Moving to Monroe
What you need to know before relocating to Monroe, Michigan. Data-driven insights on housing, jobs, safety, and quality of life.
Is Monroe a Good Place to Live?
Based on data across cost of living, job market, safety, and education, Monroe compares favorably on multiple dimensions. Highlights include rent ($983/mo) is below the national average; home prices ($245,000) are well below the us median; high school graduation rate of 92%.
Monroe at a Glance
Cost of Living in Monroe
The median rent in Monroe is $983/month, while the median home value is $245,000. With a median household income of $71,506, residents spend roughly 16% of monthly income on rent.
Overall, the Monroe metro area is classified as affordable compared to other US metros.
Job Market
Monroe has a median household income of $71,506, which is 4% below the national median. The local unemployment rate is 4.3%, compared to the national average of 3.7%.
Safety in Monroe
The violent crime rate in Monroe is 457 per 100,000 residents, which is 20% above the national average of 380.
Property crime rate: 1547 per 100,000 residents.
Education in Michigan
Michigan has a high school graduation rate of 92% and per-pupil spending of $16,208/year. The student-to-teacher ratio is 15:1.
35% of Michigan adults hold a bachelor's degree or higher.
Healthcare Access
Michigan has 292 physicians per 100,000 residents, a 6.2% uninsured rate, and 2.8 hospital beds per 1,000 people. Life expectancy in Michigan is 76.9 years.
Pros and Cons of Living in Monroe
+Pros
- ✓Rent ($983/mo) is below the national average
- ✓Home prices ($245,000) are well below the US median
- ✓High school graduation rate of 92%
- ✓Low uninsured rate (6.2%) and good healthcare access
-Cons
- ✗Longer-than-average commute (67410 min)
Frequently Asked Questions
Is Monroe a good place to live?⌄
Monroe, Michigan has several attributes that make it an attractive place to live, including rent ($983/mo) is below the national average and home prices ($245,000) are well below the us median. It scores well on multiple quality-of-life metrics relative to the national average.
What is the cost of living in Monroe?⌄
The median rent in Monroe is $983/month and the median home value is $245,000. The median household income is $71,506. Overall the metro is considered affordable.
Is Monroe safe?⌄
Monroe has a violent crime rate of 457 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 4.3%, compared to the national average of 3.7%. The median household income is $71,506.