What is the median home price in Monroe?

The median home price in Monroe, Monroe city, North Carolina is $234,300, which is 17% below the national average of 281,900 ($281,900).

Monroe, Monroe city, North Carolina has a violent crime rate of 1.6 per 1,000 residents, which is 56% below the national average, making it relatively safe. The national average is 3.6 per 1,000 residents. The property crime rate is 9.4 per 1,000 residents.

What is the median household income in Monroe?

The median household income in Monroe, Monroe city, North Carolina is $63,982, which is 14% below the national average of 74,580 ($74,580).

What is the average rent in Monroe?

The median rent in Monroe, Monroe city, North Carolina is $1,115 per month. The national average median rent is $1,163/month.

What is the population of Monroe?

The population of Monroe, Monroe city, North Carolina is approximately 34,897. The homeownership rate is 59.5% (national average: 65.9%).

What is the unemployment rate in Monroe?

The unemployment rate in Monroe, Monroe city, North Carolina is 6.2%. The national average unemployment rate is 3.7%. The poverty rate is 11.7% (national average: 12.4%).

Monroe

Monroe city, North Carolina

Affordable

About Monroe

Monroe, North Carolina, offers a refreshing alternative to the frenetic pace of larger cities, all while staying connected to the vibrant Charlotte metro area. Imagine life where your dollar stretches further; the median home value here is a comfortable $234,300, significantly lower than the national average. This affordability is a cornerstone of Monroe's appeal, allowing residents to enjoy a higher quality of life. The town exudes a friendly, small-town charm, perfect for those seeking a close-knit community vibe without sacrificing access to modern conveniences.

From an investment standpoint, Monroe presents a compelling case. While the median household income of $63,982 is slightly below the national figure, the lower cost of living more than compensates. The housing market is stable, and the town's steady population growth indicates continued demand. Monroe is an excellent choice for first-time homebuyers, young families, and anyone looking for a safe, affordable place to call home. With its balance of affordability, community spirit, and proximity to Charlotte, Monroe offers a lifestyle that's hard to beat.

Monroe, North Carolina at a Glance

Monroe is a city in Monroe city, North Carolina with a population of approximately 34,897. The median home value is $234,300 and the median household income is $63,982.. The violent crime rate is 1.6 per 1,000 residents, which is 56% below the national average.. Median rent is $1,115 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.