Monroe, NC Profile: Facts & Data

Advertisement

Monroe Local Links & Resources:
Resources | ALL Monroe Content
Planning to visit Monroe? See Local Hotels

Also See Monroe, NC: ZIP Codes & Maps

Monroe, North Carolina - Basic Facts

The City of Monroe had a population of 36,277 as of July 1, 2023. Monroe ranks in the upper quartile for Population Density and Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in North Carolina. See peer rankings below.

The primary coordinate point for Monroe is located at latitude 34.9854 and longitude -80.5495 in Union County. The formal boundaries for the City of Monroe encompass a land area of 29.76 sq. miles and a water area of 0.63 sq. miles. Union County is in the Eastern time zone (GMT -5).

The City of Monroe has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

The City of Monroe is located within Township of Monroe, a minor civil division (MCD) of Union County.


Jump to... (On This Page!)
  1. Monroe 2023 Demographic Data
  2. Growth Rates for Monroe (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. North Carolina Research Tools (Easy Tools & Current Data)
  3. North Carolina Data Comparison Tool - 2023 Demographics
Advertisement

Monroe, NC Data & Demographics (As of July 1, 2023)

POPULATION

Total Population 36,277 (100%)
Population in Households 35,694 (98.4%)
Population in Families 29,624 (81.7%)
Population in Group Quarters1 583 ( 1.6%)
Population Density 1,173
Diversity Index2 82
 
 

INCOME

Median Household Income $63,393
Average Household Income $86,800
% of Income for Mortgage4 27%
Per Capita Income $30,709
Wealth Index5 70
Socioeconomic Status Index6 Low (43.6)
 

HOUSING

Total HU (Housing Units) 13,646 (100%)
Owner Occupied HU 8,041 (58.9%)
Renter Occupied HU 4,782 (35.0%)
Vacant Housing Units 823 ( 6.0%)
Median Home Value $288,738
Average Home Value $338,248
Housing Affordability Index3 91
 

HOUSEHOLDS

Total Households 12,823
Average Household Size 2.78
Family Households 8,934
Average Family Size 3.00
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
  6. The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR

2020-2023 2023-2028
Population 1.38% 0.68%
Households 1.49% 0.66%
Families   0.64%
Median Household Income   3.84%
Per Capita Income   3.26%
Owner Occupied HU   1.01%

Monroe, NC - Peer Comparisons by Rank and Percentile

The table below compares Monroe to the other 776 incorporated cities, towns and CDPs in North Carolina by rank and percentile using July 1, 2023 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 29 96th
Population Density # 160 80th
Median Household Income # 231 70th
Housing Affordability Index # 210 27th
Per Capita Income # 367 53rd
Diversity Index # 14 98th

Additional comparisons and rankings can be made with a VERY EASY TO USE North Carolina Census Data Comparison Tool.

Monroe, NC - Most Popular Things to Do

Also See: Nearby Hotels | Driving Directions

Use HTL Address Research for a North Carolina Address and get...

Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, county, ZIP Code, and school zone. July 1, 2023, data includes home values, household income, percentage of homes owned, rented or vacant, etc.


Quick & Easy Ways to...

  1. Get Current Demographic Data for Cities, Towns, and ZIP Codes
  2. View Boundary Maps, for Cities, Towns, and ZIP Codes
  3. Locate Physical, Cultural, and Historical Features

North Carolina Census Data Comparison Tool

Compare North Carolina July 1, 2023 Data
Data:
Locations:
Highest or Lowest:
Results:
Advertisement