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 $65,512 in 2021, the latest figures available. Monroe median household income is $2,014 higher than the median Michigan household income and $4,205 less than the US median household income. 2022 metro income data (including Monroe median household income) will be released in September of 2023. Median family and per capita income for Monroe are shown below.

Note: 2020 data is interpolated as the ACS release for the year was incomplete due to data gathering issues related to the pandemic.

Show dollars as: Nominal Real

Real Median Household Income for Monroe Michigan

2021 1 Year Change 3 Year Change
US $69,717 -1.64% +4.32%
Michigan $63,498 -1.42% +3.80%
Monroe $65,512 -2.47% -1.94%

Trends in Monroe, MI Real Median Household Income since 2005

The current median household income for Monroe is $65,512. Real median household income peaked in 2005 at $77,412 and is now $11,900 (15.37%) lower. From a post peak low of $59,909 in 2012, real median household income for Monroe has now grown by $5,603 (9.35%).

Real Median Household Income: Monroe, Michigan, National

Historical Inflation Adjusted Median Household Income for Monroe

Date US Michigan Monroe
2021 $69,717 $63,498 $65,512
2020 $70,877 $64,415 $67,172
2019 $69,638 $63,144 $66,594
2018 $66,828 $61,174 $66,805
2017 $66,687 $60,689 $65,531
2016 $65,052 $59,265 $68,644
2015 $63,784 $58,419 $62,207
2014 $61,468 $57,103 $65,613
2013 $60,869 $56,236 $62,397
2012 $60,732 $55,397 $59,909
2011 $60,969 $55,511 $64,883

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Monroe Family Income

The ACS 1-year data shows the median family income for Monroe was $82,012 in 2021. Compared to the median Michigan family income, Monroe median family income is $1,489 higher. As with the median household income data, 2022 family income data for Monroe will be released in September of 2023.

Show dollars as: Nominal Real

Real Median Family Income for Monroe Michigan

2021 1 Year Change 3 Year Change
US $85,806 -1.68% +4.09%
Michigan $80,523 -1.51% +3.60%
Monroe $82,012 -1.58% +1.05%

Trends in Monroe, MI Real Median Family Income since 2005

The current median family income for Monroe is $82,012. Real median family income peaked in 2005 at $91,151 and is now $9,139 (10.03%) lower. From a post peak low of $73,058 in 2012, real median family income for Monroe has now grown by $8,954 (12.26%).

Real Median Family Income: Monroe, Michigan, National

Historical Inflation Adjusted Median Family Income for Monroe

Date US Michigan Monroe
2021 $85,806 $80,523 $82,012
2020 $87,269 $81,761 $83,327
2019 $85,780 $80,226 $81,820
2018 $82,434 $77,724 $81,157
2017 $81,669 $76,997 $83,866
2016 $80,231 $76,018 $83,940
2015 $78,061 $73,067 $81,435
2014 $75,505 $71,189 $79,529
2013 $74,593 $70,883 $78,528
2012 $73,920 $70,099 $73,058
2011 $74,192 $70,103 $74,100

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Monroe Per Capita Income

The ACS 1-year survey shows the per capita income for Monroe was $33,767 in 2021. Compared to the median Michigan per capita income, Monroe median per capita income is $1,586 lower. As with the median household and median family income numbers above, 2022 per capita income data for Monroe will be released in September of 2023.

Show dollars as: Nominal Real

Real Per Capita Income for Monroe Michigan

2021 1 Year Change 3 Year Change
US $38,332 -1.03% +5.01%
Michigan $35,353 -1.02% +3.99%
Monroe $33,767 -4.44% -0.52%

Trends in Monroe, MI Real Per Capita Income since 2005

The current per capita income for Monroe is $33,767. Real per capita income peaked in 2019 at $35,771 and is now $2,004 (5.60%) lower.

Real Per Capita Income: Monroe, Michigan, National

Historical Real Per Capita Income for Monroe

Date US Michigan Monroe
2021 $38,332 $35,353 $33,767
2020 $38,730 $35,716 $35,337
2019 $37,803 $34,857 $35,771
2018 $36,503 $33,996 $33,942
2017 $35,807 $33,697 $33,529
2016 $35,145 $32,886 $33,609
2015 $34,284 $31,866 $31,155
2014 $33,094 $30,487 $31,762
2013 $32,833 $30,194 $31,250
2012 $32,297 $29,643 $29,168
2011 $32,243 $29,468 $29,610

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