare |
| Haubstadt | 1,754 | $72,104 | $220,000 | Compare |
| Milan | 1,775 | $54,688 | $136,400 | Compare |
| Clermont | 1,740 | $81,979 | $192,400 | Compare |
| Frankton | 1,789 | $64,500 | $120,200 | Compare |
| French Lick | 1,790 | $54,412 | $79,600 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Indiana
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Monon
What is the population of Monon, IN?
The population of Monon, IN is 1,764 according to the latest Census data.
What is the median household income in Monon?
The median household income in Monon, IN is $52,569 per year.
What is the median home value in Monon?
The median home value in Monon, IN is $84,600.
What is the average rent in Monon?
The median monthly rent in Monon, IN is $941.
What is the unemployment rate in Monon?
The unemployment rate in Monon, IN is 7.1%.