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Monroe Michigan Real Estate By Jennifer Hershey

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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