Is Monroe, North Carolina a Good Place To Live? - Living In Monroe, NC

Is Monroe, North Carolina a good place to live?
Monroe is a city in North Carolina state in USA with a population of 35339 residents.. The poverty rate of Monroe is 14.5%, which is 4% higher than national average. The typical household in Monroe earns $53064 a year, compared to the national median of $67,500. Nearly 46.9% 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 Monroe, only 77% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Monroe remained 6.4%, which is 36% 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 Monroe, only 17% of adults have a bachelor's degree and 33% have some college but no degree.

Cost of living in Monroe is 97, which is 3% lower than national average. Median home value in Monroe is $174100 , which is 24% lower than national average. While median income in Monroe remained $53064, which is 21% lower than national average.
Population
35339
Unemployment
6.4%
36% NAT AVG.
Poverty
14.5%
4% NAT AVG.
Overall Score
6
Median Home Cost
$174100
24% NAT AVG.
Median Income
$53064
21% NAT AVG.
Median Rent
$997
14% NAT AVG.
Cost Of Living
97
3% NAT AVG.
People Living BPL
1 in 7
Unemployed People
1 in 16
People Earning < $10,000
1 in 18
People Earning < $50,000
46.9%
People with <= High School
1 in 2
People With Any Degree
1 in 4
Pros & Cons Overview

Jobs60%

Housing80%

Affordability60%

Safety30%

Amenities85%

Diversity100%

Education50%

Commute60%