Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 35.6 yrs |
|---|---|
| Avg HH Size | 2.77 |
| Below Poverty | 15.4% ▲ 54% above avg |
| College Grads | 36.0% ≈ Avg |
| Unemployment | 0.7% ▼ 85% below avg |
| HS Graduate | 876 (32.8%) |
| Some College | 408 (15.3%) |
| Associates | 425 (15.9%) |
| Bachelors | 428 (16%) |
| Graduate Degree | 532 (19.9%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $74,286 ≈ Avg |
|---|---|
| Median Home Value | $202,100 ▼ 28% below avg |
| Home/Income Ratio | 2.7x (nat avg ~3.5x) |
| Median Rent | $819/mo |
| Total Housing Units | 1,665 |
| Vacant Units | 85 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Monrovia is a city in Indiana, located in Morgan County. The city spans 1 ZIP code and is home to approximately 4,370 residents. It is a relatively young city, with a median age of 35.6 years.
Economically, Monrovia is a solidly middle-class community. The median household income of $74,286 is near the national average. Approximately 15.4% of residents live below the poverty line. The unemployment rate is 0.7%, well below the national average.
The real estate market in Monrovia is an affordable housing market. Median home values stand at $202,100, which is below the national average. Renters typically pay around $819 per month. Homeownership is high at 89.8%, typical of suburban and family-oriented communities.
The population of Monrovia is moderately educated. 36.0% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (89.95%).
Monrovia, IN offers residents a cost-conscious lifestyle within Indiana.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 46157 | 4,370 | $74,286 | $202,100 | $819 | 0.7% | 36.0% | 89.8% |