Monrovia, MD
Population 2,924 · Maryland
About Monrovia, MD
Monrovia is a small community in Maryland with a population of 2,924 residents. The median household income is $234,712 per year, which is above the national average. The median age in Monrovia is 39.4 years.
Housing in Monrovia has a median home value of $761,600 and median monthly rent of $0. Of the 915 total housing units, the majority are owner-occupied, with 862 owner-occupied and 10 renter-occupied units.
The unemployment rate in Monrovia is 0.8% and the poverty rate is 0.0%. 71.5% of residents hold a bachelor's degree or higher. The average commute time is 39.6 minutes.
How Monrovia Ranks in Maryland
Cost of Living in Monrovia, MD
Compared to national averages, Monrovia has a median household income of $234,712 (212% above the national median of $75,149). Home values average $761,600, which is 211% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Maryland, Monrovia's income is 117% above the state average of $107,956, and home values are 89% above the state median of $402,447.
Why Live in Monrovia, MD?
Monrovia offers a strong local economy with a median household income of $234,712, well above the national average, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.8%. Additionally, the city features a well-educated community where 71.5% of residents hold a bachelor’s degree or higher, and a low poverty rate of 0.0%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $761,600. However, Monrovia’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Monrovia has a population of 2,924 with a median age of 39.4 years. Compare Monrovia with other cities to see how it stacks up, or explore all cities in Maryland.
Similar Cities Near Monrovia
Cities in Maryland with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Jefferson | 2,891 | $145,664 | $479,400 | Compare |
| Gambrills | 2,862 | $151,667 | $584,400 | Compare |
| Emmitsburg | 2,855 | $78,986 | $300,900 | Compare |
| Federalsburg | 2,818 | $35,432 | $125,200 | Compare |
| Maugansville | 3,057 | $75,840 | $284,200 | Compare |
| Smithsburg | 3,069 | $86,065 | $317,600 | Compare |
| Andrews AFB | 3,075 | $91,905 | $0 | Compare |
| North Beach | 2,769 | $81,500 | $368,800 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Maryland
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, MD?
The population of Monrovia, MD is 2,924 according to the latest Census data.
What is the median household income in Monrovia?
The median household income in Monrovia, MD is $234,712 per year.
What is the median home value in Monrovia?
The median home value in Monrovia, MD is $761,600.
What is the average rent in Monrovia?
The median monthly rent in Monrovia, MD is $0.
What is the unemployment rate in Monrovia?
The unemployment rate in Monrovia, MD is 0.8%.