Monroe County, Michigan

Income Data

+17% vs. Michigan average
$75,272
Median Household Income
$39,303
Per Capita Income

At a Glance

Median Household Income
$75,272
+17% vs. state avg
Per Capita Income
$39,303
+0% vs. national
Income-to-Housing Ratio
34.9%
income as % of home value
Rank in Michigan
#16 / 83
by median household income

How Monroe County Compares

Monroe County$75,272
Michigan Average$64,304
National Median$74,755

Detailed Income Statistics

$75,272
Median Household Income
$39,303
Per Capita Income
$215,700
Median Home Value
34.9%
Income-to-Housing Ratio

Data Story

About Household Income in Monroe County, Michigan

Monroe exceeds national income median

Monroe County's median household income of $75,272 sits about $517 above the national median of $74,755. This places the county just above the national average, putting Monroe residents in solid middle-class earnings territory.

Monroe ranks in top Michigan counties

At $75,272, Monroe County's median household income exceeds Michigan's county average of $64,304 by roughly $11,000. The county ranks in the upper third of Michigan's 83 counties by household earnings.

Outearns most surrounding counties

Monroe County leads nearby Missaukee ($61,868), Montcalm ($64,892), and Newaygo ($61,931) counties by significant margins. Only Oakland County to the north substantially outpaces Monroe's income levels at $95,296.

Housing affordability strong in Monroe

Monroe's rent-to-income ratio of 16.2% keeps housing costs well below the 30% affordability ceiling. With a median home value of $215,700, properties remain accessible on county median incomes without excessive financial strain.

Income level supports wealth building

Monroe County residents earning the county median have ample opportunity to invest beyond basic housing and living expenses. Consider maximizing retirement contributions or exploring investment property purchases to leverage the county's strong income foundation.

Frequently Asked Questions

What is the median household income in Monroe County, Michigan?
The median household income in Monroe County, Michigan is $75,272, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. This represents the midpoint of all household incomes in the county.
How much do people earn in Monroe County?
The per capita income in Monroe County is $39,303, which represents the average income per person across the entire county population. The median household income — which accounts for all earners in a household — is $75,272.
How does Monroe County compare to the Michigan average?
Monroe County's median household income of $75,272 is higher than the Michigan state average of $64,304. The per capita income is $39,303, compared to the state average of $35,451.
What is the per capita income in Monroe County, Michigan?
The per capita income in Monroe County, Michigan is $39,303, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. Per capita income is calculated by dividing total personal income by total population, providing an average income figure per resident.
Why is Monroe County income higher than the Michigan average?
Monroe County's median household income of $75,272 is higher than the Michigan average of $64,304. This difference of $10,968 can be attributed to factors such as local industry mix, proximity to major employment centers, educational attainment levels, and cost of living. Counties with higher incomes often have a greater concentration of professional and technical occupations.
How does Monroe County rank for income in Michigan?
Monroe County ranks #16 out of 83 counties in Michigan by median household income (1 = highest). With a median household income of $75,272 and per capita income of $39,303, it falls in the top third of counties statewide.

Income Comparison Calculator

See how your household income compares in Monroe County

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Your income is above the Monroe County median

County median: $75,272 per year

vs. County Median

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vs. State Average

+17%

vs. National Median

+1%

vs. Monroe County MedianAbout equal
vs. Michigan Average17% above
vs. National Median1% above

Income Adequacy

Monthly income covers median rent6.2x

Your monthly income ($6,273) vs. median rent ($1,017/mo). A ratio of 3.3x or higher means rent is under 30% of income.

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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.