Monrovia is a very small town located in the state of Indiana. With a population of 1,954 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 $84,688.00.

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: 14.30% 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.

Because of many things, Monrovia is a very good place for families to consider. With an enviable combination of good schools, low crime, college-educated neighbors who tend to support education because of their own experiences, and a high rate of home ownership in predominantly single-family properties, Monrovia really has some of the features that families look for when choosing a good community to raise children. Is Monrovia perfect? Of course not, and if you like frenetic nightlife, it will be far from your cup of tea. But overall this is a solid community, with many things to recommend it as a family-friendly place to live.

One downside of living in Monrovia, however, is that residents on average have to contend with a long commute, spending on average 34.67 minutes every day commuting to work.

As is often the case in a small town, Monrovia doesn't have a public transportation system that people use for their commute.

The percentage of adults in Monrovia who are college-educated is close to the national average for all communities of 21.84%: 20.12% of the adults in Monrovia have a bachelor's degree or advanced degree.

The per capita income in Monrovia in 2022 was $33,936, 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 $135,744 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, French, and Norwegian.

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