Monrovia town, Indiana Demographics & Population 2026
As of 2026, Monrovia town, Indiana has a total population of 2,090, the 224th largest city in Indiana, with a median household income of $91,375, which is 30% higher than the state average. The poverty rate is 6.6%.
Key Takeaways
- Household income is 30% above the state average — one of the wealthiest communities in Indiana.
- Housing is very affordable with a home-value-to-income ratio of just 2.4x.
- Near full employment with an unemployment rate of just 1.4%.
Monrovia town Quick Facts
How Monrovia town Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
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: 40 | National average: 60
Education
Educational Attainment (Adults 25+)
Monrovia town Rankings in Indiana
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Cities Similar to Monrovia town
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Edgewood town | 2,101 | $85,842 | $173,800 | 35.4% | 4.6% |
| Burns Harbor town | 2,198 | $98,333 | $236,700 | 32.0% | 9.5% |
| Shadeland town | 2,257 | $88,125 | $261,300 | 29.4% | 13.9% |
| Salt Creek Commons CDP | 1,973 | $84,648 | $181,100 | 20.3% | 11.0% |
| Battle Ground town | 1,989 | $104,583 | $268,300 | 52.6% | 4.1% |
Population Overview
Monrovia town is a small community located in Indiana. The total population is 2,090. It ranks as the 224th most populous out of 967 cities and towns in Indiana.
Age Demographics
The median age in Monrovia town is 29.6 years. This is 22% lower than the state median of 38.0 years. With 31.0% of the population under 18, Monrovia town has a notably young demographic profile, suggesting a family-oriented community.
Economy, Income & Housing
The median household income in Monrovia town is $91,375. This is 30% higher than the state median of $70,051. Compared to the national median of $78,538, household income here is 16% higher. The poverty rate stands at 6.6%. This is 46% lower than the state poverty rate of 12.2%. The unemployment rate is 1.4%. This is 67% lower than the state rate of 4.3%. The median home value is $216,500. Housing costs are 7% higher than the state median of $201,600. With a home-value-to-income ratio of just 2.4x, Monrovia town is one of the most affordable housing markets in the area. 92.6% of occupied housing units are owner-occupied. This homeownership rate is 32% higher than the state average of 70.3%.
Race & Ethnicity
The largest racial or ethnic group in Monrovia town is White (non-Hispanic), making up 82.0% of the population. Hispanic or Latino residents account for 3.8%. The Black or African American population (3.7%) is well below the state average of 9.1%. The Hispanic or Latino population (3.8%) is well below the state average of 8.4%.
Education
21.3% of residents aged 25 and older hold a bachelor's degree or higher. This is 26% 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 92.0%.
Data Sources & Methodology
All demographic data for Monrovia 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 Monrovia town, Indiana?
Monrovia town, Indiana has a population of 2,090 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Monrovia town, IN?
The median household income in Monrovia town is $91,375, which is 16% higher the national median of $78,538.
What is the poverty rate in Monrovia town, IN?
The poverty rate in Monrovia town is 6.6%. This means approximately 138 residents live below the federal poverty line.
What is the racial makeup of Monrovia town, Indiana?
Monrovia town's population is 82.0% White, 3.7% Black, 3.8% Hispanic/Latino, and 2.4% Asian.
What is the median home value in Monrovia town, IN?
The median home value in Monrovia town is $216,500. The home-value-to-income ratio is 2.4x.
How educated is Monrovia town, Indiana?
21.3% of adults (25+) in Monrovia town hold a bachelor's degree or higher, and 5.5% hold a graduate or professional degree.