Monroe County, Georgia: commercial real estate data.
Monroe County, Georgia had an estimated 31,437 residents on July 1, 2024, up 12.4 percent since the 2020 census base of 27,957, across 396 square miles. County output reached $1.83 bn in 2024, 604 establishments operate here, and the SBA record carries 20 7(a) approvals worth $27.6 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 2020-202429,664
- Households10,554
- Average household size2.81
- Median household income$83,183
- Median age41.8
- Median gross rent$943 per month
- Median owner-occupied home value$271,200
- Home value to household income3.3 times
- Annual rent as a share of median income13.6 percent
- Adults 25 and over with a bachelor degree or higher27.0 percent
- Adults 25 and over with a graduate degree11.8 percent
- Adults 25 and over20,597
- Population under 186,267
- Share under 1821.1 percent
- Population 65 and over5,677
- Share 65 and over19.1 percent
- Working age population, 18 to 6417,720
- Civilian labor force14,294
- Unemployment rate2.7 percent
- Labor force participation, adults 18 and over61.1 percent
- Rank by population among Georgia counties63rd of 159
- Rank by population among US county-equivalents, Puerto Rico included1485th of 3,222
Monroe County is the 63rd largest of 159 Georgia counties by population. A median home costs 3.3 times median household income, which is moderately unaffordable by national standards. Residents under 18 outnumber those 65 and over, at 21.1 percent against 19.1 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Monroe County
Is Monroe County's population growing?
- Population, July 1, 202431,437
- Census 2020 base population27,957
- Population change since the 2020 census base12.45 percent
- Population change, 2023 to 2024821
- Births, 2024268
- Deaths, 2024368
- Natural change, 2024-100
- Net domestic migration, 2024904
- Net international migration, 202421
- Total net migration, 2024925
- Cumulative net domestic migration, 2021 to 20243,757
- Rank by growth among US county-equivalents99th of 3,144
The county has grown 12.45 percent since the 2020 census base. Deaths exceeded births in 2024 and the population still grew, so all of the growth came from people moving in. A market held up by migration is more sensitive to a change in relative cost than one growing from household formation.
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 arriving1,038
- People arriving, from those returns2,173
- Tax returns filed by households leaving676
- Net household movement362
- Adjusted gross income arriving$96.3 m
- Net adjusted gross income movement$44.6 m
- Average income of an arriving household$92,748
- Average income of a leaving household$76,436
- Largest single originBibb County (231 households)
- Largest single destinationBibb County (191 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Bibb County | 231 | 483 | $26.0 m |
| Henry County | 133 | 313 | $14.5 m |
| Butts County | 51 | 107 | $3.5 m |
| Houston County | 51 | 97 | $4.9 m |
| Lamar County | 35 | 71 | $1.7 m |
| Spalding County | 35 | 74 | $1.4 m |
| Clayton County | 25 | 45 | $1.2 m |
| Jones County | 25 | 46 | $1.4 m |
Households arriving report $16,312 more average income than households leaving, so the migration is raising local spending power rather than just moving it around. The largest single source of arrivals is Bibb 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$1.83 bn
- County GDP, 2023$1.70 bn
- GDP change, 2023 to 20247.8 percent
- GDP change over five years42.3 percent
- Rank by GDP among the Georgia areas BEA publishes56th of 159
- Rank by GDP among the US county areas BEA publishes1357th of 3,127
- GDP per resident$61,678
Output grew 7.8 percent in the latest year and 42.3 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 average8,072
- Establishments reporting688
- Average annual pay$54,833
- Average weekly wage$1,054
- Retail trade, employment815
- Retail trade, average annual pay$28,798
- Accommodation and food services, employment774
- Accommodation and food services, average annual pay$20,964
- Construction, employment621
- Construction, average annual pay$59,380
- Health care and social assistance, employment588
- Health care and social assistance, average annual pay$43,999
- Manufacturing, employment288
- Wholesale trade, employment272
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Retail trade | 815 | 79 | $28,798 |
| Accommodation and food services | 774 | 45 | $20,964 |
| Construction | 621 | 81 | $59,380 |
| Health care and social assistance | 588 | 72 | $43,999 |
| Manufacturing | 288 | 20 | $61,624 |
| Wholesale trade | 272 | 28 | $86,324 |
| Other services, except public administration | 251 | 48 | $46,836 |
| Finance and insurance | 160 | 27 | $46,821 |
Retail trade is the largest private sector at 815 jobs, 10.1 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 industries604
- Employment at those establishments6,750
- Annual payroll$315.1 m
- Establishments per 1,000 residents20.4
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, 2024281
- Declared construction value permitted$86.5 m
- Single family units authorized281
- Multifamily units authorized0
- Multifamily share of units0.0 percent
- Average declared value per unit$307,907
- Units authorized per 1,000 households26.6
Single-family homes are 100.0 percent of units authorized, so the pipeline is predominantly single-family.
US Census Bureau, Building Permits Survey, 2024 annual.
Monroe County
SBA loans in Monroe County (7(a) and 504)
- 7(a) approvals recorded20
- 7(a) gross approval dollars$27.6 m
- Average 7(a) approval$1,380,770
- Median 7(a) approval$705,950
- 10th percentile approval$90,500
- 90th percentile approval$3,435,200
- Largest single approval$3,932,000
- Jobs reported supported, 7(a)253
- Jobs per approval12.7
- Distinct 7(a) lenders active14
- Distinct industries receiving approvals15
- Median 7(a) term270 months
- Share of loans on real estate terms, 240 months or longer55.0 percent
- Loans on real estate terms11
- Loans on working capital terms, 120 months or shorter9
- Franchise loans3
- Franchise share of approvals15.0 percent
- Most active lenderThe Huntington National Bank (5)
- 504 approvals recorded10
- 504 gross approval dollars$5.0 m
- Average 504 approval$503,800
- Median 504 approval$371,000
- Distinct CDCs active3
- 504 jobs per approval8.5
- 504 jobs per million dollars approved16.9
- Most active CDCCapital Partners Certified Development Company (7)
- Combined SBA approval dollars, 7(a) FY2020 to FY2026 and 504 FY2010 to FY2026$32.7 m
The average approval of $1,380,770 sits well above the median of $705,950, pulled up by a few larger deals, so the median is the better guide to what a typical borrower here gets. 55.0 percent of approvals run on real estate terms of 240 months or more, so this is a market where SBA credit is buying buildings, not just funding operations.
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 recorded2
- Paid in full2
- Charged off0
- Status: Exempt from disclosure14
- Status: Cancelled4
- Status: Paid in full2
Only 2 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 lending4
- Forsyth, approvals16
- Macon, approvals2
- Culloden, approvals1
- Juliette, approvals1
| Borrower city | Approvals | Gross approval dollars |
|---|---|---|
| Forsyth | 16 | $24,110,400 |
| Macon | 2 | $1,490,000 |
| Culloden | 1 | $1,530,000 |
| Juliette | 1 | $485,000 |
Forsyth accounts for 16 approvals against 2 in Macon. County level figures average over that gap, which is why a site decision is made at the submarket rather than the county.
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 area396 sq mi
- Rank by land area among Georgia counties57th of 159
- Width, east to west24 mi
- Height, north to south24.5 mi
- Geographies sharing a boundary7
- Residents per square mile of land75
- Establishments per square mile1.53
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 130138
- Communities in the county in the NFIP Community Status Book2
- Of those, participating in the NFIP2
- NFIP participation rate100.0 percent
- Communities carrying a CRS class0
- Radon levels in Monroe County, EPA zone predicted average indoor radon screening level from 2 to 4 pCi/LZone 2
The county's own community in the status book, unincorporated Monroe County (community 130138), 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 2, a predicted average indoor radon screening level from 2 to 4 pCi/L. The zone is a screening prediction for the county and does not substitute for a test at an address. 100.0 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 2020-202429,664
- Households10,554
- Average household size2.81
- Median household income$83,183
- Median age41.8
Common questions
Monroe County questions, answered from the record.
How many people live in Monroe County, Georgia?
The Census Bureau estimates 31,437 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 29,664, in 10,554 households, ranking 63rd of 159 Georgia counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Monroe County's population growing?
The population has grown 12.45 percent since the 2020 census base of 27,957, to 31,437 on July 1, 2024. In 2024 there were 268 births against 368 deaths, with net migration of 925. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Monroe County?
$83,183. The median owner-occupied home is valued at $271,200, which is 3.3 times income, and median gross rent is $943 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are in Monroe County?
604 establishments, employing 6,750 people with an annual payroll of $315.1 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?
Retail trade is the largest private sector at 815 jobs, 10.1 percent of covered employment. Covered employment averages 8,072 jobs at an average annual pay of $54,833, or $1,054 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?
20 7(a) approvals totaling $27.6 m since FY2020, across 14 lenders, with a median approval of $705,950, plus 10 504 approvals worth $5.0 m since FY2010. These are approvals recorded in the release, not loans disbursed.
How many building permits were issued in Monroe County?
281 housing units were authorized by permit in 2024, with a declared construction value of $86.5 m. Multifamily was 0.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Monroe County?
Zone 2, a predicted average indoor radon screening level from 2 to 4 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 Bibb County, with 231 households. Arriving households report an average income of $92,748 against $76,436 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.
5 Census places lie wholly or partly in Monroe County. All 5 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 |
|---|---|---|---|---|
| Forsyth | city | 4,642 | 16 | Wholly in this county |
| Culloden | city | 428 | 1 | Wholly in this county |
| Bolingbroke | CDP | 426 | None recorded | Wholly in this county |
| Juliette | CDP | 128 | 1 | Wholly in this county |
| Smarr | CDP | 58 | None recorded | Wholly in this county |
A further 2 of the county's 20 SBA 7(a) approvals are to borrowers in cities that match no Census place in Monroe County, the largest being Macon (2). Those are postal cities, unincorporated areas and cities outside the county, so no place row claims them; they are counted in the county total above.
Nearby