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The total population of Monroe City is estimated to be 867 with 405 males (46.71%) and 462 females (53.29%). There are 57 more females than males in Monroe City.
The median household income in Monroe City was $68,008 in 2021, which marked an an increase of 2,380(3.63%) from $65,628 in 2020. This income is 91.16% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Monroe City sees its highest median household income among householders in the age group of under 25 years old, at $96,317. Overall, the median household income for the town of Monroe City stands at $68,008.
In Monroe City, the median income for all workers aged 15 years and older, regardless of work hours, was $46,404 for males and $31,076 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $46,783 for males and $37,495 for females.
In Monroe City, population is primarily represented by White households, reporting a median income of $67,557.
In 2022, the population of Monroe City was 493, a 0.60% decrease year-by-year from 2021. Previously, in 2021, Monroe City's population was 496, a decline of 0.60% compared to a population of 499 in 2020.
The median age in Monroe City, IN is 33.3, as per 2021 ACS 5-Year Estimates. Of the total population, 26.67% were under the age of 15, 18.25% aged 15 to 29, 46.67% aged 30 to 64, 7.49% aged 65 to 84, and 0.94% were 85 years of age and older.
Racial distribution of Monroe City population: 98.36% are White and 1.64% are multiracial.