Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 44.1 yrs |
|---|---|
| Avg HH Size | 2.31 |
| Below Poverty | 14.5% ▲ 45% above avg |
| College Grads | 34.7% ▼ 11% below avg |
| Unemployment | 3.3% ▼ 33% below avg |
| No HS Diploma | 9 (1.3%) |
| HS Graduate | 231 (32.8%) |
| Some College | 59 (8.4%) |
| Associates | 161 (22.9%) |
| Bachelors | 77 (10.9%) |
| Graduate Degree | 167 (23.7%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $78,409 ≈ Avg |
|---|---|
| Median Home Value | $214,600 ▼ 23% below avg |
| Home/Income Ratio | 2.7x (nat avg ~3.5x) |
| Median Rent | $1,065/mo |
| Total Housing Units | 496 |
| Vacant Units | 48 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Monroe is a city in Maine, located in Waldo County. The city spans 1 ZIP code and is home to approximately 1,034 residents. It is a middle-aged city, with a median age of 44.1 years.
Economically, Monroe is a middle-income community. The median household income of $78,409 is near the national average. Approximately 14.5% of residents live below the poverty line. The unemployment rate is 3.3%, below the national average.
The real estate market in Monroe is an affordable housing market. Median home values stand at $214,600, which is below the national average. Renters typically pay around $1,065 per month. Homeownership is high at 80.8%, typical of suburban and family-oriented communities.
The population of Monroe is moderately educated. 34.7% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (89.94%).
Monroe, ME offers residents above-average earning potential within Maine.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 04951 | 1,034 | $78,409 | $214,600 | $1,065 | 3.3% | 34.7% | 80.8% |