Monroe County, IN
Comprehensive housing, income, and cost of living data for Monroe County, Indiana. Population: 140.1K.
Housing & Finance
Demographics & Economics
Racial Demographics
Source: Census ACS 2023. Hispanic/Latino ethnicity counted separately from race.
Climate & Environment
Frequently Asked Questions
What is the median home price in Monroe County, IN?
The median home price in Monroe County, Indiana is $315.6K. The price-to-income ratio is 5.0x, meaning the median home costs 5.0 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 $80.6K per year to buy the median home in Monroe County, IN. Monthly housing costs break down to $1,596 for mortgage, $153 for property tax, and $132 for insurance.
What is the property tax rate in Monroe County?
The effective property tax rate in Monroe County is 0.58%, which comes to approximately $1,837 per year on the median home.
What is the median household income in Monroe County?
The median household income in Monroe County, Indiana is $63.4K per year, based on Census Bureau American Community Survey data. The unemployment rate is 3.3%%.
Is Monroe County a good place to live?
Monroe County, Indiana has a population of 140.1K. Housing affordability is moderate with a price-to-income ratio of 5.0x. The climate averages 53 degrees F with 151 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.