What to know when moving to Monroe, NC
TL;DR: Monroe at a Glance
- The Vibe:
- A community where 24.6% of residents rent, and the median household income is $81,221.
- The Major Draw:
- Median gross rent is $1,313, which is relatively affordable compared to many areas.
- The Reality Check:
- Only 0% of residents use public transit, indicating a car-dependent environment.
- Top Tip:
- Plan on a median home value of $302,600 if you are considering buying.
The 'Vibe' Check: Who Thrives Here?
Monroe has a population of 55,807, with 23.7% of residents holding a bachelor's degree or higher. The local economy features a median household income of $81,221, indicating a moderate affluence level. However, with only 24.6% of the population renting, homeownership is the norm here.
Probably not your spot if you are looking for robust public transportation options, as there's a complete lack of residents using transit to commute.
Your Money: Housing & Cost Snapshot
- Median gross rent is $1,313, while the median home value is $302,600, making homeownership a viable option for many residents.
- Approximately 11.0% of residents live below the poverty line, contributing to the economic diversity of the area.
- Only 0% of residents rely on public transit for their commute, highlighting the importance of having a car.
- The community has a renter percentage of 24.6%, indicating that most residents are homeowners.
Source: U.S. Census Bureau, ACS 5-Year Data Profiles.
Crime & Safety: What the Numbers Say
In North Carolina, the state has seen a decrease in crime rates over recent years, with property crime down by 15.1% since 2022. The violent crime rate, while slightly lower than the national average, reflects ongoing improvements in safety.
- Violent crime: 321 per 100k, which is slightly lower than the national rate of 325.3.
- Property crime: 1,780.6 per 100k, compared to the national average of 1,546.9.
- Notable trend: Homicide rates have dropped by 23.2% since 2022, indicating improved safety over time.
Source: FBI Crime Data Explorer (state-level summarized data for North Carolina).
Schools & Higher Ed
Monroe has limited access to higher education within the immediate vicinity but does offer some institutions nearby.
- Total postsecondary institutions: 1
- Institutions with College Scorecard data: 1
- Notable nearby institution: Wingate University located in Wingate, NC.
Source: ArcGIS Postsecondary School Locations (NCES) + College Scorecard (ED).
Weather & Getting Outside
Monroe offers several parks and outdoor spaces perfect for enjoying the area's natural beauty. Here are some options worth checking out:
- Squirrel Lake Park - 4.7 stars (1,277 reviews)
- Crooked Creek Park - 4.8 stars (790 reviews)
- Belk-Tonawanda Park - 4.5 stars (678 reviews)
- Dogwood Park at Wesley Chapel - 4.6 stars (513 reviews)
Source: Google Places API.