Monroe County, IN

Comprehensive housing, income, and cost of living data for Monroe County, Indiana. Population: 140.1K.

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Median Home Price

$315.6K

Based on 6 cities

Median Household Income

$63.4K

Annual household income

Price-to-Income Ratio

5.0x

Moderately affordable

Salary Needed to Buy

$80.6K

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

Housing & Finance

Annual Property Tax

$1,837

Average annual amount

Effective Tax Rate

0.58%

Property tax / home value

Monthly Housing Costs

Mortgage (P&I)$1,596

Property Tax$153

Insurance$132

Total Monthly$1,881

Historical Home Prices

2015

$158.2K

2016

$166.8K

+5.4%%

2017

$177.2K

+6.2%%

2018

$189.3K

+6.9%%

2019

$205.6K

+8.6%%

2020

$227.1K

+10.5%%

2021

$254.7K

+12.1%%

2022

$275.9K

+8.3%%

2023

$281.9K

+2.2%%

2024

$294.2K

+4.4%%

2025

$300.5K

+2.1%%

Source: County price history data via Zillow ZHVI

Demographics & Economics

Unemployment Rate

3.3%%

Below national average

Population Density

355

People per square mile

Homicide Rate

3.0

Low (per 100K residents)

Political Lean (2020)

Competitive

D+0

Racial Demographics

White

81.6%

Black

3.5%

Hispanic

4.6%

Asian

6.6%

Two or More Races

3.3%

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

Climate & Environment

Average Temperature

53°F

Annual average

Sunny Days

151

Days per year

Annual Rainfall

47.1"

Inches per year

Natural Disaster Risk

High Risk

Score: 76/100

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