Monroe County, GA

Comprehensive housing, income, and cost of living data for Monroe County, Georgia. Population: 28.3K.

Median Home Price
$308.6K

Based on 3 cities

Median Household Income
$82.9K

Annual household income

Price-to-Income Ratio
3.7x

Moderately affordable

Salary Needed to Buy
$78.3K

30-yr mortgage, 6.5% rate, 20% down

Housing & Finance

Annual Property Tax
$1,669

Average annual amount

Effective Tax Rate
0.54%

Property tax / home value

Monthly Housing Costs
Mortgage (P&I)$1,560
Property Tax$139
Insurance$129
Total Monthly$1,828
Historical Home Prices
2015
$183.7K
2016
$184.8K
+0.6%%
2017
$192.7K
+4.3%%
2018
$200.3K
+4.0%%
2019
$218.1K
+8.9%%
2020
$239.4K
+9.8%%
2021
$270.1K
+12.8%%
2022
$291.3K
+7.8%%
2023
$299.1K
+2.7%%
2024
$313.5K
+4.8%%
2025
$320.1K
+2.1%%
Source: County price history data via Zillow ZHVI

Demographics & Economics

Unemployment Rate
3.0%%

Below national average

Population Density
71

People per square mile

Homicide Rate
6.7

Low (per 100K residents)

Political Lean (2020)
Competitive

R+0

Racial Demographics

White
72.1%
Black
21.6%
Hispanic
2.7%
Asian
1.1%
Two or More Races
2.2%

Source: Census ACS 2023. Hispanic/Latino ethnicity counted separately from race.

Climate & Environment

Average Temperature
63°F

Annual average

Sunny Days
234

Days per year

Annual Rainfall
47.5"

Inches per year

Natural Disaster Risk
Low Risk

Score: 19/100

Frequently Asked Questions

What is the median home price in Monroe County, GA?

The median home price in Monroe County, Georgia is $308.6K. The price-to-income ratio is 3.7x, meaning the median home costs 3.7 times the median household income.

What salary do you need to buy a home in Monroe County?

Based on a 30-year mortgage at 6.5% with 20% down and the 28% debt-to-income rule, you need approximately $78.3K per year to buy the median home in Monroe County, GA. Monthly housing costs break down to $1,560 for mortgage, $139 for property tax, and $129 for insurance.

What is the property tax rate in Monroe County?

The effective property tax rate in Monroe County is 0.54%, which comes to approximately $1,669 per year on the median home.

What is the median household income in Monroe County?

The median household income in Monroe County, Georgia is $82.9K per year, based on Census Bureau American Community Survey data. The unemployment rate is 3.0%%.

Is Monroe County a good place to live?

Monroe County, Georgia has a population of 28.3K. Housing affordability is strong with a price-to-income ratio of 3.7x. The climate averages 63 degrees F with 234 sunny days per year. Compare Monroe County with other areas using our cost of living tools to find the best fit for your budget and lifestyle.