Monroe County, Missouri
Income Data
At a Glance
How Monroe County Compares
Detailed Income Statistics
Data Story
About Household Income in Monroe County, Missouri
Monroe County faces income shortfall
Monroe County's median household income of $48,299 lags the U.S. median of $74,755 by more than $26,400, reflecting significant economic disadvantage. The county ranks among the lower-earning areas in the region.
Well below Missouri's state average
Monroe County's median household income of $48,299 falls roughly $11,200 short of Missouri's state average of $59,503. Among the eight surveyed counties, Monroe ranks near the bottom, indicating pronounced economic stress compared to state peers.
Among the lowest earners regionally
Monroe County's $48,299 income ranks second-lowest in its cluster, exceeding only Mississippi County at $46,258. The $16,900 gap to Moniteau County ($65,161) and $12,700 deficit versus Mercer ($60,357) underscore Monroe's economic vulnerability.
Rent pressures household budgets
Monroe County's 16.6% rent-to-income ratio is the third-highest among surveyed counties, indicating housing absorbs a substantial share of earnings. A median home value of $147,400 paired with modest household income constrains financial stability for renters and homebuyers alike.
Prioritize debt reduction and safety nets
Monroe households should focus on building small emergency reserves and eliminating high-interest debt before investing. Credit unions and community banks often offer low-cost savings products and financial literacy programs tailored to moderate-income families.
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Income Comparison Calculator
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Your income is above the Monroe County median
County median: $48,299 per year
vs. County Median
+0%
vs. State Average
-19%
vs. National Median
-35%
Income Adequacy
Your monthly income ($4,025) vs. median rent ($667/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.