HomeMichiganMonroe CountyMonroe city
Monroe city, Michigan: commercial real estate data.
Monroe city 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.
81 sourced place values · tier FULL · 9 sections
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 7(a) lending to Monroe borrowers
- Approvals74
- Gross approval$37,275,800
- Average approval$503,727
- Median approval$170,000
- Ninetieth percentile approval$1,455,500
- Largest approval$3,190,000
- Jobs supported759
- Jobs per approval10.3
- Loans with a final outcome12
- Paid in full12
- Charged off0
- Charge-off rate over resolved loans0.0 percent
- 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
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Monroe
SBA 504 lending to Monroe borrowers
- Approvals8
- Gross approval$6,981,000
- Average approval$872,625
- Median approval$491,000
- Largest approval$3,996,000
- Jobs supported289
- Loans with a final outcome0
- Charged off0
- Median term240 months
- Distinct CDCs2
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Monroe
Flood programme status in Monroe
- Listed NFIP communities2
- Of those, participating2
- NFIP community number260153
- Currently effective map date06/19/20
This community carries no Community Rating System class, so no CRS premium discount applies to it.
FEMA, National Flood Insurance Program Community Status Book, Community Status Book, as retrieved.
Monroe County, not Monroe
Monroe County context, not Monroe figures
These are Monroe County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Monroe measurements.
- Establishments in Monroe County2,395
- Employment at those establishments, Monroe County37,143
- Covered employment, Monroe County41,159
- Average annual pay, Monroe County$60,516
- Average weekly wage, Monroe County$1,164
- Housing units permitted, Monroe County237
- Of those, single family, Monroe County219
- County product, 2024, Monroe County$8,136,406,000
- County product change over the prior year, Monroe County3.3 percent
- Average income of an arriving household, Monroe County$62,165
Every figure in this section is published for Monroe County as a whole and is not a measurement of Monroe. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
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. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
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.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
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 totalling $37.3 m, across 27 lenders, median approval $170,000, plus 8 504 approvals worth $7.0 m. 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?
Of the 12 loans that have reached a final outcome, 12 were paid in full and 0 charged off, a charge off rate of 0.0 percent. Loans still running are excluded because they have not yet succeeded or failed.
Is Monroe in the National Flood Insurance Program?
Yes. Monroe appears in the FEMA Community Status Book as 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 labelled 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?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.