Monroe Michigan Real Estate
Monroe, Michigan, is located in Monroe County, 20 miles N of Toledo, Ohio and 34 miles SW of Detroit, Michigan. Monroe has a population of 22,076.
Monroe Homes
Monroe properties pool is 8,643 residential properties including Monroe new homes. Median age of real estate in Monroe is 1951. Average Household size is 3.1 people. 2% are one bedroom homes, 14% are 2 bedroom homes, 57% are 3 bedroom homes, 23% are 4 bedroom homes, and 4% are 5+ bedroom homes.
Monroe Mortgage Statistics
Monroe mortgages vs. USA median statistics
Homes |
Monroe |
USA |
Homes With No Mortgage |
35% |
30% |
Homes With Mortgage |
65% |
70% |
First Mortgage Only |
49% |
54% |
First & Second Mortgage or HELOC |
16% |
16% |
Monroe Area Real Estate Tax
Monroe Real estate Tax: Median Real Estate Taxes (2000) were $1,536 comparing to 1999 Median Family income $ 51,442. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).
Monroe School District: Children make up 26.9% of Monroe population. Monroe has 5,941 under 18 years old residents, or 0.61 kids per one worker, or 0.69 kids per one household.
Monroe Real Estate & Monroe Homeownership
There are 2592.9 or 30% one person households, 2592.9 or 30% two person households, and 1296.45 or 15% three person households in Monroe, Michigan. Median residents age is 35.2, Senior citizens (65+) make up 3,307 or 15%% of Monroe population.
There are 9,761 workers (over 16 years of age) in Monroe. Of these, 94.45% drive to work. Approximately 1.11% of workers in Monroe take public transportation. An estimated 2.6% walk to work.
Median Monroe homeowner's housing expences are 17.5%
Crime in Monroe (2003), crimes per 10,000 residents per year
Type of Crime |
Monroe |
USA, 2003 |
Violent Crimes |
40.77 |
47.5 |
Robberies |
8.15 |
14.2 |
Aggravated Assaults |
24.91 |
29.5 |
Property Crimes |
334.3 |
358.8 |
Burglaries |
66.59 |
74.0 |
Larceny-Thefts |
254.12 |
241.5 |
Motor Vehicle Thefts |
13.59 |
43.3 |
Invest in Monroe Properties
When making a decision about buying real estate in Monroe Michigan area, you should consider following statistical data:
Category |
Monroe |
USA |
Near Medium City |
Toledo, Ohio |
- |
Near Large City |
Detroit, Michigan |
- |
Monroe Zip Codes |
48161, 48162 |
- |
Monroe Area Codes |
734 |
- |
White population |
90.87% |
75.1% |
African-American population |
5.07% |
12.3% |
Asian |
0.84% |
3.6% |
American Indian & Alaskan |
0.24% |
0.9% |
Hispanic (of any race) |
2.76% |
12.5% |
Median Family Income (1999) |
$ 51,442% |
$42,000 |
Population Below Poverty Level |
12.47% |
12.4% |
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