Monroe, MI
Population 20,330 · Michigan
About Monroe, MI
Monroe is a mid-sized city in Michigan with a population of 20,330 residents. The median household income is $59,532 per year, which is near the national average. The median age in Monroe is 36.9 years.
Housing in Monroe has a median home value of $161,500 and median monthly rent of $898. Of the 9,013 total housing units, the majority are owner-occupied, with 5,779 owner-occupied and 2,746 renter-occupied units.
The unemployment rate in Monroe is 6.8% and the poverty rate is 18.3%. 21.5% of residents hold a bachelor's degree or higher. The average commute time is 22.4 minutes.
Cost of Living in Monroe, MI
Compared to national averages, Monroe has a median household income of $59,532 (21% below the national median of $75,149). Home values average $161,500, which is 34% below the national median. Monthly rent at $898 is 23% below the US average of $1,163. Within Michigan, Monroe's income is 10% below the state average of $66,017, and home values are 12% below the state median of $183,391.
Why Live in Monroe, MI?
Monroe offers affordable housing with a median home value of $161,500, below the US average of $244,900, and rent that’s lower than the national average at $898/month, and short commute times averaging just 22.4 minutes.
Potential considerations include median household income ($59,532) that falls below the national average. However, Monroe’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Monroe has a population of 20,330 with a median age of 36.9 years. Compare Monroe with other cities to see how it stacks up, or explore all cities in Michigan.
Similar Cities Near Monroe
Cities in Michigan with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Adrian | 20,493 | $42,851 | $119,900 | Compare |
| Marquette | 20,691 | $55,825 | $254,100 | Compare |
| Ypsilanti | 19,937 | $44,141 | $223,700 | Compare |
| Cutlerville | 19,465 | $65,833 | $200,900 | Compare |
| Mount Pleasant | 21,420 | $39,924 | $168,700 | Compare |
| Ferndale | 19,156 | $91,732 | $233,600 | Compare |
| Birmingham | 21,612 | $153,125 | $712,700 | Compare |
| Haslett | 19,025 | $74,164 | $269,200 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Michigan
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Monroe
What is the population of Monroe, MI?
The population of Monroe, MI is 20,330 according to the latest Census data.
What is the median household income in Monroe?
The median household income in Monroe, MI is $59,532 per year.
What is the median home value in Monroe?
The median home value in Monroe, MI is $161,500.
What is the average rent in Monroe?
The median monthly rent in Monroe, MI is $898.
What is the unemployment rate in Monroe?
The unemployment rate in Monroe, MI is 6.8%.