Monroe, Louisiana is a medium-sized city with a population of 49,361 people. The median age of all Monroe residents is 32, which is well below the national average. This is a good indication that this city could be ideal for young singles. Monroe is very likely to be a great place to live for singles as only 48%, of the population (over fifteen) is classified as married.
Are you trying to ascertain if living in Monroe is the right fit for your lifestyle? To ensure a positive experience before relocating to any new city in Louisiana, you will probably want to make sure that you check all of the most important boxes. To help you find the best places to live in and around Monroe, AreaVibes has created a livability score using key metrics like crime, weather, education, employment and more.
Using data and statistics Monroe has received a livability score of 63 out of 100. This score is ranked in the 30th percentile when compared to all other cities. Based on the scores for each individual category, Monroe has received high marks for amenities (A+), cost of living (B) and weather (B). Unfortunately for Monroe, there are some categories for which it does not score well, this includes: crime (F), employment (F) and housing (F).
Based on the proximity of local amenities like grocery stores, restaurants, coffee shops, parks, librairies, etc., Monroe has received a higher than average score for its local amenities. If you’re planning on relocating and making this area your permanent home, it’s nice to know that there is an ample amount of amenities and things to do within walking distance or a short drive. Some of the interesting things to do and attractions include: Biedenharn Museum & Gardens, Louisiana Purchase Gardens & Zoo, and Aviation Historical Museum of Louisiana.
Monroe real estate prices and overall affordability will play a huge role in determining if the area is the right fit for you. Of course there are probably some other items on your “wish list”, but even before they are considered, let’s take a look at the home prices and affordability in Monroe. Median real estate prices in Monroe come in at $134,100, which is 9.6% lower than the Louisiana average. The home price to income ratio compares the median home prices to the median household income. In Monroe, the home price to income ratio is 4.7, which is 42.4% higher than the Louisiana average. For most people, purchasing a new home is the biggest investment they will make in their lifetime. Taking a look at overall real estate appreciation rates in Monroe will offer some insight into determining if your home purchase will be a solid investment for years to come. In Monroe, the year-over-year appreciation rates were 4.6%, and the 5 year appreciation rates came in at 3.5%.