HomeMichiganMonroe CountyMonroe
Monroe, Michigan: commercial real estate data.
Monroe is a Census city of 20,320 people across 9.05 square miles of land, in Monroe County. Median household income is $59,813, 69.3 percent of occupied homes are owned, and the SBA record carries 74 7(a) approvals to borrowers here worth $37.3 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Monroe
What Monroe is
- Census place typecity
- Land area9.05 sq mi
- Water area1.17 sq mi
- Population per square mile of land2,246
- County holding the largest share of its areaMonroe County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Monroe
How many people live in Monroe
- Population20,320
- Median age37.6
- Population under 184,782
- Share under 1823.5 percent
- Population 65 and over3,203
- Share 65 and over15.8 percent
- Households8,618
- Family households4,968
- Share of households that are families57.6 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Monroe
Income and work in Monroe
- Median household income$59,813
- Per capita income$31,285
- Civilian labor force9,202
- Employed8,526
- Unemployed676 plus or minus 231
- Unemployment rate7.3 percent plus or minus 2.5
- Adults 25 and over14,187
- Adults 25 and over with a high school diploma or higher88.9 percent
- Adults 25 and over with a bachelor degree or higher19.9 percent
- Adults 25 and over with a graduate degree7.5 percent plus or minus 1.6
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Monroe
Housing in Monroe
- Housing units9,000
- Occupied units8,618
- Vacant units382 plus or minus 144
- Vacancy rate4.2 percent plus or minus 1.6
- Owner occupied5,969
- Renter occupied2,649
- Ownership rate69.3 percent
- Median owner-occupied home value$167,900
- Median gross rent, monthly$909
- Annual rent as a share of median income18.2 percent
- Single family units6,802
- Share single family75.6 percent
- Units in buildings of two or more2,154
- Share in buildings of two or more23.9 percent
- Mobile homes44 plus or minus 33
- Median year structure built1953
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Monroe
How Monroe gets to work
- Workers 16 and over who commute7,831
- Commuting under 15 minutes3,767
- Share commuting under 15 minutes48.1 percent
- Commuting 30 minutes or more2,171
- Share commuting 30 minutes or more27.7 percent
- Drove alone80.1 percent
- Carpooled7.8 percent plus or minus 1.9
- Public transport1.1 percent plus or minus 0.7
- Walked2.9 percent plus or minus 1.8
- Worked from home6.8 percent plus or minus 2.2
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Monroe
SBA loans in Monroe (7(a))
- Approvals74
- Gross approval$37,275,800
- Average approval$503,727
- Median approval$160,000
- Ninetieth percentile approval$1,437,350
- Largest approval$3,190,000
- Jobs supported759
- Jobs per approval10.3
- Loans with a final outcome12
- Paid in full12
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more24.3 percent
- Share to franchises20.3 percent
- Distinct lenders27
- Distinct industries by NAICS41
Counted by borrower city: approvals to borrowers whose address is in Monroe, in any county, FY2020 to FY2026. Only 12 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Monroe
SBA loans in Monroe (504)
- Approvals8
- Gross approval$6,981,000
- Average approval$872,625
- Median approval$427,500
- Largest approval$3,996,000
- Jobs supported289
- Loans with a final outcome0
- Charged off0
- Median term240 months
- Distinct CDCs2
Counted by borrower city: approvals to borrowers whose address is in Monroe, in any county, FY2010 to FY2026. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Monroe
Flood risk in Monroe
- NFIP communityCity of Monroe
- NFIP community number260153
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date06/19/20
The City of Monroe participates in the National Flood Insurance Program as community 260153 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Monroe County, not Monroe
Monroe County context, not Monroe figures
- Establishments in Monroe County2,395
- Covered employment, Monroe County41,159
- Average annual pay, Monroe County$60,516
- Housing units permitted, Monroe County237
Every figure in this section is published for Monroe County as a whole and is not a measurement of Monroe.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, 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 →
Common questions
Monroe questions, answered from the record.
How many people live in Monroe, Michigan?
20,320, in 8,618 households. Monroe city covers 9.05 square miles of land, which is 2,246 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Monroe in?
Monroe County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Monroe?
$59,813. The median owner-occupied home is valued at $167,900. Median gross rent is $909 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Monroe businesses?
74 7(a) approvals totaling $37.3 m since FY2020, across 27 lenders, median approval $160,000, plus 8 504 approvals worth $7.0 m since FY2010. These count approvals to borrowers whose address is in Monroe, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Monroe borrowers get paid back?
No rate is published for Monroe. Only 12 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Monroe in the National Flood Insurance Program?
Yes. Monroe appears in the FEMA Community Status Book as Monroe, city of, community 260153, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Monroe figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Monroe County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Monroe.
Is zoning published for Monroe?
No. Nothing on this page presents parcel level zoning.