Monrovia, IN
Population 2,090 · Indiana
About Monrovia, IN
Monrovia is a small community in Indiana with a population of 2,090 residents. The median household income is $91,375 per year, which is above the national average. The median age in Monrovia is 29.6 years.
Housing in Monrovia has a median home value of $216,500 and median monthly rent of $988. Of the 723 total housing units, the majority are owner-occupied, with 649 owner-occupied and 52 renter-occupied units.
The unemployment rate in Monrovia is 1.4% and the poverty rate is 6.6%. 21.3% of residents hold a bachelor's degree or higher. The average commute time is 36.3 minutes.
Cost of Living in Monrovia, IN
Compared to national averages, Monrovia has a median household income of $91,375 (22% above the national median of $75,149). Home values average $216,500, which is 12% below the national median. Monthly rent at $988 is 15% below the US average of $1,163. Within Indiana, Monrovia's income is 32% above the state average of $69,330, and home values are 32% above the state median of $163,409.
Why Live in Monrovia, IN?
Monrovia offers a strong local economy with a median household income of $91,375, well above the national average, and affordable housing with a median home value of $216,500, below the US average of $244,900, and rent that’s lower than the national average at $988/month. Additionally, the city features a strong job market with an unemployment rate of just 1.4%, and a low poverty rate of 6.6%, better than the national average.
Monrovia has a population of 2,090 with a median age of 29.6 years. Compare Monrovia with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near Monrovia
Cities in Indiana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Rockport | 2,088 | $43,333 | $105,000 | Compare |
| Vevay | 2,087 | $47,014 | $122,100 | Compare |
| North Judson | 2,094 | $59,630 | $128,700 | Compare |
| Flora | 2,100 | $61,458 | $136,700 | Compare |
| Edgewood | 2,101 | $85,842 | $173,800 | Compare |
| West Terre Haute | 2,073 | $49,770 | $72,300 | Compare |
| New Carlisle | 2,110 | $65,625 | $180,100 | Compare |
| Veedersburg | 2,066 | $59,125 | $100,600 | 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 Monrovia
What is the population of Monrovia, IN?
The population of Monrovia, IN is 2,090 according to the latest Census data.
What is the median household income in Monrovia?
The median household income in Monrovia, IN is $91,375 per year.
What is the median home value in Monrovia?
The median home value in Monrovia, IN is $216,500.
What is the average rent in Monrovia?
The median monthly rent in Monrovia, IN is $988.
What is the unemployment rate in Monrovia?
The unemployment rate in Monrovia, IN is 1.4%.