Cost of Living in Monroe, NC
Population: 35,596 • 2026 Data
$67,265
Median Household Income
-13% vs national
$1,216
Median Monthly Rent
-10% vs national
$270,600
Median Home Value
-20% vs national
5.5%
Unemployment Rate
Housing in Monroe
The median home value in Monroe, NC is $270,600. Monthly rent for a typical unit averages $1,216, while total monthly housing costs (including utilities and insurance) average $1,254.
Rent-to-income ratio: 21.7%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Monroe, NC is $67,265. The unemployment rate stands at 5.5%, with a labor force of 17,752 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.