Monroe County, Alabama: commercial real estate data.
Monroe County, Alabama had an estimated 19,057 residents on July 1, 2024, down 3.6 percent since the 2020 census base of 19,768, across 1,026 square miles. County output reached $848.1 m in 2024, 382 establishments operate here, and the SBA record carries 5 7(a) approvals worth $2.4 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Monroe County
How many people live in Monroe County
- Population, American Community Survey 2020-202419,388
- Households7,363
- Average household size2.63
- Median household income$42,292
- Median age44.2
- Median gross rent$666 per month
- Median owner-occupied home value$120,600
- Home value to household income2.9 times
- Annual rent as a share of median income18.9 percent
- Adults 25 and over with a bachelor degree or higher11.7 percent
- Adults 25 and over with a graduate degree5.4 percent
- Adults 25 and over13,443
- Population under 184,101
- Share under 1821.2 percent
- Population 65 and over4,194
- Share 65 and over21.6 percent
- Working age population, 18 to 6411,093
- Civilian labor force7,120
- Unemployment rate10.4 percent
- Labor force participation, adults 18 and over46.6 percent
- Rank by population among Alabama counties46th of 67
- Rank by population among US county-equivalents, Puerto Rico included1919th of 3,222
Monroe County is the 46th largest of 67 Alabama counties by population. A median home costs 2.9 times median household income, which is affordable by national standards. Residents 65 and over outnumber those under 18, at 21.6 percent against 21.2 percent, which points demand at health care, services and single story product rather than schools.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Monroe County
Is Monroe County's population growing?
- Population, July 1, 202419,057
- Census 2020 base population19,768
- Population change since the 2020 census base-3.60 percent
- Population change, 2023 to 2024-187
- Births, 2024219
- Deaths, 2024293
- Natural change, 2024-74
- Net domestic migration, 2024-117
- Net international migration, 20245
- Total net migration, 2024-112
- Cumulative net domestic migration, 2021 to 2024-269
- Rank by growth among US county-equivalents2838th of 3,144
The county has lost 3.60 percent of its population since the 2020 census base. The population fell in 2024 from both sources: deaths exceeded births and more people left than moved in.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Monroe County
Where are people moving to Monroe County from?
- Tax returns filed by households arriving273
- People arriving, from those returns557
- Tax returns filed by households leaving331
- Net household movement-58
- Adjusted gross income arriving$11.6 m
- Net adjusted gross income movement$-3.2 m
- Average income of an arriving household$42,557
- Average income of a leaving household$44,876
- Largest single originBaldwin County (29 households)
- Largest single destinationBaldwin County (53 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Baldwin County | 29 | 54 | $1.3 m |
| Conecuh County | 25 | 56 | $921,000 |
| Escambia County | 25 | 62 | $1.1 m |
| Mobile County | 23 | 45 | $1.1 m |
Households arriving report $2,319 less average income than households leaving, which drains spending power even where headcount holds up. The largest single source of arrivals is Baldwin County, which is the catchment a retail or multifamily study should look at first.
US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Monroe County
What is the Monroe County economy?
- County GDP, 2024$848.1 m
- County GDP, 2023$822.6 m
- GDP change, 2023 to 20243.1 percent
- GDP change over five years24.3 percent
- Rank by GDP among the Alabama areas BEA publishes45th of 67
- Rank by GDP among the US county areas BEA publishes1986th of 3,127
- GDP per resident$43,742
Output grew 3.1 percent in the latest year and 24.3 percent over five, which is the trend line a lender will read behind any single year figure.
US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024.
Monroe County
Employment by industry in Monroe County
- Covered employment, annual average5,953
- Establishments reporting488
- Average annual pay$53,376
- Average weekly wage$1,026
- Manufacturing, employment1,195
- Manufacturing, average annual pay$86,787
- Retail trade, employment714
- Retail trade, average annual pay$30,254
- Transportation and warehousing, employment362
- Transportation and warehousing, average annual pay$56,237
- Wholesale trade, employment340
- Wholesale trade, average annual pay$57,886
- Administrative and support and waste management services, employment244
- Agriculture, forestry, fishing and hunting, employment221
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Manufacturing | 1,195 | 20 | $86,787 |
| Retail trade | 714 | 78 | $30,254 |
| Transportation and warehousing | 362 | 18 | $56,237 |
| Wholesale trade | 340 | 20 | $57,886 |
| Administrative and support and waste management services | 244 | 18 | $37,082 |
| Agriculture, forestry, fishing and hunting | 221 | 37 | $63,426 |
| Other services, except public administration | 176 | 26 | $57,744 |
| Construction | 174 | 22 | $63,393 |
Manufacturing is the largest private sector at 1,195 jobs, 20.1 percent of covered employment.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Monroe County
How many businesses are in Monroe County?
- Establishments, all industries382
- Employment at those establishments5,195
- Annual payroll$266.9 m
- Establishments per 1,000 residents19.7
These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against. County Business Patterns counts private establishments with paid employees in March 2023, while the Quarterly Census of Employment and Wages above counts every unemployment-insured employer, public ones included, as a 2024 annual average, so the two establishment and employment counts differ.
US Census Bureau, County Business Patterns, 2023.
Monroe County
Building permits in Monroe County
- Housing units authorized by permit, 202447
- Declared construction value permitted$10.9 m
- Single family units authorized2
- Multifamily units authorized45
- Multifamily share of units95.7 percent
- Average declared value per unit$232,340
- Units authorized per 1,000 households6.4
Multifamily is 95.7 percent of units authorized, so the pipeline is being built for renters rather than buyers.
US Census Bureau, Building Permits Survey, 2024 annual.
Monroe County
SBA loans in Monroe County (7(a) and 504)
- 7(a) approvals recorded5
- 7(a) gross approval dollars$2.4 m
- Average 7(a) approval$470,940
- Median 7(a) approval$350,000
- Largest single approval$900,000
- Jobs reported supported, 7(a)32
- Jobs per approval6.4
- Distinct 7(a) lenders active4
- Distinct industries receiving approvals5
- Median 7(a) term240 months
- Share of loans on real estate terms, 240 months or longer60.0 percent
- Loans on real estate terms3
- Loans on working capital terms, 120 months or shorter2
- Franchise loans0
- Franchise share of approvals0.0 percent
- 504 approvals recorded2
- 504 gross approval dollars$5.7 m
- Average 504 approval$2,848,500
- Median 504 approval$2,848,500
- Distinct CDCs active2
- 504 jobs per approval0.0
- 504 jobs per million dollars approved0.0
- Combined SBA approval dollars, 7(a) FY2020 to FY2026 and 504 FY2010 to FY2026$8.1 m
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30. US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Monroe County
SBA loan default and charge-off rates in Monroe County
Do SBA loans in Monroe County get paid back?
- Loans with a final outcome recorded0
- Paid in full0
- Charged off0
- Status: Exempt from disclosure4
- Status: Cancelled1
Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
Compare against the national and state SBA charge-off rates, computed the same way over resolved loans only.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Monroe County
SBA lending by place in Monroe County
- Borrower cities with recorded lending3
- Monroeville, approvals3
- Frisco City, approvals1
- Beatrice, approvals1
| Borrower city | Approvals | Gross approval dollars |
|---|---|---|
| Monroeville | 3 | $1,404,700 |
| Frisco City | 1 | $900,000 |
| Beatrice | 1 | $50,000 |
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Monroe County
How large is Monroe County?
- Land area1,026 sq mi
- Rank by land area among Alabama counties9th of 67
- Width, east to west51.8 mi
- Height, north to south40.5 mi
- Geographies sharing a boundary6
- Residents per square mile of land19
- Establishments per square mile0.37
US Census Bureau county boundary geometry, TIGER, adjacency computed from shared boundary vertices, TIGER county boundaries. US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year. US Census Bureau, County Business Patterns, 2023.
Monroe County
Flood risk in Monroe County
- Participation of the county's own NFIP community Monroe County, unincorporated areasParticipating, community 010325
- Communities in the county in the NFIP Community Status Book3
- Of those, participating in the NFIP2
- NFIP participation rate66.7 percent
- Communities carrying a CRS class0
- Radon levels in Monroe County, EPA zone predicted average indoor radon screening level less than 2 pCi/LZone 3
The county's own community in the status book, unincorporated Monroe County (community 010325), participates in the National Flood Insurance Program and carries no Community Rating System class, so no CRS premium discount applies there. The EPA places Monroe County in radon zone 3, a predicted average indoor radon screening level less than 2 pCi/L. The zone is a screening prediction for the county and does not substitute for a test at an address. 66.7 percent of the county's listed communities participate in the National Flood Insurance Program, per Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26. US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Coverage
What this page does not hold.
Traffic counts, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Feasibility studies
When a Monroe County site needs a document a lender will accept.
The same data layer behind this page is the one the studies are written from. A study for a Monroe County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population, American Community Survey 2020-202419,388
- Households7,363
- Average household size2.63
- Median household income$42,292
- Median age44.2
Common questions
Monroe County questions, answered from the record.
How many people live in Monroe County, Alabama?
The Census Bureau estimates 19,057 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 19,388, in 7,363 households, ranking 46th of 67 Alabama counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Monroe County's population growing?
The population has fallen 3.60 percent since the 2020 census base of 19,768, to 19,057 on July 1, 2024. In 2024 there were 219 births against 293 deaths, with net migration of -112. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Monroe County?
$42,292. The median owner-occupied home is valued at $120,600, which is 2.9 times income, and median gross rent is $666 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are in Monroe County?
382 establishments, employing 5,195 people with an annual payroll of $266.9 m. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is employment by industry in Monroe County?
Manufacturing is the largest private sector at 1,195 jobs, 20.1 percent of covered employment. Covered employment averages 5,953 jobs at an average annual pay of $53,376, or $1,026 a week. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Monroe County?
5 7(a) approvals totaling $2.4 m since FY2020, across 4 lenders, with a median approval of $350,000, plus 2 504 approvals worth $5.7 m since FY2010. These are approvals recorded in the release, not loans disbursed.
How many building permits were issued in Monroe County?
47 housing units were authorized by permit in 2024, with a declared construction value of $10.9 m. Multifamily was 95.7 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Monroe County?
Zone 3, a predicted average indoor radon screening level less than 2 pCi/L. Source: US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Where do people moving to Monroe County come from?
The largest single origin is Baldwin County, with 29 households. Arriving households report an average income of $42,557 against $44,876 for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Monroe County on this page?
No. Annual average daily traffic resolves in the platform rather than in this dataset, so no AADT figure is printed here. It is a gap we know about rather than a figure we estimated.
Is zoning published for Monroe County?
No. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame, to be confirmed locally.
Monroe County
Cities and places in Monroe.
8 Census places lie wholly or partly in Monroe County. All 8 carry enough published place level data for a page of their own and are linked.
| Place | Type | Population | SBA 7(a) approvals, projects in this county | Lies in |
|---|---|---|---|---|
| Monroeville | city | 5,802 | 3 | Wholly in this county |
| Frisco City | town | 1,416 | 1 | Wholly in this county |
| Excel | town | 524 | None recorded | Wholly in this county |
| Uriah | CDP | 199 | None recorded | Wholly in this county |
| Beatrice | town | 182 | 1 | Wholly in this county |
| Vredenburgh | town | 65 | None recorded | Wholly in this county |
| Megargel | CDP | 46 | None recorded | Wholly in this county |
| Peterman | CDP | 19 | None recorded | Wholly in this county |
Nearby