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Monroe, GA Real Estate


According to census data in the year 2000 there were 4,739 housing units in Monroe. This represents a 20.5% growth from 3,933 in 1990.

Of those housing units, 4,648 were located in either urbanized areas or urban clusters, and 91 were located in what is classified as a rural area.

Homeownership rate in Monroe is about 44.2%. Monroe's vacancy rate, including seasonal lodging, is about 7.7%. Average household size is 2.57 people.

The majority of houses, apartments or condos in Monroe were built after 1973.

Statistics

Housing Size

Housing Units by Size
Studio Type0.70%
One Bedroom13.20%
Two Bedrooms39.10%
Three Bedrooms37.30%
Four Bedrooms8%
Five Bedrooms or more1.70%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.55
Median year structure was built1971
Median Value of occupied units$82,900
Median Price asked for vacant units$88,600

Rented Homes, Apartments and Condos

Average Household Size2.59
Median year structure was built1975
Median Monthly Rent asked for vacant units$423

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage4.80%
Home Equity Loan4%
Simple Mortgage51%
Debt Free40.20%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs18.1%