Monroe, MA is a charming small town located in Massachusetts. Its population of approximately 3,500 makes it an ideal place for those seeking a peaceful life away from the hustle and bustle of the big cities. The average two-bedroom rent in Monroe is $1,130 which is more affordable than the US average rent of $1,430. Grocery costs are also lower than most places with its index of 102 compared to the US index of 100.
The town offers several local companies for those looking to further their career or start a business. One such company is Monroe Motors which provides repair services for cars and trucks. Another business in town is The Abbey Bookstore which specializes in rare books and educational materials. Monroe Garden Center offers unique plants and gardening supplies for residents. For all your home improvement needs be sure to check out All Pro Home Improvement Company who offer quality products and dependable services at competitive prices.
Monroe has an unemployment rate of 2.9%. The US average is 6.0%.
Monroe has seen the job market decrease by -6.9% over the last year. Future job growth over the next ten years is predicted to be 36.1%, which is higher than the US average of 33.5%.
Tax Rates for Monroe
- The Sales Tax Rate for Monroe is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Monroe is 5.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Monroe
- The average income of a Monroe resident is $36,361 a year. The US average is $37,638 a year.
- The Median household income of a Monroe resident is $0 a year. The US average is $69,021 a year.