Pros and Cons of Living In Monroe, Louisiana. Is Monroe, LA a Nice Place To Live or Retire?

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Monroe, Louisiana

Moving to Monroe In Louisiana ? Is Monroe, LA a Nice Place To Live? Pros and Cons of Living in Monroe, Louisiana. Find out the best and worst about to live, raise a family or retire in Monroe.

Monroe is the eighth-largest city in the U.S. state of Louisiana, and parish seat of Ouachita Parish. With a 2020 census-tabulated population of 47,702, it is the principal city of the Monroe metropolitan statistical area, the second-largest metropolitan area in North Louisiana. Pecanland Mall is located in Monroe.

DEMOGRAPHICS

Population
47906
Unemployment
7.9%
68% NAT AVG.
Poverty
36%
157% NAT AVG.
Cost Of Living
84
16% NAT AVG.

ECONOMICS

Median Home Cost
$150000
35% NAT AVG.
Median Income
$31926
53% NAT AVG.
Median Rent
$711
39% NAT AVG.
Overall Score
3

CRIME REPORT

Total Crime
4282
287% NAT. AVG.
158% STATE AVG.
Violent Crime
1399
665% NAT. AVG.
364% STATE AVG.
Property Crime
2883
212% NAT. AVG.
112% STATE AVG.

SOCIO-ECONOMICS

People Living Below BPL
1 in 3
Unemployed People
1 in 13
People Earning < $10,000
1 in 5
People Earning < $50,000
67%
People With Any Degree
1 in 3.3

ETHNICITY

Ethnicity Monroe USA
White 34% 60.1%
African American 61.4% 12.2%
American Indian 0.1% 0.6%
Asian 1.1% 5.6%
Hawaiian 0% 0.2%
Multiracial 0.7% 2.8%
Hispanic 1.8% 18.2%
Other 0.9% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Monroe USA
Less than $10,000 20.6% 5.8%
$10,000 to $14,999 8.5% 4.1%
$15,000 to $24,999 13% 8.5%
$25,000 to $34,999 11.5% 8.6%
$35,000 to $49,999 13.4% 12.0%
$50,000 to $74,999 12.3% 17.2%
$75,000 to $99,999 5.4% 12.8%
$100,000 to $149,999 7.4% 15.6%
$150,000 to $199,999 3.4% 7.1%

EDUCATION

Education Monroe USA
< 9th Grade 2% 5.0%
9-12th Grade 11% 7.0%
High School or GED 34% 27.0%
Other College 23% 20.0%
Associate's Degree 4% 9%
Bachelor's Degree 17% 20.0%
Master's Degree 6% 9.0%
Professional Degree 2% 2.0%
Doctorate Degree 1% 1.0%
Monroe is a city in Louisiana state in USA with a population of 47906 residents.. The poverty rate of Monroe is 36%, which is 157% higher than national average. The typical household in Monroe earns $31926 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 3 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 5 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 67% of households earn less than $50,000 a year compared to 39% national rate. The unemployment rate of Monroe remained 7.9%, which is 68% higher than national rate. Nearly 2 times comparable to 4.7% national rate, according to the Census.

Cost of living in Monroe is 84, which is 16% lower than national average. In Monroe, only 26% of adults have a bachelor's degree and 27% have some college but no degree. Median home value in Monroe is $150000 , which is 35% lower than national average. While median income in Monroe remained $31926, which is 53% lower than national average.
Monroe Scorecard

Jobs40%

Housing60%

Affordability40%

Safety10%

Amenities85%

Diversity85%

Education70%

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