Monrovia is a very small town located in the state of Indiana. With a population of 2,322 people and two associated neighborhoods, Monrovia is the 266th largest community in Indiana. Much of the housing stock in Monrovia was built relatively recently. The construction of new real estate can often be taken as an indication that the local Monrovia economy is robust, and that jobs or other amenities are attracting an influx of new residents. This seems to be the case in Monrovia, where the median household income is $92,344.00.

Monrovia real estate is some of the most expensive in Indiana, although Monrovia house values don't compare to the most expensive real estate in the U.S.

Also of interest is that Monrovia has more people living here who work in computers and math than 95% of the places in the US.

One interesting thing about the economy is that relatively large numbers of people worked from their home: 14.69% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.

One downside of living in Monrovia is that it can take a long time to commute to work. In Monrovia, the average commute to work is 34.48 minutes, which is quite a bit higher than the national average.

Being a small town, Monrovia does not have a public transit system used by locals to get to and from work.

The population of Monrovia overall has a level of education that is slightly above the US average for all US cities and towns of 21.84%. Of adults 25 and older in Monrovia, 22.72% have at least a bachelor's degree.

The per capita income in Monrovia in 2022 was $34,820, which is upper middle income relative to Indiana, and middle income relative to the rest of the US. This equates to an annual income of $139,280 for a family of four. However, Monrovia contains both very wealthy and poor people as well.

Monrovia is a somewhat ethnically-diverse town. The people who call Monrovia home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Monrovia residents report their race to be White, followed by Black or African-American. Important ancestries of people in Monrovia include German, English, Irish, Polish, and Scottish.

The most common language spoken in Monrovia is English. Other important languages spoken here include Langs. of India and Tagalog.