Monroe County, Georgia: commercial real estate data.
Monroe County, Georgia has a population of 29,664 across 396 square miles, up 12.4 percent since the 2020 census base. 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.
123 sourced county values · tier FULL · 12 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Monroe County
How many people live in Monroe County
- Population29,664
- 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-equivalents1485th
Monroe County is the 63rd largest of 159 Georgia counties by population. A median home costs 3.3 times median household income, which is an affordable ownership market 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 change since the 2020 census base12.45 percent
- Census 2020 base population27,957
- 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
The county has grown 12.45 percent since the 2020 census base. Deaths exceeded births in 2024, so all of the growth came from people moving in. A market held up by migration alone 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
- Adjusted gross income arriving$96.3 m
- Net adjusted gross income movement$0
- Average income of an arriving household$92,748
- Largest single originMonroe County Non-migrants (9,563 households)
- Largest single destination (9,563 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Monroe County Non-migrants | 9,563 | 20,715 | $892.4 m |
| Other flows - Same State | 252 | 478 | $21.8 m |
| Bibb County | 231 | 483 | $26.0 m |
| Other flows - Different State | 179 | 419 | $17.0 m |
| Henry County | 133 | 313 | $14.5 m |
| Other flows - South | 108 | 230 | $9.8 m |
| Butts County | 51 | 107 | $3.5 m |
| Houston County | 51 | 97 | $4.9 m |
The largest single source of arrivals is Monroe County Non-migrants, 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 Georgia counties56th
- Rank by GDP among US county-equivalents1357th
- 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
Largest employers in Monroe County
- Covered employment, annual average8,072
- Establishments reporting688
- Average annual pay$54,833
- Average weekly wage$1,054
- Sector 44-45, employment815
- Sector 44-45, average annual pay$28,798
- Sector 72, employment774
- Sector 72, average annual pay$20,964
- Sector 23, employment621
- Sector 23, average annual pay$59,380
- Sector 62, employment588
- Sector 62, average annual pay$43,999
- Sector 31-33, employment288
- Sector 42, employment272
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 44-45 | 815 | 79 | $28,798 |
| Sector 72 | 774 | 45 | $20,964 |
| Sector 23 | 621 | 81 | $59,380 |
| Sector 62 | 588 | 72 | $43,999 |
| Sector 31-33 | 288 | 20 | $61,624 |
| Sector 42 | 272 | 28 | $86,324 |
| Sector 81 | 251 | 48 | $46,836 |
| Sector 52 | 160 | 27 | $46,821 |
The largest sector is the biggest private employer group at 815 jobs, 10.1 percent of covered employment. Average pay per job sits below median household income, so households here typically need more than one earner.
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.
US Census Bureau, County Business Patterns, 2023.
Monroe County
Building permits in Monroe County
- Housing units authorised by permit, 2024281
- Declared construction value permitted$86.5 m
- Single family units authorised281
- Multifamily units authorised0
- Multifamily share of units0.0 percent
- Average declared value per unit$307,907
- Units authorised per 1,000 households26.6
Multifamily is 0.0 percent of units authorised, so the pipeline is predominantly for sale product.
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$730,000
- 10th percentile approval$95,000
- 90th percentile approval$3,887,000
- 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) term300 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
- Leading industry by approval countGasoline Stations with Convenience Stores (2)
- 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$387,000
- Distinct CDCs active3
- 504 jobs per approval8.5
- 504 jobs per million dollars approved16.9
- Most active CDCCapital Partners Certified Development Company (7)
- 7(a) share of SBA approvals66.7 percent
- Combined SBA approval dollars$32.7 m
The average approval of $1,380,770 sits well above the median of $730,000, so a small number of large deals is pulling the mean up. The median is the better guide to what a typical borrower here actually 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
Too few loans have reached a final outcome to publish a charge off rate. only 2 resolved loans, too few to publish a rate. A rate computed on a handful of loans is noise, so none is shown.
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
- Places in the county with recorded lending4
- FORSYTH, approvals16
- Macon, approvals2
- JULIETTE, approvals1
- CULLODEN, approvals1
| Place | Approvals | Gross approval dollars |
|---|---|---|
| FORSYTH | 16 | $24,110,400 |
| Macon | 2 | $1,490,000 |
| JULIETTE | 1 | $485,000 |
| CULLODEN | 1 | $1,530,000 |
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
- Communities 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 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 FEMA OpenFEMA, NFIP Community Status Book, Community Status Book, as retrieved.
FEMA OpenFEMA, NFIP Community Status Book, Community Status Book, as retrieved. US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- Flood zone record counts are not held. The flood coverage export has not landed, so no count is shown rather than an estimated one.
- Traffic counts resolve in the platform, not in this dataset, so no AADT figure is printed here.
- Zoning is in build. Parcel level zoning is not published on this page.
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.
- Population29,664
- 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?
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. 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 the average wage in Monroe County?
Average annual pay is $54,833, or $1,054 a week, across 8,072 covered jobs. 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 totalling $27.6 m since FY2020, across 14 lenders, with a median approval of $730,000, plus 10 504 approvals worth $5.0 m. These are approvals recorded in the release, not loans disbursed.
How many building permits were issued in Monroe County?
281 housing units were authorised 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 Monroe County Non-migrants, with 9,563 households. Arriving households report an average income of $92,748 against null 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?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame with confirm locally attached.
Monroe County
Cities and places in Monroe.
5 Census places lie wholly or partly in Monroe County. 5 carry enough published place level data for a page of their own and are linked. The rest are named here and not linked, because the American Community Survey and the SBA record between them do not carry enough about them to write an honest page. A place existing is itself worth knowing, so nothing in the county is left out.
| Place | Type | Population | SBA approvals | Lies in |
|---|---|---|---|---|
| Forsyth | city | 4,642 | 17 | 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 173 SBA approvals in Monroe County are recorded against borrower cities that match no Census place, the largest being Macon. Those are postal cities and unincorporated areas rather than incorporated places, so no page claims them, and their lending is counted in this county's totals above rather than under any city.