Monroe is a medium-sized city located in the state of Washington. With a population of 19,927 people and six associated neighborhoods, Monroe is the 61st largest community in Washington. There's nothing like the smell of a brand new house, and in Monroe, you'll find that a large proportion of houses were recently built. New growth in residential real estate is an indication that people are choosing to move to Monroe, and putting down their money on brand new construction. Monroe’s real estate is, on average, some of the newest in the nation. Monroe does seem to be experiencing an influx of affluent people, because the median household income is $110,461.00.
Housing costs in Monroe are among some of the highest in the nation, although real estate prices here don't compare to real estate prices in the most expensive communities in Washington.
Also of interest is that Monroe 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: 20.40% 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.
In Monroe, however, the average commute to work is quite long. On average, people spend 31.75 minutes each day getting to work, which is significantly higher than the national average.
The overall education level of Monroe citizens is substantially higher than the typical US community, as 30.03% of adults in Monroe have at least a bachelor's degree, and the average American community has 21.84%.
The per capita income in Monroe in 2022 was $43,626, which is upper middle income relative to Washington and the nation. This equates to an annual income of $174,504 for a family of four. However, Monroe contains both very wealthy and poor people as well.
Monroe is an extremely ethnically-diverse city. The people who call Monroe home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Monroe residents report their race to be White, followed by Asian. Monroe also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 17.62% of the city’s residents. Important ancestries of people in Monroe include German, English, Irish, Norwegian, and Italian.
Monroe also has a high percentage of its population that was born in another country: 16.47%.
The most common language spoken in Monroe is English. Other important languages spoken here include Spanish and Slavic languages.