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Monroe (zip 48161), Michigan 0 Reviews | Leave a Comment



Pros

-Small-town feel
-Historic interest
-Low crime rates

Cons

-Entertainment
-Economic cycles
-Winter climate


What Bert Has To Say About Monroe Metro Area


Monroe is an old manufacturing and port city along the western shore of Lake Erie between Detroit and Toledo, Ohio. This typically Midwestern town contains numerous early-20th-century homes on shaded streets and some historic attractions related to the residence of General George A. Custer. It is quiet, with plenty of water recreation.

The economy is diverse, with the headquarters of furniture giant La-Z-Boy and plants of the Monroe Auto Equipment Company (maker of Monroe shocks and struts, now a division of Tenneco) being among the mainstays. The cost of living profile is a bit high for the type of town and region, and educational attainment is low. Detroit is 40 miles north and Toledo is 25 miles south, offering amenities missing locally.

The area is mainly level with areas of deciduous woods mixed with farmland. The climate is continental with some lake influence, although its west shore location diminishes winter snows compared to other lake locations. Summers are warm and humid but are cooled by lake breezes. The lake location brings considerable cloudiness in all seasons and especially in winter. First freeze is mid-October, last is late April.


Highlights


  • Profile: Small port city
  • Time zone: Central Standard Time
  • Elevation: 593
  • Real Estate: For Sale  For Rent
  • City: Monroe
  • Zip Codes: Monroe (zip 48161)

Quick Facts About Monroe


    ECONOMY
    The unemployment rate in Monroe (zip 48161) is 7.40 percent(U.S. avg. is 6.30%). Recent job growth is Positive. Monroe (zip 48161) jobs have Increased by 2.45 percent.
    COST OF LIVING
    Compared to the rest of the country, Monroe (zip 48161)'s cost of living is 11.90% Lower than the U.S. average.
    POPULATION
    As of 2014, Monroe (zip 48161)'s population is 27,035 people. Since 2000, it has had a population growth of 6.83 percent.
    TRANSPORTATION
    Average Commute time is 23 minutes. The National Average is 25 minutes.
    REAL ESTATE
    The median home cost in Monroe (zip 48161) is $112,500. Home appreciation the last year has been 5.00 percent.
    SCHOOLS
    Monroe (zip 48161) public schools spend $11,832 per student. The average school expenditure in the U.S. is $12,435. There are about 31.6 students per teacher in Monroe (zip 48161).

Best Places to Live in Monroe, Michigan



Monroe Housing Market


It's a good time to buy in Monroe. Home Appreciataion is up 5.0% in the last 12 months. Browse Monroe Real Estate.
The median home price in Monroe is $112,500. Browse Homes in this Range.
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