What percentage of people rent in Monroe, IN?
21.9% (±9.0 points) of the occupied homes in Monroe, IN are rented (2020–2024 American Community Survey).
That is 53 renting households against 189 that own their home.
In Monroe, the share of households that rent went from 13.9% in 2015–2019 to 21.9% in 2020–2024 (+8.0 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 21.9% (±9.0 points)
- Renting households
- 53 (±25)
- Median renter income
- $43,750 (±$17,584)
Who rents and who owns in Monroe
| Monroe | Adams County | Indiana | United States | |
|---|---|---|---|---|
| Renter-occupied share | 21.9% (±9.0 points) | 16.5% (±2.1 points) | 29.4% (±0.3 points) | 34.8% |
| Renting households | 53 (±25) | 2,052 (±276) | 799,766 (±7,038) | 45,017,354 |
| Owning households | 189 (±58) | 10,349 (±306) | 1,916,243 (±9,865) | 84,210,142 |
| Average renter household size | 2.0 (±0.6) | 2.0 (±0.2) | 2.2 (±0.0) | 2.3 |
| Average owner household size | 3.2 (±0.4) | 3.1 (±0.1) | 2.6 (±0.0) | 2.6 |
| Median renter household income | $43,750 (±$17,584) | $36,550 (±$4,757) | $42,811 (±$480) | $52,966 |
| Median owner household income | $86,750 (±$14,228) | $71,853 (±$3,725) | $87,459 (±$395) | $100,009 |
In Monroe, the renter share is not measurably different from Adams County (16.5%).
It is not measurably different from Indiana (29.4%).
It is lower than the national figure (34.8%).
In Adams County, Monroe ranks 5 of 16 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 623 of 1,600.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Monroe has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 13.9% (±6.9 points) | 21.9% (±9.0 points) | +8.0 percentage points | Not a measurable change |
| Median gross rent | $744 (±$197) | $699 (±$198) | −6.0% | No measurable change after inflation |
| Median household income | $59,028 (±$12,839) | $74,063 (±$21,122) | +25.5% | No measurable change after inflation |
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.
Households that rent in places near Monroe
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Monroe | — | 21.9% (±9.0 points) | — |
| Monroe Township (Adams County) | 3.2 mi | 10.4% (±4.6 points) | Lower |
| Washington Township (Adams County) | 3.3 mi | 20.3% (±4.7 points) | Not measurably different |
| French Township | 5.6 mi | 0.0% (±15.3 points) | Lower |
| Kirkland Township | 5.7 mi | 13.3% (±13.1 points) | Not measurably different |
| Decatur | 5.8 mi | 23.4% (±4.1 points) | Not measurably different |
| Blue Creek Township | 6.0 mi | 12.1% (±10.4 points) | Not measurably different |
| Berne | 6.1 mi | 30.3% (±7.6 points) | Not measurably different |
| St. Marys Township | 6.5 mi | 0.0% (±8.9 points) | Lower |
Nearby places with a measurably lower figure: Monroe Township (Adams County), IN (10.4%), French Township, IN (0.0%), St. Marys Township, IN (0.0%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Adams County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 1 | Berne | 30.3% (±7.6 points) |
| 2 | Geneva | 28.8% (±9.1 points) |
| 3 | Wabash Township (Adams County) | 27.4% (±5.0 points) |
| 4 | Decatur | 23.4% (±4.1 points) |
| 5 | Monroe | 21.9% (±9.0 points) |
| 6 | Jefferson Township (Adams County) | 20.9% (±19.2 points) |
| 7 | Washington Township (Adams County) | 20.3% (±4.7 points) |
| 8 | Root Township | 13.6% (±3.9 points) |
| 9 | Kirkland Township | 13.3% (±13.1 points) |
| 10 | Preble Township | 12.7% (±11.1 points) |
| 11 | Blue Creek Township | 12.1% (±10.4 points) |
Showing 11 of 16 places in Adams County, ranked from highest to lowest.
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
How many renters are there in Monroe?
Monroe has an estimated 53 (±25) renting households, 21.9% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Monroe?
In Monroe, the share of households that rent went from 13.9% in 2015–2019 to 21.9% in 2020–2024 (+8.0 percentage points), not a measurable change.
How big are renting households in Monroe?
A renting household in Monroe has 2.0 people on average, against 3.2 in an owned home.
How much do renters earn in Monroe?
The median renting household in Monroe, IN has an income of $43,750 (±$17,584) a year, against $86,750 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Monroe town, Indiana
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Monroe town, Indiana
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Monroe town, Indiana
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Monroe town, Indiana
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Monroe town, Indiana
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
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) and detailed tables (acs/acs5) for Monroe town, Indiana (place:50202, in state:18).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.
The API needs a free key.
DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M
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 .
Related
- Housing in Monroe at a glance
- Income and affordability in Monroe
- Home values in Monroe
- Homeowner costs in Monroe
- Property taxes in Monroe
- Types of homes in Monroe
- Bedrooms in Monroe
- Age of homes in Monroe
- Heating fuel in Monroe
- Commute and cars in Monroe
- How long people stay in Monroe
- Indiana landlord and tenant rules
- Housing across Adams County
- Indiana places ranked by share of renters
- Housing data for every place in Indiana