What is the median household income in South Monroe, MI?
The median household income in South Monroe, MI is $61,982 (±$9,640) a year (2020–2024 American Community Survey).
Paying the median gross rent of $987 a month would take about $39,500 a year at the common guideline of spending no more than 30% of income on rent.
In South Monroe, the median household income went from $41,136 in 2015–2019 to $61,982 in 2020–2024 (+50.7%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median household income
- $61,982 (±$9,640)
- Median renter income
- $30,478 (±$6,140)
- Income to afford median rent
- about $39,500
Income in South Monroe against Monroe County, its state and the nation
| South Monroe | Monroe County | Michigan | United States | |
|---|---|---|---|---|
| Median household income | $61,982 (±$9,640) | $77,335 (±$2,293) | $72,875 (±$293) | $80,734 |
| Median renter household income | $30,478 (±$6,140) | $40,700 (±$3,649) | $42,352 (±$376) | $52,966 |
| Median owner household income | $79,500 (±$11,746) | $87,500 (±$3,357) | $87,130 (±$344) | $100,009 |
| Median gross rent | $987 (±$122) | $1,059 (±$43) | $1,129 (±$4) | $1,413 |
In South Monroe, median household income is lower than in Monroe County ($77,335).
It is also lower than in Michigan ($72,875).
It is lower than the national figure ($80,734).
In Monroe County, South Monroe ranks 6 of 8 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 50 of 79.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How much you need to earn to rent in South Monroe
Many landlords and housing programs use 30% of gross income as the most a household should spend on rent.
At that guideline, the median gross rent of $987 a month ($11,844 a year) needs an income of about $39,500 a year.
The median renting household in South Monroe earns $30,478 a year, less than that.
This is arithmetic on the published medians, not a rule any landlord must follow; screening criteria vary and some places limit how income may be weighed.
Income against housing costs since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median household income | $41,136 (±$7,144) | $61,982 (±$9,640) | +50.7% | No measurable change after inflation |
| Median gross rent | $735 (±$70) | $987 (±$122) | +34.3% | No measurable change after inflation |
| Median home value | $132,400 (±$17,684) | $184,000 (±$13,943) | +39.0% | 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.
Median household income in places near South Monroe
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| South Monroe | — | $61,982 (±$9,640) | — |
| West Monroe | 1.6 mi | $48,317 (±$8,141) | Lower |
| Monroe | 2.4 mi | $59,813 (±$6,538) | Not measurably different |
| La Salle Township | 3.9 mi | $85,531 (±$5,226) | Higher |
| Detroit Beach | 5.3 mi | $76,524 (±$9,544) | Higher |
| Frenchtown Township | 5.7 mi | $66,225 (±$5,921) | Not measurably different |
| Luna Pier | 6.3 mi | $61,641 (±$21,867) | Not measurably different |
| Woodland Beach | 6.4 mi | $73,750 (±$10,615) | Not measurably different |
| Raisinville Township | 6.4 mi | $90,000 (±$14,660) | Higher |
Nearby places with a measurably lower figure: West Monroe, MI ($48,317).
Nearby places with a measurably higher figure: La Salle Township, MI ($85,531), Detroit Beach, MI ($76,524), Raisinville Township, MI ($90,000).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Monroe County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 1 | Ida | $125,979 (±$15,734) |
| 2 | Lambertville | $102,521 (±$11,216) |
| 3 | Temperance | $81,503 (±$15,239) |
| 4 | Detroit Beach | $76,524 (±$9,544) |
| 5 | Woodland Beach | $73,750 (±$10,615) |
| 6 | South Monroe | $61,982 (±$9,640) |
| 7 | Stony Point | $53,872 (±$19,395) |
| 8 | West Monroe | $48,317 (±$8,141) |
South Monroe is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
It lies inside Monroe Charter Township, whose figures include it.
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 South Monroe
What is the median household income in South Monroe?
The median household income in South Monroe is $61,982 (±$9,640) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in South Monroe?
About $39,500 a year, if rent is to stay at or below 30% of income at the median gross rent of $987 a month.
Have incomes in South Monroe kept up with inflation?
In South Monroe, the median household income went from $41,136 in 2015–2019 to $61,982 in 2020–2024 (+50.7%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
What do renters earn in South Monroe?
The median renting household in South Monroe, MI earns $30,478 (±$6,140) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — South Monroe CDP, Michigan
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — South Monroe CDP, Michigan
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — South Monroe CDP, Michigan
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — South Monroe CDP, Michigan
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — South Monroe CDP, Michigan
- Median Value (B25077), 2015–2019 ACS 5-year estimates — South Monroe CDP, Michigan
- 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 South Monroe CDP, Michigan (place:75140, in state:26).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B19013_001E, B19013_001M, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP03_0062E, DP03_0062M, B25119_003E, B25119_003M, B25119_002E, B25119_002M, DP04_0134E, DP04_0134M
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 South Monroe at a glance
- Median rent in South Monroe
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- Renters and owners in South Monroe
- Home values in South Monroe
- Homeowner costs in South Monroe
- Property taxes in South Monroe
- Types of homes in South Monroe
- Bedrooms in South Monroe
- Age of homes in South Monroe
- Heating fuel in South Monroe
- Commute and cars in South Monroe
- Population growth in South Monroe
- How long people stay in South Monroe
- Crowding and facilities in South Monroe
- Michigan landlord and tenant rules
- Housing across Monroe County
- Michigan places ranked by median household income
- Housing data for every place in Michigan