Is Monroe, Michigan a Good Place To Live? - Living In Monroe, MI

Is Monroe, Michigan a good place to live?
Monroe is a city in Michigan state in USA with a population of 19543 residents.. The poverty rate of Monroe is 17.2%, which is 23% higher than national average. The typical household in Monroe earns $53068 a year, compared to the national median of $67,500. Nearly 47.9% 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 90% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Monroe remained 6.6%, which is 40% higher than national rate. Nearly 1 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 20% of adults have a bachelor's degree and 37% have some college but no degree.

Cost of living in Monroe is 90, which is 10% lower than national average. Median home value in Monroe is $131900 , which is 43% lower than national average. While median income in Monroe remained $53068, which is 21% lower than national average.
Population
19543
Unemployment
6.6%
40% NAT AVG.
Poverty
17.2%
23% NAT AVG.
Overall Score
6
Median Home Cost
$131900
43% NAT AVG.
Median Income
$53068
21% NAT AVG.
Median Rent
$757
35% NAT AVG.
Cost Of Living
90
10% NAT AVG.
People Living BPL
1 in 6
Unemployed People
1 in 15
People Earning < $10,000
1 in 11
People Earning < $50,000
47.9%
People with <= High School
1 in 2.3
People With Any Degree
1 in 3.2
Pros & Cons Overview

Jobs60%

Housing60%

Affordability80%

Safety85%

Amenities85%

Diversity60%

Education70%

Commute85%