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 $61,916 in 2018, the latest figures available. Monroe median household income is $5,219 higher than the median Michigan household income and $21 less than the US median household income. 2019 metro income data (including Monroe median household income) will be released in September of 2020. Median family and per capita income for Monroe are shown below.

Show dollars as: Nominal Real

Real Median Household Income for Monroe Michigan

2018 1 Year Change 3 Year Change
US $61,937 +0.21% +4.77%
Michigan $56,697 +0.80% +4.72%
Monroe $61,916 +1.94% +7.39%

Trends in Monroe, MI Real Median Household Income since 2005

The current median household income for Monroe is $61,916. Real median household income peaked in 2005 at $71,747 and is now $9,831 (13.70%) lower. From a post peak low of $55,525 in 2012, real median household income for Monroe has now grown by $6,391 (11.51%).

Real Median Household Income: Monroe, Michigan, National

Historical Inflation Adjusted Median Household Income for Monroe

Date US Michigan Monroe
2018 $61,937 $56,697 $61,916
2017 $61,807 $56,247 $60,735
2016 $60,291 $54,928 $63,621
2015 $59,116 $54,144 $57,654
2014 $56,969 $52,924 $60,810
2013 $56,415 $52,121 $57,830
2012 $56,288 $51,344 $55,525
2011 $56,507 $51,449 $60,135
2010 $57,762 $52,414 $57,748
2009 $58,921 $53,095 $61,975
2008 $60,829 $56,809 $66,824
2007 $61,601 $58,213 $65,255

Monroe Family Income

The ACS 1-year data shows the median family income for Monroe was $75,217 in 2018. Compared to the median Michigan family income, Monroe median family income is $3,181 higher. As with the median household income data, 2019 family income data for Monroe will be released in September of 2020.

Show dollars as: Nominal Real

Real Median Family Income for Monroe Michigan

2018 1 Year Change 3 Year Change
US $76,401 +0.94% +5.60%
Michigan $72,036 +0.94% +6.37%
Monroe $75,217 -3.23% -0.34%

Trends in Monroe, MI Real Median Family Income since 2005

The current median family income for Monroe is $75,217. Real median family income peaked in 2005 at $84,481 and is now $9,264 (10.97%) lower. From a post peak low of $67,713 in 2012, real median family income for Monroe has now grown by $7,504 (11.08%).

Real Median Family Income: Monroe, Michigan, National

Historical Inflation Adjusted Median Family Income for Monroe

Date US Michigan Monroe
2018 $76,401 $72,036 $75,217
2017 $75,692 $71,362 $77,729
2016 $74,360 $70,455 $77,797
2015 $72,348 $67,720 $75,475
2014 $69,978 $65,979 $73,708
2013 $69,134 $65,696 $72,781
2012 $68,512 $64,970 $67,713
2011 $68,763 $64,973 $68,678
2010 $69,953 $64,750 $69,220
2009 $71,663 $66,500 $70,389
2008 $74,083 $70,867 $77,576
2007 $74,267 $72,379 $79,060

Monroe Per Capita Income

The ACS 1-year survey shows the per capita income for Monroe was $31,458 in 2018. Compared to the median Michigan per capita income, Monroe median per capita income is $50 lower. As with the median household and median family income numbers above, 2019 per capita income data for Monroe will be released in September of 2020.

Show dollars as: Nominal Real

Real Per Capita Income for Monroe Michigan

2018 1 Year Change 3 Year Change
US $33,831 +1.94% +6.47%
Michigan $31,508 +0.89% +6.68%
Monroe $31,458 +1.23% +8.95%

Trends in Monroe, MI Real Per Capita Income since 2005

The current per capita income for Monroe is $31,458. Real per capita income peaked in 2005 at $32,241 and is now $783 (2.43%) lower. From a post peak low of $27,033 in 2012, real per capita income for Monroe has now grown by $4,425 (16.37%).

Real Per Capita Income: Monroe, Michigan, National

Historical Real Per Capita Income for Monroe

Date US Michigan Monroe
2018 $33,831 $31,508 $31,458
2017 $33,187 $31,231 $31,075
2016 $32,573 $30,480 $31,150
2015 $31,775 $29,534 $28,875
2014 $30,672 $28,256 $29,437
2013 $30,431 $27,984 $28,963
2012 $29,934 $27,474 $27,033
2011 $29,884 $27,312 $27,444
2010 $30,077 $27,264 $27,518
2009 $30,984 $27,838 $29,529
2008 $32,255 $29,583 $30,442
2007 $32,400 $30,128 $29,228