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The total population of Monroe is estimated to be 640 with 314 males (49.06%) and 326 females (50.94%). There are 12 more females than males in Monroe.
The median household income in Monroe was $67,220 in 2021, which marked an a decrease of 1,477(2.15%) from $68,697 in 2020. This income is 90.10% 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 sees its highest median household income among householders in the age group of 25 to 44 years old, at $77,015. Overall, the median household income for the town of Monroe stands at $67,220.
In Monroe, the median income for all workers aged 15 years and older, regardless of work hours, was $46,699 for males and $30,304 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $49,220 for males and $38,339 for females.
In Monroe, population is primarily represented by White households, reporting a median income of $66,206.
In 2022, the population of Monroe was 889, a 0.79% increase year-by-year from 2021. Previously, in 2021, Monroe's population was 882, an increase of 0.11% compared to a population of 881 in 2020.
The median age in Monroe, IN is 28.7, as per 2021 ACS 5-Year Estimates. Of the total population, 28.20% were under the age of 15, 25.98% aged 15 to 29, 37.99% aged 30 to 64, 7.44% aged 65 to 84, and 0.39% were 85 years of age and older.
Racial distribution of Monroe population: 92.04% are White, 2.48% are some other race and 5.48% are multiracial.