Monroe borough, PA Profile: Facts & Data

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Monroe borough, Pennsylvania - Basic Facts

The Borough of Monroe had a population of 545 as of July 1, 2019.

The primary coordinate point for Monroe borough is located at latitude 41.7123 and longitude -76.4759 in Bradford County. The formal boundaries for the Borough of Monroe encompass a land area of 0.49 sq. miles and a water area of 0 sq. miles.

The Borough of Monroe (GNIS ID: 1214953) has a C5 Census Class Code which indicates an active incorporated place that is independent of any county subdivision and serves as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Alternate Unofficial Names for Monroe borough: Monroeton, Monroeton Borough.

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  1. Monroe borough 2019 Demographic Data
  2. Growth Rates for Monroe borough (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Pennsylvania Research Tools (Easy Tools & Current Data)
  3. Pennsylvania Data Comparison Tool - 2019 Demographics

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Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, county, ZIP Code, and school zone. July 1, 2019, data includes home values, household income, percentage of homes owned, rented or vacant, etc.


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Monroe borough, PA Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

Monroe borough, PA Housing Affordability Index is 199
State of Pennsylvania Housing Affordability Index is 131
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.

WEALTH INDEX

Monroe borough, PA Wealth Index is 98
State of Pennsylvania Wealth Index is 99
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

These new demographic attributes are availiable for cities, Counties, ZIP Codes and even neighborhoods (Census Blocks) when you search by a specific Pennsylvania address.

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POPULATION

Total Population 545
Population in Households 545
Population in Familes 448
Population in Group Qrtrs 0
Population Density 1,104
Diversity Index1 7
 

INCOME

Median Household Income $61,649
Average Household Income $75,496
Per Capita Income $29,433
Wealth Index3 98

HOUSING

Total Housing Units 230 (100%)
Owner Occupied HU 171 (74.3%)
Renter Occupied HU 46 (20.0%)
Vacant Housing Units 13 ( 5.7%)
Median Home Value $152,941
Housing Affordability Index2 199
 

HOUSEHOLDS

Total Households 217
Average Household Size 2.51
Family Households 158
Average Family Size 3
NOTES
  1. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  2. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  3. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

2010-2019 2019-2024
Population -0.18% -0.41%
Households -0.15% -0.47%
Families 0.28% -0.38%
Median Household Income   1.54%
Per Capita Income   2.55%

Monroe borough, PA - Peer Comparisons by Rank and Percentile

The table below compares Monroe borough to the other 1,761 incorporated cities, towns and CDPs in Pennsylvania by rank and percentile using July 1, 2019 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 1274 28th
Population Density # 1021 42nd
Diversity Index # 1304 26th
Median Household Income # 537 70th
Per Capita Income # 709 60th

Additional comparisons and rankings can be made with a VERY EASY TO USE Pennsylvania Census Data Comparison Tool.

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