Median Household Income
$92,344 ± $19,047
Median Home Value
$233,200 ± $14,097
Median Gross Rent
$1,385 ± $349/mo
Per Capita Income
$34,820
Poverty Rate
6.4%
Unemployment Rate
2.3%
Homeownership Rate
88.9%
Bachelor's Degree or Higher
22.7%
Median Age
29.4
Average Commute
32 min
Households
693
Veterans
78
Population Over Time
Monrovia grew 26.0% from 2014 to 2024.
2014
1,631
2016
1,623
2018
1,500
2020
1,383
2022
1,574
2024
2,055
Population by Race & Ethnicity
White
83.2%
Hispanic or Latino
5.2%
Black or African American
4.4%
Asian
2.5%
Nearby Cities in Indiana
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024. Estimates carry a margin of error (shown as ±) inherent to ACS's sample-based methodology.