Monsey is a city in New York state in USA with a population of 23733 residents.. The poverty rate of Monsey is 45.7%, which is 226% higher than national average. The typical household in Monsey earns $40543 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 2 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 22 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 56.3% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Monsey, only 76% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Monsey remained 6.5%, which is 38% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Monsey, only 11% of adults have a bachelor's degree and 28% have some college but no degree.

Cost of living in Monsey is 155, which is 55% higher than national average. Median home value in Monsey is $682200 , which is 197% higher than national average. While median income in Monsey remained $40543, which is 40% lower than national average.