Monroe, SD
Population 239 · South Dakota
About Monroe, SD
Monroe is a small community in South Dakota with a population of 239 residents. The median household income is $37,031 per year, which is below the national average. The median age in Monroe is 33.8 years.
Housing in Monroe has a median home value of $46,500 and median monthly rent of $697. Of the 143 total housing units, the majority are owner-occupied, with 94 owner-occupied and 33 renter-occupied units.
The unemployment rate in Monroe is 0.7% and the poverty rate is 21.5%. 14.4% of residents hold a bachelor's degree or higher. The average commute time is 30.1 minutes.
How Monroe Ranks in South Dakota
Cost of Living in Monroe, SD
Compared to national averages, Monroe has a median household income of $37,031 (51% below the national median of $75,149). Home values average $46,500, which is 81% below the national median. Monthly rent at $697 is 40% below the US average of $1,163. Within South Dakota, Monroe's income is 43% below the state average of $64,650, and home values are 68% below the state median of $143,757.
Why Live in Monroe, SD?
Monroe offers affordable housing with a median home value of $46,500, below the US average of $244,900, and rent that’s lower than the national average at $697/month, and a strong job market with an unemployment rate of just 0.7%.
Potential considerations include median household income ($37,031) 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 239 with a median age of 33.8 years. Compare Monroe with other cities to see how it stacks up, or explore all cities in South Dakota.
Similar Cities Near Monroe
Cities in South Dakota with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Doland | 237 | $62,604 | $52,600 | Compare |
| New Effington | 236 | $48,558 | $56,700 | Compare |
| Egan | 235 | $60,278 | $79,400 | Compare |
| Pine Lakes Addition | 243 | $192,813 | $567,000 | Compare |
| Bristol | 245 | $51,250 | $61,700 | Compare |
| Henry | 246 | $27,254 | $85,100 | Compare |
| South Shore | 232 | $56,667 | $82,800 | Compare |
| White Horse | 230 | $39,063 | $156,500 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in South Dakota
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, SD?
The population of Monroe, SD is 239 according to the latest Census data.
What is the median household income in Monroe?
The median household income in Monroe, SD is $37,031 per year.
What is the median home value in Monroe?
The median home value in Monroe, SD is $46,500.
What is the average rent in Monroe?
The median monthly rent in Monroe, SD is $697.
What is the unemployment rate in Monroe?
The unemployment rate in Monroe, SD is 0.7%.