Monroe, IN population, income and ZIP codes

Monroe town is a very small community in Indiana, with 629 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #461 of 976 ranked by population — larger than 52% of them. The median age here is 30 years against 39.1 nationally, a distinctly younger profile, typical of places with students, military posts or a fast-growing family population. At this population the ACS sample is small, so the margin of error around every dollar figure below is wide — treat the numbers as a band, not a point, and expect them to move between annual releases without the place itself changing.

Households in Monroe town earn a median of $70,000 a year, 10.9% below the national figure of $78,538 and 14% above the $61,527 median for the 355 Indiana cities we cover. This figure covers the household, not the worker: two people on ordinary wages at one address outrank a single professional in the same table. Poverty reaches 11.3% of residents here, below the 12.4% national rate.

The typical owner-occupied home in Monroe town is valued at $145,300, 52.1% below the national figure and within a couple of points of the $145,600 peer median, while median gross rent runs $670 a month, 52.3% below the national figure, or roughly $8,040 across a full year. A household on the local median income would put about 11.5% of gross pay toward that rent against the federal 30% cost-burden threshold, so renting here is cheap relative to what people here earn. The home-price-to-income ratio works out to 2.1×, against roughly 3.9× nationally, so purchase prices are unusually low against local pay, the pattern in places where supply is plentiful and wage growth has been flat. 79.1% of occupied homes are owner-occupied versus 65% nationally, so the market leans toward owners. Rent is reported gross — contract rent plus tenant-paid utilities — which is why it runs above the advertised price on a listing for the same unit.

A median age of 30 means a large student or early-career population; income medians in places like this understate household resources, since many residents are supported from outside the address. With 629 residents, a handful of survey responses moves every median on this page. Compare Monroe town against its county rather than against national figures.

Every value on this page is published directly by the Census for this area — nothing is modelled or interpolated. Small-area estimates still carry wider margins of error than state or national figures, so check the linked ACS tables before relying on them for lending, appraisal or legal work.