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Monroe town, Indiana Demographics & Population 2026

Very AffordableHome value to income ratio of 2.1x is exceptionally low

As of 2026, Monroe town, Indiana has a total population of 629, the 460th largest city in Indiana, with a median household income of $70,000, which is about average than the state average. The poverty rate is 11.3%.

Key Takeaways

Monroe town Quick Facts

Population 629
Median Household Income $70,000
Median Home Value $145,300
Poverty Rate 11.3%
Unemployment Rate 0.3%
Median Age 30.0 years
Homeownership Rate 79.1%
Affordability Ratio 2.1x
Bachelor's Degree or Higher 20.9%
High School Graduation Rate 93.8%
Diversity Index 13/100
Population 629 460th of 967
Median Income $70,000 above average
Poverty Rate 11.3% 9% lower national
Median Home Value $145,300 average

How Monroe town Compares

Economy & Housing

Employment

0.3% Unemployment Rate State: 4.3% | National: 5.2%
74.0% Labor Force Participation

Housing Overview

Owner 79.1%
Renter 20.9%
Affordability Index Very Affordable
2.1x home value to income ratio

People & Demographics

Diversity Index

13out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 40 | National average: 60

Education

Monroe town Rankings in Indiana

#460 Population of 967
#296 Median Income of 967
#299 Education of 967
#344 Home Value of 967

Other Cities in Washington County

CityPopulationMedian IncomePovertyHome Value
Vernon town 224 $67,188 5.8% $82,500

Cities Similar to Monroe town

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Hillsboro town643$67,750$93,10013.1%11.0%
Everton CDP624$65,341$101,3006.1%3.2%
Pleasant View CDP590N/A$277,80039.3%6.1%
La Crosse town640$63,500$125,00014.6%18.9%
Francisco town635$62,460$103,80016.7%14.5%

Population Overview

Monroe town is a small community located in Indiana, within Washington County. The total population is 629. It ranks as the 460th most populous out of 967 cities and towns in Indiana.

Age Demographics

The median age in Monroe town is 30.0 years. This is 21% lower than the state median of 38.0 years. With 32.6% of the population under 18, Monroe town has a notably young demographic profile, suggesting a family-oriented community.

Economy, Income & Housing

The median household income in Monroe town is $70,000. This is about average than the state median of $70,051. Compared to the national median of $78,538, household income here is 11% lower. The poverty rate stands at 11.3%. This is 7% lower than the state poverty rate of 12.2%. The unemployment rate is 0.3%. This is 93% lower than the state rate of 4.3%. The median home value is $145,300. Housing costs are 28% lower than the state median of $201,600. With a home-value-to-income ratio of just 2.1x, Monroe town is one of the most affordable housing markets in the area. 79.1% of occupied housing units are owner-occupied. This homeownership rate is 12% higher than the state average of 70.3%.

Race & Ethnicity

Monroe town has a predominantly White (non-Hispanic) population, comprising 92.8% of all residents. Hispanic or Latino residents account for 5.6%.

Education

20.9% of residents aged 25 and older hold a bachelor's degree or higher. This is 28% lower than the state rate of 28.8%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 93.8%.

Data Sources & Methodology

All demographic data for Monroe town, Indiana is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Indiana state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 967 Census-designated places in Indiana. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Monroe town, Indiana?

Monroe town, Indiana has a population of 629 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Monroe town, IN?

The median household income in Monroe town is $70,000, which is 11% lower the national median of $78,538.

What is the poverty rate in Monroe town, IN?

The poverty rate in Monroe town is 11.3%. This means approximately 71 residents live below the federal poverty line.

What is the racial makeup of Monroe town, Indiana?

Monroe town's population is 92.8% White, 0.0% Black, 5.6% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Monroe town, IN?

The median home value in Monroe town is $145,300. The home-value-to-income ratio is 2.1x.

How educated is Monroe town, Indiana?

20.9% of adults (25+) in Monroe town hold a bachelor's degree or higher, and 7.5% hold a graduate or professional degree.