Monroe County, Michigan
Income Data
U.S. Census Bureau ACSAt a Glance
Economic Indicators
How Monroe County Compares
Detailed Income Statistics
Income Advisory: Monroe County
Income Verdict
Monroe County has a median household income of $75,272 and per capita income of $39,303 — a gap of $35,969, suggesting a typical mix of dual-income and single-earner households.
Housing Affordability
With median gross rent at $1,017/month and a median household income of $75,272, rent consumes approximately 16.2% of monthly income — well within affordable thresholds.
Economic Context
A median household income of $75,272 suggests moderate-to-strong purchasing power, generally sufficient to cover essentials with room for discretionary spending in most markets. Per capita income of $39,303 is in line with national norms for individual earners.
Neighbor Context
Monroe County earns approximately 17.1% above the Michigan state median household income of $64,304, positioning it favorably within the state.
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
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Income Comparison Calculator
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Your income is above the Monroe County median
County median: $75,272 per year
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vs. State Average
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vs. National Median
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Income Adequacy
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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Compare RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.