Indiana · Census place 50202
Monroe town, IN
Quick answer
Monroe town has 629 residents, ranking #461 of 976 places in Indiana. Median household income is $70,000, the median home is worth $145,300 and median gross rent runs $670 a month.
- Population
- 629Monroe town residents
- Median household income
- $70,000Past 12 months, inflation adjusted
- Median home value
- $145,300Owner-occupied units
- Median gross rent
- $670Rent plus utilities, monthly
- Median age
- 30 yrsAll residents
- Homeownership rate
- 79.1%Owner-occupied households
What the numbers mean in Monroe town
Housing cost measured against local earnings.
A household earning the Monroe town median would spend about 11.5% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 2.1× the median household income; nationally that ratio sits near 4.5×. Poverty affects 11.3% of residents and 79.1% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Indiana.
- La Crosse town 640
- Francisco town 635
- Milroy CDP 629
- Fairland town 626
- Everton CDP 624
- Lizton town 620
- Knightsville town 612
Keep going
More Indiana coverage.