Monroe is a city in Louisiana state in USA with a population of 47906 residents.. The poverty rate of Monroe is 36%, which is 157% higher than national average. The typical household in Monroe earns $31926 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 3 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 5 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 67% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Monroe, only 87% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Monroe remained 7.9%, which is 68% higher than national rate. Nearly 2 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Monroe, only 26% of adults have a bachelor's degree and 27% have some college but no degree.

Cost of living in Monroe is 84, which is 16% lower than national average. Median home value in Monroe is $150000 , which is 35% lower than national average. While median income in Monroe remained $31926, which is 53% lower than national average.