Monroe, NY
Population 9,466 · New York
About Monroe, NY
Monroe is a small town located in New York with a population of 9,466 residents according to the latest US Census Bureau American Community Survey data. The median household income is $110,806 per year, which is 47% above the national median of $75,149. The median age of 32.8 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Monroe features a median home value of $404,200, which is 65% above the national median of $244,900. This places Monroe in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,984, 71% above the national average of $1,163/month. Of the 2,969 total housing units, 82% are owner-occupied (2,372 units) and 18% are renter-occupied (514 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Monroe shows an unemployment rate of 3.9%, which is near the national rate of 3.7%. The poverty rate stands at 9.3%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Monroe have an average one-way commute time of 33.2 minutes.
Education & Demographics
39.7% of Monroe residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 2.8% White, 3.5% Hispanic or Latino, 10.8% Black or African American, and 15.3% Asian residents, with 23.8% of the population being foreign-born.
Cost of Living in Monroe, NY
Compared to national averages, Monroe has a median household income of $110,806 (47% above the national median of $75,149). Home values average $404,200, which is 65% above the national median. Monthly rent at $1,984 is 71% above the US average of $1,163. Within New York, Monroe's income is 14% above the state average of $96,987, and home values are 4% above the state median of $387,181.
Why Live in Monroe, NY?
Monroe offers a strong local economy with a median household income of $110,806, well above the national average, and a well-educated community where 39.7% of residents hold a bachelor’s degree or higher, and a low poverty rate of 9.3%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $404,200. However, Monroe’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Monroe has a population of 9,466 with a median age of 32.8 years. Compare Monroe with other cities to see how it stacks up, or explore all cities in New York.
Similar Cities Near Monroe
Cities in New York with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Springs | 9,489 | $147,277 | $890,000 | Compare |
| Amityville | 9,513 | $103,684 | $539,600 | Compare |
| Greenville CDP (Westchester County), New York | 9,586 | $157,159 | $800,300 | Compare |
| Orange Lake | 9,588 | $94,394 | $330,600 | Compare |
| Ogdensburg | 9,600 | $59,306 | $82,100 | Compare |
| Fredonia | 9,601 | $47,694 | $184,400 | Compare |
| Bohemia | 9,306 | $120,094 | $506,000 | Compare |
| Rensselaer | 9,247 | $66,046 | $202,600 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in New York
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Monroe With Other Cities
Frequently Asked Questions about Monroe
What is the population of Monroe, NY?
The population of Monroe, NY is 9,466 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in New York.
What is the median household income in Monroe?
The median household income in Monroe, NY is $110,806 per year, which is 47% above the national median of $75,149.
What is the median home value in Monroe?
The median home value in Monroe, NY is $404,200, which is 65% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Monroe?
The median monthly rent in Monroe, NY is $1,984, which is 71% above the national average of $1,163/month.
What is the unemployment rate in Monroe?
The unemployment rate in Monroe, NY is 3.9%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Monroe, NY a good place to live?
Monroe offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 9,466 and a median age of 32.8, the city appeals to young professionals and families.
How educated is Monroe, NY?
39.7% of residents in Monroe aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Monroe?
Key cost-of-living indicators for Monroe, NY: median home value is $404,200 (65% above national), median rent is $1,984/month, and median household income is $110,806. The home-value-to-income ratio is 3.6x, a moderate figure by national standards.
What is the poverty rate in Monroe?
The poverty rate in Monroe, NY is 9.3%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Monroe, NY?
Monroe's population is 2.8% White, 3.5% Hispanic or Latino, 10.8% Black or African American, 15.3% Asian, and 10.2% two or more races. 23.8% of residents are foreign-born.