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Monroe, MI 48162 has a population of approximately 28,003 and experiences a population change rate of -4.40%. The population density is 491.7 / sq mi .
The median household income for Monroe, MI 48162 is $64,423, with 11,908 households and an average household size of 2.35.
The median value of a home in Monroe, MI 48162 is $185,700 with an appreciation rate of 13.10%. 69.19% of housing in the state is owned while 24.37% is rented.
The cost of living in Monroe, MI 48162 is 94 %.
The unemployment rate in Monroe, MI 48162 is 3.30%, and recent job growth is at 3.53%. Future job growth is projected at 41.87%.
The sales tax rate in Monroe, MI 48162 is 6.00%, while the income tax rate is 4.25% .
School expenditures in Monroe, MI 48162 are $12,425, and the school ratio is 17.8:1.
The average high temperature in July is 83.7 degrees, with an average low temperature in January of 18.1 degrees. The average rainfall is approximately 34.4 inches per year, with 37.4 inches of snow per year.
