Monroe County, New York: commercial real estate data.
Monroe County, New York had an estimated 752,202 residents on July 1, 2024, down 0.9 percent since the 2020 census base of 759,348, across 657 square miles. County output reached $65.11 bn in 2024, 17,484 establishments operate here, and the SBA record carries 1,182 7(a) approvals worth $297.8 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 2020-2024753,753
- Households318,428
- Average household size2.37
- Median household income$76,382
- Median age39.6
- Median gross rent$1,173 per month
- Median owner-occupied home value$213,700
- Home value to household income2.8 times
- Annual rent as a share of median income18.4 percent
- Adults 25 and over with a bachelor degree or higher41.5 percent
- Adults 25 and over with a graduate degree18.6 percent
- Adults 25 and over527,287
- Population under 18153,175
- Share under 1820.3 percent
- Population 65 and over141,504
- Share 65 and over18.8 percent
- Working age population, 18 to 64459,074
- Civilian labor force391,197
- Unemployment rate4.9 percent
- Labor force participation, adults 18 and over65.1 percent
- Rank by population among New York counties9th of 62
- Rank by population among US county-equivalents, Puerto Rico included87th of 3,222
Monroe County is the 9th largest of 62 New York counties by population. A median home costs 2.8 times median household income, which is affordable by national standards. Residents under 18 outnumber those 65 and over, at 20.3 percent against 18.8 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, 2024752,202
- Census 2020 base population759,348
- Population change since the 2020 census base-0.94 percent
- Population change, 2023 to 20241,301
- Births, 20247,445
- Deaths, 20247,029
- Natural change, 2024416
- Net domestic migration, 2024-2,778
- Net international migration, 20243,666
- Total net migration, 2024888
- Cumulative net domestic migration, 2021 to 2024-15,352
- Rank by growth among US county-equivalents2170th of 3,144
The county has lost 0.94 percent of its population since the 2020 census base. The population grew in 2024 from both sources: births exceeded deaths and more people moved in than left.
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 arriving10,689
- People arriving, from those returns16,468
- Tax returns filed by households leaving13,477
- Net household movement-2,788
- Adjusted gross income arriving$749.7 m
- Net adjusted gross income movement$-264.7 m
- Average income of an arriving household$70,135
- Average income of a leaving household$75,270
- Largest single originOntario County (758 households)
- Largest single destinationOntario County (966 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Ontario County | 758 | 1,158 | $52.3 m |
| Wayne County | 643 | 978 | $33.8 m |
| Erie County | 554 | 772 | $36.2 m |
| Livingston County | 438 | 643 | $26.4 m |
| Orleans County | 293 | 434 | $12.5 m |
| Onondaga County | 276 | 357 | $15.0 m |
| Genesee County | 267 | 407 | $14.4 m |
| Kings County | 175 | 278 | $10.6 m |
Households arriving report $5,135 less average income than households leaving, which drains spending power even where headcount holds up. The largest single source of arrivals is Ontario 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$65.11 bn
- County GDP, 2023$61.40 bn
- GDP change, 2023 to 20246.0 percent
- GDP change over five years30.1 percent
- Rank by GDP among the New York areas BEA publishes8th of 62
- Rank by GDP among the US county areas BEA publishes87th of 3,127
- GDP per resident$86,383
Output grew 6.0 percent in the latest year and 30.1 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 average382,138
- Establishments reporting19,654
- Average annual pay$66,838
- Average weekly wage$1,285
- Health care and social assistance, employment73,647
- Health care and social assistance, average annual pay$59,625
- Retail trade, employment35,169
- Retail trade, average annual pay$40,538
- Manufacturing, employment34,851
- Manufacturing, average annual pay$81,793
- Educational services, employment28,018
- Educational services, average annual pay$85,304
- Accommodation and food services, employment27,386
- Professional, scientific and technical services, employment22,032
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Health care and social assistance | 73,647 | 1,900 | $59,625 |
| Retail trade | 35,169 | 2,018 | $40,538 |
| Manufacturing | 34,851 | 838 | $81,793 |
| Educational services | 28,018 | 331 | $85,304 |
| Accommodation and food services | 27,386 | 1,635 | $26,293 |
| Professional, scientific and technical services | 22,032 | 2,205 | $93,119 |
| Administrative and support and waste management services | 19,135 | 1,385 | $51,669 |
| Construction | 15,977 | 1,636 | $78,666 |
Health care and social assistance is the largest private sector at 73,647 jobs, 19.3 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 industries17,484
- Employment at those establishments350,205
- Annual payroll$20.01 bn
- Establishments per 1,000 residents23.2
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, 20241,156
- Declared construction value permitted$285.5 m
- Single family units authorized462
- Multifamily units authorized694
- Multifamily share of units60.0 percent
- Average declared value per unit$247,007
- Units authorized per 1,000 households3.6
Multifamily is 60.0 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 recorded1,182
- 7(a) gross approval dollars$297.8 m
- Average 7(a) approval$251,981
- Median 7(a) approval$80,000
- 10th percentile approval$25,000
- 90th percentile approval$535,000
- Largest single approval$5,000,000
- Jobs reported supported, 7(a)9,870
- Jobs per approval8.4
- Distinct 7(a) lenders active55
- Distinct industries receiving approvals292
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer2.7 percent
- Loans on real estate terms32
- Loans on working capital terms, 120 months or shorter1,128
- Franchise loans78
- Franchise share of approvals6.6 percent
- Leading industry by approval countFull-Service Restaurants (64)
- Most active lenderManufacturers and Traders Trust Company (341)
- 504 approvals recorded247
- 504 gross approval dollars$136.0 m
- Average 504 approval$550,761
- Median 504 approval$350,000
- Distinct CDCs active6
- 504 jobs per approval12.4
- 504 jobs per million dollars approved22.5
- Most active CDCMonroe County Industrial Development Corporation (152)
- Combined SBA approval dollars, 7(a) FY2020 to FY2026 and 504 FY2010 to FY2026$433.9 m
The average approval of $251,981 sits well above the median of $80,000, pulled up by a few larger deals, so the median is the better guide to what a typical borrower here gets. Only 2.7 percent of approvals run on real estate terms, so SBA credit here is mostly working capital and equipment rather than property acquisition.
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 recorded253
- Paid in full236
- Charged off17
- Charge-off rate on resolved loans6.7 percent
- Status: Charged off17
- Status: Cancelled115
- Status: Exempt from disclosure710
- Status: Paid in full236
- Status: Committed, not yet disbursed104
Of the 253 loans that have reached a final outcome, 6.7 percent were charged off. This is computed only over resolved loans, because a loan still running has not yet succeeded or failed and counting it either way would be wrong.
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 lending22
- Rochester, approvals746
- Webster, approvals95
- Fairport, approvals79
- Pittsford, approvals43
- Spencerport, approvals41
- Brockport, approvals30
| Borrower city | Approvals | Gross approval dollars |
|---|---|---|
| Rochester | 746 | $189,830,600 |
| Webster | 95 | $19,520,700 |
| Fairport | 79 | $23,641,800 |
| Pittsford | 43 | $11,186,100 |
| Spencerport | 41 | $9,110,100 |
| Brockport | 30 | $6,977,500 |
| Hilton | 25 | $2,278,400 |
| East Rochester | 24 | $10,329,100 |
| 14 other borrower cities | 99 | $24,967,700 |
Rochester accounts for 746 approvals against 95 in Webster. 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 area657 sq mi
- Rank by land area among New York counties30th of 62
- Width, east to west31.5 mi
- Height, north to south29.4 mi
- Geographies sharing a boundary5
- Residents per square mile of land1,147
- Establishments per square mile26.61
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 county in the NFIP Community Status Book30
- Of those, participating in the NFIP30
- NFIP participation rate100.0 percent
- Best Community Rating System class in the county A lower CRS class is a larger flood insurance premium discount.Class 5
- Communities carrying a CRS class1
- 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. The best Community Rating System class among the county's communities is 5, which carries a flood insurance premium discount for policies written in that community. 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 2020-2024753,753
- Households318,428
- Average household size2.37
- Median household income$76,382
- Median age39.6
Common questions
Monroe County questions, answered from the record.
How many people live in Monroe County, New York?
The Census Bureau estimates 752,202 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 753,753, in 318,428 households, ranking 9th of 62 New York 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 0.94 percent since the 2020 census base of 759,348, to 752,202 on July 1, 2024. In 2024 there were 7,445 births against 7,029 deaths, with net migration of 888. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Monroe County?
$76,382. The median owner-occupied home is valued at $213,700, which is 2.8 times income, and median gross rent is $1,173 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are in Monroe County?
17,484 establishments, employing 350,205 people with an annual payroll of $20.01 bn. 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?
Health care and social assistance is the largest private sector at 73,647 jobs, 19.3 percent of covered employment. Covered employment averages 382,138 jobs at an average annual pay of $66,838, or $1,285 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?
1,182 7(a) approvals totaling $297.8 m since FY2020, across 55 lenders, with a median approval of $80,000, plus 247 504 approvals worth $136.0 m since FY2010. These are approvals recorded in the release, not loans disbursed.
Do SBA loans in Monroe County get paid back?
Of the 253 loans that have reached a final outcome, 236 were paid in full and 17 charged off, a charge-off rate of 6.7 percent. Loans still running are excluded, because they have not yet succeeded or failed.
How many building permits were issued in Monroe County?
1,156 housing units were authorized by permit in 2024, with a declared construction value of $285.5 m. Multifamily was 60.0 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 Ontario County, with 758 households. Arriving households report an average income of $70,135 against $75,270 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.
21 Census places lie wholly or partly in Monroe County. All 21 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 |
|---|---|---|---|---|
| Rochester | city | 208,772 | 746 | Wholly in this county |
| Irondequoit | CDP | 50,657 | None recorded | Wholly in this county |
| Brighton | CDP | 36,834 | None recorded | Wholly in this county |
| Greece | CDP | 13,943 | 1 | Wholly in this county |
| North Gates | CDP | 9,904 | None recorded | Wholly in this county |
| Brockport | village | 7,277 | 30 | Wholly in this county |
| Rochester Institute of Technology | CDP | 6,959 | None recorded | Wholly in this county |
| East Rochester | village | 6,218 | 24 | Wholly in this county |
| Hilton | village | 5,968 | 25 | Wholly in this county |
| Webster | village | 5,718 | 95 | Wholly in this county |
| Fairport | village | 5,403 | 79 | Wholly in this county |
| Hamlin | CDP | 4,987 | 6 | Wholly in this county |
| Clarkson | CDP | 4,836 | None recorded | Wholly in this county |
| Gates | CDP | 4,691 | None recorded | Wholly in this county |
| Spencerport | village | 3,630 | 41 | Wholly in this county |
| Honeoye Falls | village | 2,765 | 12 | Wholly in this county |
| Scottsville | village | 2,723 | 8 | Wholly in this county |
| Churchville | village | 2,312 | 11 | Wholly in this county |
| Pittsford | village | 1,664 | 43 | Wholly in this county |
| St. John Fisher College | CDP | 1,361 | None recorded | Wholly in this county |
| Nazareth College | CDP | 1,319 | None recorded | Wholly in this county |
A further 61 of the county's 1,182 SBA 7(a) approvals are to borrowers in cities that match no Census place in Monroe County, the largest being Penfield (22), Henrietta (14), North Chili (9). 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