Monroe, OH
Population 15,024 · Ohio
About Monroe, OH
Monroe is a mid-sized city located in Ohio with a population of 15,024 residents according to the latest US Census Bureau American Community Survey data. The median household income is $103,638 per year, which is 38% above the national median of $75,149. The median age of 36.3 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Monroe features a median home value of $264,000, which is 8% above the national median of $244,900. This positions Monroe in a moderately priced market relative to the rest of the country. Median monthly rent is $1,575, 35% above the national average of $1,163/month. Of the 5,396 total housing units, 76% are owner-occupied (4,059 units) and 24% are renter-occupied (1,253 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Monroe shows an unemployment rate of 2.5%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 3.9%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Monroe have an average one-way commute time of 24.4 minutes.
Education & Demographics
38.9% 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 2.3% White, 0.4% Hispanic or Latino, 0.0% Black or African American, and 2.1% Asian residents, with 3.4% of the population being foreign-born.
Cost of Living in Monroe, OH
Compared to national averages, Monroe has a median household income of $103,638 (38% above the national median of $75,149). Home values average $264,000, which is 8% above the national median. Monthly rent at $1,575 is 35% above the US average of $1,163. Within Ohio, Monroe's income is 44% above the state average of $71,814, and home values are 51% above the state median of $174,449.
Why Live in Monroe, OH?
Monroe offers a strong local economy with a median household income of $103,638, well above the national average, and a strong job market with an unemployment rate of just 2.5%, and a well-educated community where 38.9% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 3.9%, better than the national average, and short commute times averaging just 24.4 minutes.
Monroe has a population of 15,024 with a median age of 36.3 years. Compare Monroe with other cities to see how it stacks up, or explore all cities in Ohio.
Similar Cities Near Monroe
Cities in Ohio with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Vandalia | 15,100 | $76,290 | $186,500 | Compare |
| Worthington | 14,754 | $124,734 | $417,700 | Compare |
| Washington Court House | 14,406 | $55,571 | $148,100 | Compare |
| Middleburg Heights | 15,817 | $78,324 | $213,100 | Compare |
| Powell | 14,229 | $191,250 | $493,500 | Compare |
| Fremont | 15,851 | $50,974 | $115,400 | Compare |
| Willowick | 14,182 | $74,138 | $156,100 | Compare |
| Circleville | 14,144 | $56,225 | $182,400 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Ohio
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, OH?
The population of Monroe, OH is 15,024 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in Ohio.
What is the median household income in Monroe?
The median household income in Monroe, OH is $103,638 per year, which is 38% above the national median of $75,149.
What is the median home value in Monroe?
The median home value in Monroe, OH is $264,000, which is 8% 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, OH is $1,575, which is 35% above the national average of $1,163/month.
What is the unemployment rate in Monroe?
The unemployment rate in Monroe, OH is 2.5%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Monroe, OH a good place to live?
Monroe offers above-average incomes, a competitive housing market, and a strong job market. With a population of 15,024 and a median age of 36.3, the city appeals to a broad range of residents.
How educated is Monroe, OH?
38.9% 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, OH: median home value is $264,000 (8% above national), median rent is $1,575/month, and median household income is $103,638. The home-value-to-income ratio is 2.5x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Monroe?
The poverty rate in Monroe, OH is 3.9%, 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, OH?
Monroe's population is 2.3% White, 0.4% Hispanic or Latino, 0.0% Black or African American, 2.1% Asian, and 4.1% two or more races. 3.4% of residents are foreign-born.