Monroe, IA Employment - Median Household Income, Unemployment Rate

Monroe employment information

Index	Monroe	Iowa	National
Income per capita	$28,224	$28,872	$29,829
Median household income	$47,222	$54,570	$55,322
Median income owner occupied	$64,500	$66,527	$70,586
Median income renter occupied	$30,455	$30,828	$35,192
Median earnings male	$42,472	$37,409	$36,919
Median earnings female	$28,446	$25,115	$26,250
Unemployment rate	5.5%	3.1%	4.7%
Poverty level	6.9%	12.3%	15.1%

The Monroe, IA employment information can be a key indicator when searching for a new job. A good indicator of the strength of the job market is the income per capita and the median household income. The income per capita in Monroe is $28,224, which is 2% lower than than the Iowa average and 5% lower than than the national average. The median household income is $47,222, which is 13% lower than than the Iowa average and 15% lower than than the national average. The unemployment rate in Monroe is 6%, which is 18% higher than than the national average. The poverty rate in Monroe is 7% which is 54% lower than than the national average.

am i middle class

$31,478$47,222$94,444

City

$36,376$54,570$109,140

State

$36,877$55,322$110,644

Nation

According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

Did you know?

The income per capita in Monroe is 5% lower than the national average.
The median household income in Monroe is 15% lower than the national average.
Male median earnings are 41% higher than female median earnings.
The unemployment rate in Monroe is 18% higher than the national average.
The poverty level in Monroe is 54% lower than the national average.

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Compare Monroe, IA Employment To Other Cities

Employment status

Hours worked per week

Monroe median earnings by income bracket

Monroe employment by industry

Labour Type	Male	Female
Construction industry	13.6%	2.0%
Manufacturing sector	33.5%	3.9%
Financial & insurance services	4.6%	10.3%
Wholesale & retail services	11.1%	9.6%
Public administration	2.5%	7.1%
Transportation, warehousing & utilities	14.9%	4.2%
Education, health & social services	5.4%	27.7%
Other	12.4%	26.5%

Nearby cities with high median household income

City, State	Population	Household Income	National Avg.
Oakland Acres, IA	116	$89,583	62%
Runnells, IA	514	$66,667	21%
Lambs Grove, IA	200	$65,313	18%
Prairie City, IA	1,973	$60,978	10%
Pella, IA	10,280	$60,568	9%
Monroe, IA	1,875	$47,222	15%

Cities with similar population

City, State	Population	Household Income	National Avg.
New Union, TN	1,875	$73,125	32%
Leadville North, CO	1,875	$45,455	18%
Dakota City, NE	1,875	$55,476	0%
Moweaqua, IL	1,874	$51,442	7%
Lake Hamilton, AR	1,874	$55,000	1%
Monroe, IA	1,875	$47,222	15%

Source: The Monroe, IA employment data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).