C+

Monroe, MI

Source:

Affordability Score: 61/100

Population: 55,814 · 2 ZIP codes

The affordability dashboard for Monroe, MI aggregates Census ACS 5-Year Estimates across 2 ZIP codes covering 55,814 residents, then layers in county-level federal data to produce an overall grade of C+ (61/100). The headline inputs are median household income of $67,657, median home value of $188,818, median rent of $949 per month, and 21.0% of adults holding a bachelor's degree or higher. These four metrics alone explain most of the variance between city dashboards.

Cross-agency feeds widen the picture beyond Census demographics. HUD publishes a Fair Market Rent for a 2-bedroom in this county at $1,326 per month (studio $914, 1BR $1,011, 3BR $1,605, 4BR $2,147). Department of Labor data lists infant center-based childcare at $7,159 per year, consuming 11% of the local median household income.

Reading the overall grade requires reading all seven dimensions together. The score weights Income 20%, Safety 20%, Housing 15%, Rent 15%, Education 10%, Commute 10%, and Childcare 10%, with each sub-score benchmarked against national percentiles rather than state averages — so the grade is genuinely comparable across any city in the country. Strengths visible in the raw data for Monroe, MI include housing. Pressure points are education. Unemployment currently reads 5.9% and poverty 15.0% — numbers worth keeping alongside the headline grade.

Score Breakdown

Income C
$67,657
Median household income
Education F
21.0%
Bachelor's degree or higher
Housing B+
2.8x
Home value $188,818 vs income
Commute C
24 min
Average commute time
Rent B
$1,326/mo
2BR fair market rent (24% of income)
Safety N/A
N/A
Violent crime rate (county)
Childcare B
$7,159/yr
Center-based infant care (11% of income)

Income & Employment

Median Income
$67,657
▲ 9% vs national
Per Capita Income
$36,234
Unemployment Rate
5.9%
Poverty Rate
15.0%

Housing

Median Home Value
$188,818
▼ 31% vs national
Median Rent
$949/mo
Owner Occupied
76.5%
2BR Fair Market Rent
$1,326/mo
▲ 11% vs national

Fair Market Rents by Bedroom

Studio
$914
1BR
$1,011
2BR
$1,326
3BR
$1,605
4BR
$2,147

Safety

Violent Crime Rate
Data Source
FBI UCR (county-level)

Education & Family

Bachelor's Degree+
21.0%
▼ 9 ppt vs national
High School+
54.8%
Median Age
43.4
Avg. Commute
24 min
▼ 2 min vs national

Childcare Costs

Infant (Center)
$7,159/yr
11% of income
Toddler (Center)
$7,159/yr
Preschool (Center)
$6,914/yr
School-Age (Center)
$6,710/yr

What This Means

Monroe, MI receives an overall affordability grade of C+ (61/100), aggregated from 2 ZIP codes with a total population of 55,814. This area performs well in housing. Challenges include education. Data was unavailable for safety — these dimensions were excluded from the overall score.

Nearby City Dashboards

Explore Monroe ZIP Codes
View all 2 ZIP codes with demographics and individual scorecards
View ZIPs →

What are common questions about this dashboard?

Is Monroe, MI affordable?
Monroe, MI receives an overall affordability grade of C+ (61/100) based on Census, HUD, FBI, and DOL data. Median household income is $67,657. Median home value is $188,818.
What is the cost of living in Monroe?
Key cost metrics: Median rent $949/mo. 2BR fair market rent $1,326/mo. Infant childcare $7,159/yr. Median home value $188,818.
How is the affordability score calculated?
The score evaluates 7 dimensions weighted by importance: Income (20%), Safety (20%), Housing (15%), Rent (15%), Education (10%), Commute (10%), and Childcare (10%). Each metric is compared against national percentile benchmarks from Census, HUD, FBI, and DOL data.

Data as of 2024. Source: U.S. Census Bureau ACS 5-Year Estimates. Source: HUD Fair Market Rents. Source: FBI Uniform Crime Report. Source: DOL National Database of Childcare Prices. Verify with HUD →