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The total population of Monrovia is estimated to be 1,574 with 726 males (46.12%) and 848 females (53.88%). There are 122 more females than males in Monrovia.
The median household income in Monrovia was $89,265 in 2021, which marked an a decrease of 2,136(2.34%) from $91,401 in 2020. This income is 119.65% 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, Monrovia sees its highest median household income among householders in the age group of 45 to 64 years old, at $103,497. Overall, the median household income for the town of Monrovia stands at $89,265.
In Monrovia, the median income for all workers aged 15 years and older, regardless of work hours, was $53,505 for males and $38,569 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $62,040 for males and $57,559 for females.
In Monrovia, there are just two different racial groups among households. Among these, White households report a median household income of $91,067, while Two or More Races households have a median household income of $50,208.
In 2022, the population of Monrovia was 1,954, a 13.67% increase year-by-year from 2021. Previously, in 2021, Monrovia's population was 1,719, an increase of 1.84% compared to a population of 1,688 in 2020.
The median age in Monrovia, IN is 30.6, as per 2021 ACS 5-Year Estimates. Of the total population, 26.18% were under the age of 15, 23.18% aged 15 to 29, 43.35% aged 30 to 64, 6.95% aged 65 to 84, and 0.34% were 85 years of age and older.
Racial distribution of Monrovia population: 91.07% are White, 1.84% are Black or African American, 0.75% are Asian and 6.34% are multiracial.