Housing data for Monroe Township (Carroll County), IN

Monroe Township (Carroll County), IN has an estimated 2,880 residents and 1,285 homes (US Census Bureau, 2020–2024 American Community Survey).

It is a township in Carroll County.

25.3% of households rent.

The median gross rent is $791 a month.

Its population grew measurably since 2015–2019 (+5.2%).

Figures last updated on .

Residents
2,880 (±21)
Housing units
1,285 (±123)
Households that rent
25.3%
Median gross rent
$791
Residents since 2015–2019
+5.2%

What stands out in Monroe Township (Carroll County)

Homes in buildings of 5 or more units: 10.3% (±5.7 points) in Monroe Township (Carroll County), higher than in Carroll County (3.8%).

Households that rent: 25.3% (±5.9 points) in Monroe Township (Carroll County), higher than in Carroll County (17.8%).

Median household income: $55,056 (±$7,354) in Monroe Township (Carroll County), lower than in Carroll County ($65,645).

Average commute: 21.4 minutes (±2.3) in Monroe Township (Carroll County), lower than in Carroll County (25.2 minutes).

Housing in Monroe Township (Carroll County) at a glance

Monroe Township (Carroll County) against Carroll County, its state and the nation

Estimate (90% margin of error)
Monroe Township (Carroll County)Carroll CountyIndianaUnited States
Residents2,880 (±21)20,535 (exact)6,851,073 (exact)334,922,499
Housing units1,285 (±123)9,559 (±29)2,976,568 (±617)143,775,355
Households that rent25.3% (±5.9 points)17.8% (±2.9 points)29.4% (±0.3 points)34.8%
Median gross rent$791 (±$110)$890 (±$102)$1,062 (±$5)$1,413
Median household income$55,056 (±$7,354)$65,645 (±$4,422)$71,957 (±$352)$80,734
Median home value$173,500 (±$21,647)$180,900 (±$9,199)$218,200 (±$739)$332,700
Median real estate taxes (a year)$1,255 (±$297)$1,015 (±$97)$1,614 (±$9)$3,119
Built before 198072.5% (±11.8 points)69.0% (±5.3 points)55.0% (±0.3 points)49.7%
Average commute21.4 minutes (±2.3)25.2 minutes (±1.1)24.1 minutes (±0.1)26.4 minutes
Households with broadband86.7% (±4.8 points)83.6% (±2.5 points)89.9% (±0.2 points)91.0%
Median age of residents38.3 years (±6.0)43.2 years (±0.6)38.1 years (±0.2)38.9 years

Monroe Township (Carroll County) covers 24.0 square miles of land, about 120 residents per square mile (Census Bureau Gazetteer).

How Monroe Township (Carroll County) has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Residents2,738 (±25)2,880 (±21)+5.2%Measurable increase
Housing units1,154 (±91)1,285 (±123)+11.4%Not a measurable change
Median gross rent$624 (±$29)$791 (±$110)+26.8%No measurable change after inflation
Median home value$97,200 (±$10,518)$173,500 (±$21,647)+78.5%Up after inflation
Median household income$50,769 (±$8,019)$55,056 (±$7,354)+8.4%No measurable change after inflation
Median owner cost with a mortgage$841 (±$61)$1,140 (±$76)+35.6%Up after inflation
Median real estate taxes$671 (±$95)$1,255 (±$297)+87.0%Up after inflation
Households that rent30.3% (±7.0 points)25.3% (±5.9 points)−5.0 percentage pointsNot a measurable change
Rental vacancy rate6.9% (±7.5 points)15.4% (±14.3 points)+8.5 percentage pointsNot a measurable change

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

ZIP codes in Monroe Township (Carroll County)

ZIP Code Tabulation Areas that cover this place (2020–2024 estimates)
ZIP codeShare of the ZIP’s land in this placeResidentsMedian gross rentMedian home valueMedian household income
4692934%3,056$808$186,500$56,940
4691323%1,400$905$171,800$91,136

A ZIP code is a mail route rather than a boundary, so the Census Bureau publishes figures for ZIP Code Tabulation Areas built from census blocks; the share column says how much of each one’s land lies in this place.

Places near Monroe Township (Carroll County)

Nearest places with Census figures, by straight-line distance
PlaceDistanceMedian gross rentMedian home valueHouseholds that rent
Flora0.9 mi$787$158,20030.8%
Jackson Township (Carroll County)4.3 mi$392$151,00012.7%
Democrat Township4.5 mi—$245,5000.0%
Camden5.4 mi$392$107,70020.7%
Carrollton Township5.9 mi—$174,30011.6%
Deer Creek Township (Carroll County)6.2 mi$936$155,00027.4%
Madison Township (Carroll County)6.2 mi$905$221,90041.0%
Burlington Township6.7 mi$938$236,40010.8%

Places in Indiana most like Monroe Township (Carroll County)

PlaceMedian gross rentMedian home valueMedian household incomeHouseholds that rent
Seelyville$821$151,900$56,99427.7%
Sugar Creek Township (Vigo County)$718$147,000$55,62524.4%
Union Township (Montgomery County)$847$174,000$63,52923.8%
Flora$787$158,200$51,42930.8%
Union Township (White County)$919$187,900$62,05224.5%
Bloomfield Township$799$177,200$62,31523.7%

Matched on rent, home value, income, the share who rent, the age of the homes, the share in apartment buildings and the commute, each measured against the spread across Indiana.

HUD Fair Market Rent for Monroe Township (Carroll County), fiscal year 2027

Carroll County, IN HUD Metro FMR Area, dollars a month
Studio1 bedroom2 bedrooms3 bedrooms4 bedrooms
$760$787$1,027$1,232$1,396

HUD income limits for Monroe Township (Carroll County), fiscal year 2026

Carroll County, IN HUD Metro FMR Area, annual household income
Household sizeExtremely low (30%)Very low (50%)Low (80%)
1 person$18,400$30,650$49,000
2 people$21,640$35,000$56,000
3 people$27,320$39,400$63,000
4 people$33,000$43,750$70,000
5 people$38,680$47,250$75,600
6 people$44,360$50,750$81,200
7 people$50,040$54,250$86,800
8 people$55,720$57,750$92,400

These are the limits HUD sets for its housing programs in the Carroll County, IN HUD Metro FMR Area, where HUD’s median family income for fiscal year 2026 is $87,500.

A program can use its own limits; tax-credit and local programs often do.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Monroe Township (Carroll County)

What is the average rent in Monroe Township (Carroll County), IN?

The Census Bureau publishes the median rather than the average: the median gross rent in Monroe Township (Carroll County) is $791 (±$110) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.

How much is a one-bedroom apartment in Monroe Township (Carroll County)?

The median gross rent for a one-bedroom home in Monroe Township (Carroll County), IN is $664 (±$79) a month (2020–2024 American Community Survey).

How many renters are there in Monroe Township (Carroll County)?

Monroe Township (Carroll County) has an estimated 303 (±79) renting households, 25.3% of its occupied homes (2020–2024 American Community Survey).

What is the median household income in Monroe Township (Carroll County)?

The median household income in Monroe Township (Carroll County) is $55,056 (±$7,354) a year (2020–2024 American Community Survey).

What is the average home value in Monroe Township (Carroll County), IN?

The Census Bureau publishes the median: $173,500 (±$21,647) for owner-occupied homes in Monroe Township (Carroll County) (2020–2024 American Community Survey).

What is the average mortgage payment in Monroe Township (Carroll County)?

The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Monroe Township (Carroll County), IN is $1,140 (±$76) a month, including taxes, insurance and utilities.

Is Monroe Township (Carroll County) growing?

In Monroe Township (Carroll County), the number of residents went from 2,738 in 2015–2019 to 2,880 in 2020–2024 (+5.2%), a measurable increase.

What ZIP codes are in Monroe Township (Carroll County)?

The ZIP codes that cover Monroe Township (Carroll County) are 46929, 46913.

What is the median rent in ZIP code 46929?

The median gross rent in ZIP Code Tabulation Area 46929 is $808 (±$112) a month (2020–2024 American Community Survey).

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Monroe township, Carroll County, Indiana (county subdivision:50256, in state:18 county:015).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B01003_001E, B01003_001M, B25064_001E, B25064_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0047PE, DP04_0047PM, DP04_0134E, DP04_0134M, DP03_0062E, DP03_0062M, DP04_0089E, DP04_0089M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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