Is Monroe, NC growing?

Monroe, NC had an estimated 36,759 (±42) residents in 2020–2024, against 35,105 in 2015–2019.

That is a change of +4.7%, a measurable increase.

Its housing went from 12,481 to 13,469 homes (+7.9%), a measurable increase.

4.2% of today’s homes were built in 2020 or later.

Figures last updated on .

Residents now
36,759 (±42)
Amount of change
+4.7%
Homes change
+7.9%
Built 2020 or later
4.2%

Residents and homes in Monroe, 2015–2019 and 2020–2024

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Residents35,105 (±108)36,759 (±42)+4.7%Measurable increase
Housing units12,481 (±458)13,469 (±583)+7.9%Measurable increase
Households that rent40.4% (±3.4 points)38.4% (±3.9 points)−2.0 percentage pointsNot a measurable change
Median gross rent$981 (±$52)$1,246 (±$66)+27.0%No measurable change after inflation
Median home value$164,000 (±$4,885)$309,100 (±$17,667)+88.5%Up 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.

Growth in Monroe against Union County, its state and the nation

Change between 2015–2019 and 2020–2024
ResidentsVerdictHousing units
Monroe+4.7%Measurable increase+7.9%
Union County+8.6%Measurable increase+9.6%
North Carolina+4.5%Measurable increase+5.8%
United States+3.1%Measurable increase+4.6%

A change in a place’s boundaries between the two periods (an annexation, say) changes its counts as well; the Census Bureau’s figures are for the place as it was drawn in each period.

New homes in Monroe

Housing units by year built, 2020–2024
Year builtMonroeUnion CountyNorth CarolinaUnited States
2020 or later4.2% (±1.5 points)4.9%3.0%2.0%
2010 to 20197.7% (±2.0 points)16.5%13.5%9.4%
2000 to 200917.3% (±2.7 points)28.0%18.6%13.6%

11.9% of the homes in Monroe were built in 2010 or later.

The median age of residents is 35.5 years.

Growth in places near Monroe

Change in residents between 2015–2019 and 2020–2024
PlaceDistanceResidents nowAmount of changeVerdict
Monroe—36,759+4.7%Measurable increase
Unionville5.9 mi6,954−0.1%Not a measurable change
Wingate6.5 mi4,425+3.9%Measurable increase
Indian Trail6.9 mi42,036+8.3%Measurable increase
Lake Park7.1 mi3,431−9.7%Measurable decrease
Wesley Chapel7.5 mi9,090+1.3%Measurable increase
Mineral Springs8.1 mi3,314+10.2%Measurable increase
Hemby Bridge8.2 mi2,096+6.0%Not a measurable change
Stallings9.4 mi16,886+8.6%Measurable increase

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

Is Monroe growing?

Monroe, NC had an estimated 36,759 residents in 2020–2024 and 35,105 in 2015–2019, a change of +4.7%: a measurable increase by the Census Bureau’s test.

How many homes have been added in Monroe?

The estimated number of housing units went from 12,481 in 2015–2019 to 13,469 in 2020–2024 (+7.9%), a measurable increase.

How much new construction is there in Monroe?

4.2% of homes in Monroe were built in 2020 or later and 7.7% between 2010 and 2019.

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 city, North Carolina (place:43920, in state:37).

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

The 2015–2019 figures are B01003_001E, B01003_001M, B25001_001E, B25001_001M, DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B25077_001E, B25077_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_0017PE, DP04_0017PM, DP04_0018PE, DP04_0018PM, DP05_0018E, DP05_0018M

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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