Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 42.6 yrs |
|---|---|
| Avg HH Size | 3.01 |
| Below Poverty | 2.6% ▼ 75% below avg |
| College Grads | 65.4% ▲ 69% above avg |
| Unemployment | 3.4% ▼ 31% below avg |
| No HS Diploma | 42 (0.3%) |
| HS Graduate | 1,985 (16.1%) |
| Some College | 726 (5.9%) |
| Associates | 1,502 (12.2%) |
| Bachelors | 851 (6.9%) |
| Graduate Degree | 7,195 (58.5%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $156,731 ▲ 105% above avg |
|---|---|
| Median Home Value | $477,000 ▲ 71% above avg |
| Home/Income Ratio | 3.0x (nat avg ~3.5x) |
| Median Rent | $1,466/mo |
| Total Housing Units | 6,573 |
| Vacant Units | 335 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Monroe is a city in Connecticut, located in Connecticut Metropolitan County. The city spans 1 ZIP code and is home to approximately 18,833 residents. It is a middle-aged city, with a median age of 42.6 years.
Economically, Monroe is a affluent community. The median household income of $156,731 is more than double the national average. Approximately 2.6% of residents live below the poverty line. The unemployment rate is 3.4%, below the national average.
The real estate market in Monroe is a premium housing market. Median home values stand at $477,000, which is significantly above the national average. Renters typically pay around $1,466 per month. Homeownership is high at 94.1%, typical of suburban and family-oriented communities.
The population of Monroe is highly educated. 65.4% of adults hold a bachelor's degree or higher — significantly above the national average. The community is primarily White (83.4%).
Monroe, CT offers residents above-average earning potential within Connecticut.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 06468 | 18,833 | $156,731 | $477,000 | $1,466 | 3.4% | 65.4% | 94.1% |