Cost Of Living
Residents in this area benefit from an affordable cost of living. This includes goods and services, transportation, housing, utilities, groceries and healthcare.
Housing
The housing category in this area boasts higher than average scores, likely influenced by a positive home affordability ratio, robust appreciation rates or elevated home values.
Amenities
It appears that many amenities may not be conveniently situated within walking distance, potentially necessitating the use of a vehicle or public transit.
Commute
Commuters in this area may experience longer-than-average work commute times due to limited public transportation access.
Crime
High crime rates per 100,000 people are reported in this area, potentially indicating that it is an unsafe place to live. These statistics consider both violent and property offenses.
Health & Safety
Factors like poor air quality and the absence of essential health-related facilities like hospitals, clinics, nursing homes and pharmacies could have played a role in the low score in this category.
Located in the state of North Carolina, Monroe is a medium-sized city with a population of 35,339 inhabitants. The majority of Monroe residents report their race to be White; this is followed by Black and Asian. Additionally, more than a quarter of the population of Monroe are of Hispanic or Latino origin, and 28% of the population also speak Spanish. On a daily basis, the typical American spends approximately 26 minutes on their one-way work commute. Reduced travel times not only contributes to increased overall happiness, but also affords more opportunities to cherish moments with family and friends. If you're living in Monroe, your commute time will align closely with the national average, spanning a one-way duration of approximately 28 minutes.
Without the right tools, moving to any new town can be very stressful and challenging. Living in Monroe, North Carolina could be a great experience for anyone who puts in the effort to do the research required. When searching for a new neighborhood, several key items should be considered. Safety is paramount, ensuring a secure environment for you and your family. Proximity to workplaces or schools reduces commuting time and enhances convenience. Access to amenities like parks, grocery stores and healthcare facilities contributes to a comfortable lifestyle. Reliable public transportation options promote easy mobility. A strong sense of community fosters social connections and a welcoming atmosphere. The best areas in Monroe and in surrounding cities are easier to find when you are able to make informed decisions. Using data from amenities, crime, cost of living, health & safety, education, you will see a detailed breakdown of the most important information as well as comparisons to the North Carolina and national averages.
Monroe has a livability score of 56/100 and is ranked #601 in North Carolina and #21,599 in the USA. This score ranks well below the US average. With such a low livability score, it might be worth investigating a little further. For each of the livability categories, we can establish that Monroe ranks very well for cost of living (A+) and housing (A). On a more negative note, Monroe does not have favorable grades for the following: amenities (F), crime (F), education (D) and employment (D). If we take a look at the data, we can find out why.
Finding affordable real estate and housing in Monroe can be tricky. Having said that, this area might be the place to get the best of both worlds. Based on factors like home/rental affordability and appreciation rates, this area has received an above average score in the housing category. A healthy real estate market can lead to wealth appreciation for property owners, as rising property values can contribute to homeowners' equity, financial stability and the ability to build long-term wealth.
Assuming that Monroe meets all of your requirements like low crime rates, good schools and great local amenities, the next most important item to examine is the affordability of real estate in Monroe. Everything else becomes a lot less important if it turns out that home prices in Monroe are simply unattainable. The median home price for Monroe homes is $174,100, which is 10.8% higher than the North Carolina average. If we take a closer look at the affordability of homes in Monroe, we’ll see that the home price to income ratio is 3.3, which is 0% lower than the North Carolina average.
| Statistic | Monroe | North Carolina | National |
| Average one way commute | 28min | 24min | 26min |
| Workers who drive to work | 76.9% | 81.1% | 76.4% |
| Workers who carpool | 18.6% | 9.8% | 9.3% |
| Workers who take public transit | 0.4% | 1.1% | 5.1% |
| Workers who bicycle | 0.2% | 0.2% | 0.6% |
| Workers who walk | 0.3% | 1.8% | 2.8% |
| Working from home | 2.3% | 4.8% | 4.6% |
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