Moving to Monroe
What you need to know before relocating to Monroe, Louisiana. Data-driven insights on housing, jobs, safety, and quality of life.
Is Monroe a Good Place to Live?
Monroe presents a mixed picture. Prospective residents should weigh the tradeoffs carefully. Key considerations: median household income ($50,286) trails the national median; violent crime rate (548/100k) exceeds the national average.
Monroe at a Glance
Cost of Living in Monroe
The median rent in Monroe is $936/month, while the median home value is $175,700. With a median household income of $50,286, residents spend roughly 22% of monthly income on rent.
Overall, the Monroe metro area is classified as very affordable compared to other US metros.
Job Market
Monroe has a median household income of $50,286, which is 33% below the national median. The local unemployment rate is 4.2%, compared to the national average of 3.7%.
Safety in Monroe
The violent crime rate in Monroe is 548 per 100,000 residents, which is 44% above the national average of 380.
Property crime rate: 2630 per 100,000 residents.
Education in Louisiana
Louisiana has a high school graduation rate of 87% and per-pupil spending of $13,760/year. The student-to-teacher ratio is 15:1.
29% of Louisiana adults hold a bachelor's degree or higher.
Healthcare Access
Louisiana has 276 physicians per 100,000 residents, a 11.4% uninsured rate, and 3.3 hospital beds per 1,000 people. Life expectancy in Louisiana is 74.9 years.
Pros and Cons of Living in Monroe
+Pros
- ✓Rent ($936/mo) is below the national average
- ✓Home prices ($175,700) are well below the US median
-Cons
- ✗Median household income ($50,286) trails the national median
- ✗Violent crime rate (548/100k) exceeds the national average
- ✗Longer-than-average commute (85010 min)
Frequently Asked Questions
Is Monroe a good place to live?⌄
Monroe has both advantages and drawbacks. Prospective residents should weigh median household income ($50,286) trails the national median and violent crime rate (548/100k) exceeds the national average against other lifestyle factors.
What is the cost of living in Monroe?⌄
The median rent in Monroe is $936/month and the median home value is $175,700. The median household income is $50,286. Overall the metro is considered very affordable.
Is Monroe safe?⌄
Monroe has a violent crime rate of 548 incidents per 100,000 residents. The national average is approximately 380 per 100,000.
What is the job market like in Monroe?⌄
Monroe has an unemployment rate of 4.2%, compared to the national average of 3.7%. The median household income is $50,286.