Monrovia, IN demographics:
population, income, and more
Monrovia population
How many people live in Monrovia
Monrovia is home to 2,055 residents, according to the most recent Census data. Gender-wise, 47.3% of Monrovia locals are male, and 52.7% are female.
Age demographics
The median age in Monrovia is 29, with the population distributed as follows: about 30.8% are children under 15, then 9.4% are in the 15 to 24 age group. Adults between 25 and 44 make up 33.4% of the population, while another 20.7% fall into the 45 to 64 bracket. Finally, around 5.6% are 65 or older.
Racial makeup
In Monrovia, 95.3% of the population are US-born citizens, while 3.3% have gained naturalized citizenship. At the same time, 1.4% of residents are non-citizens. As for race, 83.2% of locals are Caucasian, 4.4% are African American and 2.5% have Asian roots. There’s also a share of 9.2% that includes residents with two or more races.
Households in Monrovia
A peek inside Monrovia households
Monrovia has 693 households, with an average of 3 members in each. Of these, 83.6% are families, while the remaining 16.4% are made up of individuals living alone or with non-relatives, such as roommates.
Households stats
Housing in Monrovia
The housing landscape of Monrovia
Monrovia's housing consists of 717 units, with 97.9% being detached single-family homes ideal for those wanting space. Attached options, including duplexes and townhouses, make up 0.8% and offer a more compact, shared living style.
The age of buildings in Monrovia
In Monrovia, the median construction year is 2007. About 8.1% of homes were built before the 1940s, with another 1.1% going up by 1949. Most development happened in the second half of the 20th century. Then, 24.3% of homes were added from 2000 to 2009, 39.3% between 2010 and 2019, and 4.2% are part of the newest wave of development.
Monrovia occupancy rates
Out of the 693 occupied housing units in Monrovia, 88.9% are owner-occupied, while 11.1% are lived in by tenants. Meanwhile, 3.3% of all homes on the local market sit vacant.
Monrovia housing costs
Housing costs in Monrovia come to a median of $1,368 per month, while tenants specifically pay a median gross rent of $1,385.
Education in Monrovia
Monrovia education at a glance
About 47.5% of the population in Monrovia went to high school, while 19.4% pursued college studies. Another 10.8% earned an associate degree and 15.4% hold a bachelor’s. Meanwhile, 5.6% went even further, earning a master’s or doctorate.
Income in Monrovia
How much people earn in Monrovia
The average annual household income in Monrovia was $102,696 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a +0.3% change from the previous year. At the same time, the median income stood at $92,344, reflecting a +1.1% shift over the same period.
Monrovia income by age
In Monrovia, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $94,732. Those with someone between 45 and 64 in charge, often well established professionally, earn $130,000 overall. Overall, 94.4% of the locals in this community live above the poverty line.
Average renter income in Monrovia
To get a better sense of what renters earn on average in Monrovia, their median household income was $50,903 according to 2022 Census data. In addition, the rent-to-income ratio in the area, at 32.7%, shows what portion of their earnings goes toward housing expenses.
Employment in Monrovia
Workforce and job types in Monrovia
The job market in Monrovia is powered by 1,030 working residents, spread across a range of industries and roles. 62.1% of the working population are employed in professional or administrative positions, while 37.9% are in hands-on or service-based jobs. Also, 5.8% run their own businesses, 72.4% are employed by private companies, and 8.4% work in the public sector.
Workforce demographics
Available workforce
The unemployment rate in Monrovia stands at 2.4%, representing the share of the workforce currently without a job and actively looking for one.
Transportation in Monrovia
How people get around in Monrovia
Commuting methods vary: 83.1% of residents travel by personal vehicle and 1.5% prefer to walk, while the remaining share relies on public transit or on two wheelers to get from A to B.
What is the median and average household income in Monrovia by zipcode?
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FAQs about Monrovia demographics
What is the total population of Monrovia?
What is the gender ratio in Monrovia?
- 47.3% males (972 residents)
- 52.7% females (1,083 residents)
What is the median age in Monrovia?
What is the age distribution of the population in Monrovia?
- Under 15: 30.8% (634 residents)
- Ages 15-24: 9.4% (193 residents)
- Ages 25-44: 33.4% (686 residents)
- Ages 45-64: 20.7% (426 residents)
- Over 65: 5.6% (116 residents)
What is the racial and ethnic makeup of Monrovia?
- White: 83.2% (1,710 residents)
- Black or African American: 4.4% (91 residents)
- American Indian and Alaska Native: 0% (0 residents)
- Asian: 2.5% (52 residents)
- Native Hawaiian and Other Pacific Islander: 0% (0 residents)
- Two or More Races: 9.2% (189 residents)
- Other: 0.6% (13 residents)
What percentage of the population in Monrovia are U.S.-born citizens?
How many housing units are there in Monrovia?
How many households are in Monrovia and what is the average household size?
What is the median household income in Monrovia?
What is the employment rate and job market overview for Monrovia?
Job types:
- White-collar workers: 62.1% (640 residents)
- Blue-collar workers: 37.9% (390 residents)
Places of employment:
- Self-employed: 5.8% (60 residents)
- Private companies: 72.4% (746 residents)
- Governmental workers: 8.4% (87 residents)
- Not-for-profit companies: 13.3% (137 residents)
Data source & methodology
The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.
The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.
No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.