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ZipNumbers

Indiana · Census place 50580

Monrovia town, IN

Quick answer

Monrovia town has 2,090 residents, ranking #224 of 976 places in Indiana. Median household income is $91,375, the median home is worth $216,500 and median gross rent runs $988 a month.

Population
2,090Monrovia town residents
Median household income
$91,375Past 12 months, inflation adjusted
Median home value
$216,500Owner-occupied units
Median gross rent
$988Rent plus utilities, monthly
Median age
29.6 yrsAll residents
Homeownership rate
92.6%Owner-occupied households

What the numbers mean in Monrovia town

Housing cost measured against local earnings.

A household earning the Monrovia town median would spend about 13% 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 2.4× the median household income; nationally that ratio sits near 4.5×. Poverty affects 6.6% of residents and 92.6% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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