Department of Numbers

Monroe Michigan Household Income

The Census ACS 1-year survey reports that the median household income for the Monroe Michigan metro area was $60,799 in 2016, the latest figures available. Monroe median household income is $8,307 higher than the median Michigan household income and $3,182 greater than the US median household income. 2017 metro income data (including Monroe median household income) will be released in September of 2018. Median family and per capita income for Monroe are shown below.

Show dollars as: Nominal Real

Real Median Household Income for Monroe Michigan

2016 1 Year Change 3 Year Change
US $57,617 +2.01% +7.02%
Michigan $52,492 +1.47% +5.53%
Monroe $60,799 +10.38% +10.17%

Trends in Monroe, MI Real Median Household Income since 2005

The current median household income for Monroe is $60,799. Real median household income peaked in 2005 at $68,410 and is now $7,611 (11.13%) lower. From a post peak low of $52,973 in 2012, real median household income for Monroe has now grown by $7,826 (14.77%).

Real Median Household Income: Monroe, Michigan, National

Historical Inflation Adjusted Median Household Income for Monroe

Date US Michigan Monroe
2016 $57,617 $52,492 $60,799
2015 $56,480 $51,729 $55,083
2014 $54,398 $50,535 $58,066
2013 $53,838 $49,741 $55,189
2012 $53,701 $48,984 $52,973
2011 $53,879 $49,056 $57,338
2010 $55,093 $49,992 $55,079
2009 $56,180 $50,624 $59,092
2008 $58,000 $54,168 $63,717
2007 $58,736 $55,506 $62,220
2006 $57,677 $56,166 $64,811
2005 $56,832 $56,582 $68,410

Monroe Family Income

The ACS 1-year data shows the median family income for Monroe was $74,347 in 2016. Compared to the median Michigan family income, Monroe median family income is $7,017 higher. As with the median household income data, 2017 family income data for Monroe will be released in September of 2018.

Show dollars as: Nominal Real

Real Median Family Income for Monroe Michigan

2016 1 Year Change 3 Year Change
US $71,062 +2.81% +7.71%
Michigan $67,330 +4.06% +7.39%
Monroe $74,347 +3.10% +7.04%

Trends in Monroe, MI Real Median Family Income since 2005

The current median family income for Monroe is $74,347. Real median family income peaked in 2005 at $80,552 and is now $6,205 (7.70%) lower. From a post peak low of $64,601 in 2012, real median family income for Monroe has now grown by $9,746 (15.09%).

Real Median Family Income: Monroe, Michigan, National

Historical Inflation Adjusted Median Family Income for Monroe

Date US Michigan Monroe
2016 $71,062 $67,330 $74,347
2015 $69,122 $64,700 $72,110
2014 $66,820 $63,001 $70,382
2013 $65,977 $62,696 $69,457
2012 $65,363 $61,984 $64,601
2011 $65,564 $61,951 $65,483
2010 $66,721 $61,758 $66,022
2009 $68,329 $63,406 $67,114
2008 $70,638 $67,571 $73,968
2007 $70,813 $69,013 $75,383
2006 $69,670 $69,039 $74,380
2005 $68,618 $70,394 $80,552

Monroe Per Capita Income

The ACS 1-year survey shows the per capita income for Monroe was $29,768 in 2016. Compared to the median Michigan per capita income, Monroe median per capita income is $640 higher. As with the median household and median family income numbers above, 2017 per capita income data for Monroe will be released in September of 2018.

Show dollars as: Nominal Real

Real Per Capita Income for Monroe Michigan

2016 1 Year Change 3 Year Change
US $31,128 +2.54% +7.19%
Michigan $29,128 +3.23% +9.07%
Monroe $29,768 +7.91% +7.70%

Trends in Monroe, MI Real Per Capita Income since 2005

The current per capita income for Monroe is $29,768. Real per capita income peaked in 2005 at $30,741 and is now $973 (3.17%) lower. From a post peak low of $25,791 in 2012, real per capita income for Monroe has now grown by $3,977 (15.42%).

Real Per Capita Income: Monroe, Michigan, National

Historical Real Per Capita Income for Monroe

Date US Michigan Monroe
2016 $31,128 $29,128 $29,768
2015 $30,358 $28,217 $27,587
2014 $29,288 $26,981 $28,109
2013 $29,041 $26,706 $27,641
2012 $28,558 $26,211 $25,791
2011 $28,494 $26,041 $26,167
2010 $28,687 $26,004 $26,246
2009 $29,542 $26,543 $28,155
2008 $30,755 $28,207 $29,026
2007 $30,894 $28,727 $27,869
2006 $30,078 $28,685 $29,895
2005 $30,768 $29,962 $30,741