Monroe, WI Profile: Facts & Data

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Monroe, Wisconsin - Basic Facts

The City of Monroe had a population of 10,391 as of July 1, 2024. Monroe ranks in the upper quartile for Population Density and Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Wisconsin. See peer rankings below.

The primary coordinate point for Monroe is located at latitude 42.6011 and longitude -89.6385 in Green County. The formal boundaries for the City of Monroe encompass a land area of 4.81 sq. miles and a water area of 0 sq. miles. Green County is in the Central time zone (GMT -6).

The City of Monroe has a C5 Census Class Code which indicates an active incorporated place that is independent of any county subdivision and serves as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.


Jump to... (On This Page!)
  1. Monroe 2024 Demographic Data
  2. Growth Rates for Monroe (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Wisconsin Research Tools (Easy Tools & Current Data)
  3. Wisconsin Data Comparison Tool - 2024 Demographics
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Monroe, WI Data & Demographics (As of July 1, 2024)

POPULATION

Total Population 10,391 (100%)
Population in Households 10,230 (98.5%)
Population in Families 7,403 (71.2%)
Population in Group Quarters1 161 ( 1.5%)
Population Density 1,857
Diversity Index2 33
 
 

INCOME

Median Household Income $60,840
Average Household Income $81,120
% of Income for Mortgage4 20%
Per Capita Income $37,875
Wealth Index5 62
Socioeconomic Status Index6 Moderate (52.5)
 

HOUSING

Total HU (Housing Units) 5,110 (100%)
Owner Occupied HU 3,078 (60.2%)
Renter Occupied HU 1,770 (34.6%)
Vacant Housing Units 262 ( 5.1%)
Median Home Value $198,324
Average Home Value $228,793
Housing Affordability Index3 111
 

HOUSEHOLDS

Total Households 4,848
Average Household Size 2.11
Family Households 2,647
Average Family Size 3.00
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
  6. The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR

2020-2024 2024-2029
Population -0.60% -0.43%
Households -0.20% -0.10%
Families   -0.43%
Median Household Income   2.67%
Per Capita Income   3.01%
Owner Occupied HU   0.11%

Monroe, WI - Peer Comparisons by Rank and Percentile

The table below compares Monroe to the other 807 incorporated cities, towns and CDPs in Wisconsin by rank and percentile using July 1, 2024 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 92 89th
Population Density # 81 90th
Median Household Income # 615 24th
Housing Affordability Index # 547 68th
Per Capita Income # 464 43rd
Diversity Index # 159 80th

Additional comparisons and rankings can be made with a VERY EASY TO USE Wisconsin Census Data Comparison Tool.

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