Housing data for Monroe Township (Pike County), IN

Monroe Township (Pike County), IN has an estimated 786 residents and 343 homes (US Census Bureau, 2020–2024 American Community Survey).

It is a township in Pike County.

16.9% of households rent.

The median gross rent is $1,075 a month.

Figures last updated on .

Residents
786 (±229)
Housing units
343 (±95)
Households that rent
16.9%
Median gross rent
$1,075
Residents since 2015–2019
+24.4%

What stands out in Monroe Township (Pike County)

Households without a vehicle: 1.0% (±1.6 points) in Monroe Township (Pike County), lower than in Pike County (4.2%).

Housing in Monroe Township (Pike County) at a glance

  • Median rent: $1,075 median gross rent a month (Small sample: wide margin of error)
  • Rent burden: 12.8% of renters pay 30% or more of income (Small sample: wide margin of error)
  • Renters and owners: 16.9% of households rent (Small sample: wide margin of error)
  • Income and affordability: $87,596 median household income
  • Home values: $219,400 median home value (Small sample: wide margin of error)
  • Homeowner costs: $1,556 median monthly cost with a mortgage
  • Property taxes: $1,982 median real estate taxes a year (Small sample: wide margin of error)
  • Types of homes: 0.0% of homes are in buildings of 5 or more units
  • Bedrooms: 50.1% of homes have 3 or more bedrooms
  • Age of homes: 50.7% of homes were built before 1980
  • Vacancy rate: 0.0% rental vacancy rate (Small sample: wide margin of error)
  • Heating fuel: 39.7% heat with propane
  • Commute and cars: 28.6 minutes average trip to work
  • Growth: +24.4% residents since 2015–2019 (Small sample: wide margin of error)
  • How long people stay: 15.2% moved in since 2020 (Small sample: wide margin of error)
  • Crowding and facilities: 0.0% of homes have more than 1 person per room (Small sample: wide margin of error)

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

Estimate (90% margin of error)
Monroe Township (Pike County)Pike CountyIndianaUnited States
Residents786 (±229)12,154 (exact)6,851,073 (exact)334,922,499
Housing units343 (±95)5,589 (±25)2,976,568 (±617)143,775,355
Households that rent16.9% (±10.9 points)13.3% (±2.3 points)29.4% (±0.3 points)34.8%
Median gross rent$1,075 (±$1,025)$739 (±$116)$1,062 (±$5)$1,413
Median household income$87,596 (±$19,757)$71,334 (±$4,205)$71,957 (±$352)$80,734
Median home value$219,400 (±$161,122)$154,900 (±$11,310)$218,200 (±$739)$332,700
Median real estate taxes (a year)$1,982 (±$1,347)$1,206 (±$107)$1,614 (±$9)$3,119
Built before 198050.7% (±22.7 points)61.5% (±6.1 points)55.0% (±0.3 points)49.7%
Average commute28.6 minutes (±3.0)26.6 minutes (±1.6)24.1 minutes (±0.1)26.4 minutes
Households with broadband92.1% (±6.3 points)83.8% (±3.4 points)89.9% (±0.2 points)91.0%
Median age of residents45.0 years (±6.7)43.7 years (±0.7)38.1 years (±0.2)38.9 years

Monroe Township (Pike County) covers 42.5 square miles of land, about 19 residents per square mile (Census Bureau Gazetteer).

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

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Residents632 (±199)786 (±229)+24.4%Not a measurable change
Housing units268 (±60)343 (±95)+28.0%Not a measurable change
Median gross rent$672 (±$62)$1,075 (±$1,025)+60.0%No measurable change after inflation
Median home value$157,200 (±$23,182)$219,400 (±$161,122)+39.6%No measurable change after inflation
Median household income$46,786 (±$15,514)$87,596 (±$19,757)+87.2%Up after inflation
Median owner cost with a mortgage$1,280 (±$245)$1,556 (±$340)+21.6%No measurable change after inflation
Median real estate taxes$1,235 (±$309)$1,982 (±$1,347)+60.5%No measurable change after inflation
Households that rent20.6% (±16.9 points)16.9% (±10.9 points)−3.7 percentage pointsNot a measurable change
Rental vacancy rate0.0% (±40.4 points)0.0% (±44.6 points)0.0 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 (Pike 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
47584100%149$833$111,700$53,250
4766032%4,966$921$146,300$57,472
4758525%592—$237,500$88,141

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 (Pike County)

Nearest places with Census figures, by straight-line distance
PlaceDistanceMedian gross rentMedian home valueHouseholds that rent
Spurgeon2.1 mi$833$111,10018.9%
Oakland City6.1 mi$880$109,50040.0%
Patoka Township (Pike County)6.3 mi$902$101,30010.4%
Somerville6.4 mi$488$96,10018.6%
Columbia Township (Gibson County)6.6 mi$880$131,00026.3%
Lockhart Township6.8 mi—$217,60011.3%
Lynnville6.8 mi$807$129,70020.0%
Lane Township6.9 mi—$61,1000.0%

Places in Indiana most like Monroe Township (Pike County)

PlaceMedian gross rentMedian home valueMedian household incomeHouseholds that rent
Markleville$1,080$184,200$89,16717.9%
Adams Township (Madison County)$1,106$231,400$82,50013.6%
Clay Township (Morgan County)$1,083$270,000$81,94420.2%
Washington Township (Clark County)$1,147$188,100$88,25015.3%
Pleasant Run Township$969$204,500$76,56316.2%
Jackson Township (Hamilton County)$940$282,200$84,91315.5%

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 (Pike County), fiscal year 2027

Pike County, IN, dollars a month
Studio1 bedroom2 bedrooms3 bedrooms4 bedrooms
$759$775$1,014$1,404$1,429

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

Pike County, IN, annual household income
Household sizeExtremely low (30%)Very low (50%)Low (80%)
1 person$19,600$32,700$52,300
2 people$22,400$37,400$59,800
3 people$27,320$42,050$67,250
4 people$33,000$46,700$74,700
5 people$38,680$50,450$80,700
6 people$44,360$54,200$86,700
7 people$50,040$57,950$92,650
8 people$55,720$61,650$98,650

These are the limits HUD sets for its housing programs in the Pike County, IN, where HUD’s median family income for fiscal year 2026 is $93,400.

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 (Pike County)

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

The median household income in Monroe Township (Pike County) is $87,596 (±$19,757) a year (2020–2024 American Community Survey).

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

The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Monroe Township (Pike County), IN is $1,556 (±$340) a month, including taxes, insurance and utilities.

How many homes are in Monroe Township (Pike County)?

Monroe Township (Pike County), IN has an estimated 343 (±95) housing units, occupied and vacant (2020–2024 American Community Survey).

What is the most common home size in Monroe Township (Pike County)?

The most common size is 2 bedrooms, 46.6% of homes in Monroe Township (Pike County), IN.

How old are most homes in Monroe Township (Pike County)?

50.7% of homes in Monroe Township (Pike County), IN were built before 1980 (2020–2024 American Community Survey).

What is the most common way to heat a home in Monroe Township (Pike County)?

Bottled or tank gas (propane) is the most common heating fuel in Monroe Township (Pike County), used by 39.7% of occupied homes (2020–2024 American Community Survey).

Is Monroe Township (Pike County) growing?

In Monroe Township (Pike County), the number of residents went from 632 in 2015–2019 to 786 in 2020–2024 (+24.4%), not a measurable change.

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

The ZIP codes that cover Monroe Township (Pike County) are 47584, 47660, 47585.

What is the median rent in ZIP code 47584?

The median gross rent in ZIP Code Tabulation Area 47584 is $833 (±$425) 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, Pike County, Indiana (county subdivision:50418, in state:18 county:125).

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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