HomeNorth CarolinaUnion CountyMonroe
Monroe, North Carolina: commercial real estate data.
Monroe is a Census city of 36,759 people across 32.19 square miles of land, in Union County. Median household income is $72,540, 61.6 percent of occupied homes are owned, and the SBA record carries 99 7(a) approvals to borrowers here worth $75.0 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Monroe
What Monroe is
- Census place typecity
- Land area32.19 sq mi
- Water area0.63 sq mi
- Population per square mile of land1,142
- County holding the largest share of its areaUnion 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
- Population36,759
- Median age35.5
- Population under 188,998
- Share under 1824.5 percent
- Population 65 and over5,480
- Share 65 and over14.9 percent
- Households12,620
- Family households8,405
- Share of households that are families66.6 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$72,540
- Per capita income$31,089
- Civilian labor force18,613
- Employed17,749
- Unemployed864 plus or minus 276
- Unemployment rate4.6 percent plus or minus 1.5
- Adults 25 and over23,479
- Adults 25 and over with a high school diploma or higher82.6 percent
- Adults 25 and over with a bachelor degree or higher24.1 percent
- Adults 25 and over with a graduate degree7.9 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Monroe
Housing in Monroe
- Housing units13,469
- Occupied units12,620
- Vacant units849 plus or minus 281
- Vacancy rate6.3 percent plus or minus 2.1
- Owner occupied7,771
- Renter occupied4,849
- Ownership rate61.6 percent
- Median owner-occupied home value$309,100
- Median gross rent, monthly$1,246
- Annual rent as a share of median income20.6 percent
- Single family units10,250
- Share single family76.1 percent
- Units in buildings of two or more2,879
- Share in buildings of two or more21.4 percent
- Mobile homes340 plus or minus 142
- Median year structure built1989
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 commute16,098
- Commuting under 15 minutes3,721
- Share commuting under 15 minutes23.1 percent
- Commuting 30 minutes or more7,081
- Share commuting 30 minutes or more44.0 percent
- Drove alone75.1 percent
- Carpooled14.8 percent plus or minus 3.3
- Public transport0.0 percent
- Walked0.7 percent plus or minus 0.5
- Worked from home7.5 percent plus or minus 1.7
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Monroe
SBA loans in Monroe (7(a))
- Approvals99
- Gross approval$74,983,000
- Average approval$757,404
- Median approval$332,000
- Ninetieth percentile approval$2,160,400
- Largest approval$5,000,000
- Jobs supported1,159
- Jobs per approval11.7
- Loans with a final outcome22
- Paid in full21
- Charged off1
- Median term120 months
- Share on real estate terms of 20 years or more27.3 percent
- Share to franchises12.1 percent
- Distinct lenders39
- Distinct industries by NAICS69
Counted by borrower city: approvals to borrowers whose address is in Monroe, in any county, FY2020 to FY2026. Only 22 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)
- Approvals16
- Gross approval$9,857,000
- Average approval$616,063
- Median approval$347,500
- Largest approval$3,815,000
- Jobs supported195
- Loans with a final outcome7
- 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 7 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 number370236
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date03/02/09
The City of Monroe participates in the National Flood Insurance Program as community 370236 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.
Union County, not Monroe
Union County context, not Monroe figures
- Establishments in Union County5,732
- Covered employment, Union County74,299
- Average annual pay, Union County$61,500
- Housing units permitted, Union County2,334
Every figure in this section is published for Union 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, North Carolina?
36,759, in 12,620 households. Monroe city covers 32.19 square miles of land, which is 1,142 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?
Union 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?
$72,540. The median owner-occupied home is valued at $309,100. Median gross rent is $1,246 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?
99 7(a) approvals totaling $75.0 m since FY2020, across 39 lenders, median approval $332,000, plus 16 504 approvals worth $9.9 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 22 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 370236, 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 Union 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.