Monroe charter township, Michigan Median Income

Monroe charter township, Michigan has a population of 14,000, with a median household income of $68,200.

Current median income data for Monroe charter township.

$68,200

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Population

14,000

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Median Income

$68,200

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Unemployment

5.10%

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Housing Price

$266,000

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Crime Rate

4.70

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Internet Speed

227.00 Mbps

Monroe charter township is a small local community located in Michigan. The city has a population that is above the average city population in Michigan, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Monroe charter township is a notable city in Michigan, offering a mix of population dynamics, economic indicators, and housing trends.

Population Overview

Monroe charter township has a population of 14,000, which is higher than the state average. This indicates a relatively larger urban presence within Michigan.

Income and Economy

The median household income in Monroe charter township is $68,200, which is above the state average. This reflects stronger earning potential and economic stability.

Housing Market

Housing prices in Monroe charter township average around $266,000, which is relatively high compared to other cities in Michigan.

Employment and Safety

The unemployment rate in Monroe charter township is 5.10%, which is lower than the state average, indicating a relatively strong job market. Monroe charter township has a lower crime rate than the state average, contributing to a relatively safer living environment.

City Comparison

Compared to other cities in Michigan, Monroe charter township shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Monroe charter township continues to play a role in shaping regional trends in Michigan, particularly in terms of economic and demographic factors.

Frequently Asked Questions about Monroe charter township

What is the population of Monroe charter township?

The population of Monroe charter township is approximately 14,000.

Is Monroe charter township a good place to live?

Monroe charter township offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Monroe charter township?

The median household income in Monroe charter township is around $68,200.

How expensive is housing in Monroe charter township?

The average housing price in Monroe charter township is approximately $266,000.