Monroe City, Indiana Demographics & Population 2026
During the 2020–2024 ACS period, Monroe City, Indiana had a total population of 767, the 415th largest town in Indiana, with a median household income of $56,094, which is 22% lower than the state average. The poverty rate is 28.7%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- More than 1 in 4 residents live below the poverty line (28.7%), well above the national average of 12.4%.
- Near full employment with an unemployment rate of just 0.8%.
Monroe City Quick Facts
How Monroe City Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 816 | 767 | -6.0% |
| Median household income | $70,250 | $56,094 | -20.2% |
| Median home value | $97,500 | $144,800 | +48.5% |
How Monroe City Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 41 | National average: 61
Education
Educational Attainment (Adults 25+)
Monroe City Rankings in Indiana
Explore Indiana Rankings
Other Cities in Knox County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Vincennes | 16,586 | $53,637 | 19.6% | $111,600 |
| Bicknell | 3,017 | $52,188 | 14.2% | $66,300 |
| Oaktown | 860 | $38,333 | 3.6% | $65,200 |
| Freelandville | 807 | $70,236 | 12.8% | $92,000 |
| Bruceville | 446 | $55,000 | 12.1% | $92,700 |
| Wheatland | 349 | $42,344 | 14.9% | $83,300 |
| Sandborn | 339 | $61,125 | 6.2% | $94,400 |
| Edwardsport | 337 | $51,667 | 15.2% | $58,800 |
| Decker | 174 | N/A | 12.1% | $34,700 |
| Ragsdale | 88 | $27,708 | 77.3% | $63,900 |
Cities Similar to Monroe City
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Mentone | 768 | $60,000 | $112,000 | 11.7% | 7.4% |
| Winslow | 759 | $59,464 | $90,900 | 11.7% | 12.3% |
| Boswell | 794 | $56,875 | $104,800 | 9.6% | 33.6% |
| Milltown | 763 | $61,216 | $118,800 | 8.2% | 17.3% |
| Goodland | 792 | $58,370 | $96,100 | 14.5% | 12.9% |
A note before these figures: with a population of 767, Monroe City's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.
Population Overview
Monroe City is a small community located in Indiana, within Knox County. The total population is 767. It ranks as the 415th most populous out of 967 Census-designated places in Indiana.
Age Demographics
The median age in Monroe City is 33.6 years. This is 12% lower than the state median of 38.1 years.
Economy, Income & Housing
The median household income in Monroe City is $56,094. This is 22% lower than the state median of $71,957. It is also 31% lower than the national median of $80,734. The poverty rate stands at 28.7%. This is 132% higher than the state poverty rate of 12.3%. With more than one in five residents living below the poverty line, economic hardship is a significant challenge for the community. The unemployment rate is 0.8%. This is 81% lower than the state rate of 4.3%. The median home value is $144,800. Housing costs are 34% lower than the state median of $218,200. With a home-value-to-income ratio of just 2.6x, Monroe City is one of the most affordable housing markets in the area. 62.0% of occupied housing units are owner-occupied. This homeownership rate is 12% lower than the state average of 70.5%.
Race & Ethnicity
Monroe City has a predominantly White (non-Hispanic) population, comprising 96.6% of all residents.
Education
11.9% of residents aged 25 and older hold a bachelor's degree or higher. This is 60% lower than the state rate of 29.5%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 97.6%.
Data Sources & Methodology
All demographic data for Monroe City, Indiana is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. 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. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
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Frequently Asked Questions
What is the population of Monroe City, Indiana?
Monroe City, Indiana has a population of 767 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Monroe City, IN?
The median household income in Monroe City is $56,094, which is 31% lower than the national median of $80,734.
What is the poverty rate in Monroe City, IN?
The poverty rate in Monroe City is 28.7%. This means approximately 220 residents live below the federal poverty line.
What is the racial makeup of Monroe City, Indiana?
Monroe City's population is 96.6% White, 0.0% Black, 0.0% Hispanic/Latino, and 0.0% Asian.
What is the median home value in Monroe City, IN?
The median home value in Monroe City is $144,800. The home-value-to-income ratio is 2.6x.
How educated is Monroe City, Indiana?
11.9% of adults (25+) in Monroe City hold a bachelor's degree or higher, and 2.4% hold a graduate or professional degree.