According to statistics, the population in Monroe, LA amounts to 48,938, which shows decline -1% compared to the previous year. The median age of the city’s residents is 32. The average household income is $29,014, shifting growth 1% from the past year, and the average property value in Monroe, LA growth 7% to $143,200 throughout the year.
|Number Of Employees||18,723|
|Median Property Value||$143,200|
The average household income in Monroe, LA grew from $28,681 to $29,014 in the past year. This data is an estimate based upon 17,410 households in Monroe, LA . The chart below presents how household income is distributed in Monroe, LA in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Monroe, LA shifted from $134,100 to $143,200 throughout the year. The subsequent graph indicates the share of properties in the given price range in Monroe, LA in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Monroe, LA properties falls in the '$150,000 to $174,999' range, which is lower than the most significant median property across the country.
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Monroe, LA compared to median property taxes around the country. The prevalent amount of property taxes in Monroe, LA equals $800, which is less than the national average.
During Oct 2022, the average price for an apartment in/near Monroe, LA increased by 2.4% to $343,376.
Asking price for 2-bed apartment also increased by 21.5% and a place of this size will now cost you $208,633. A 3-bed apartment goes for $197,460, it decreased by 25.6% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 42.4% and made it down to $285,785.
Price reports demonstrate that house price decreased by 38.8% this month making it up to $217,351. Condo prices remain stable. Condo for sale is now available for the same pricing as previously — $399,000. The price statistics of lofts have not significantly changed, it now still goes for $765,000.