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 Type | 0.70% |
| One Bedroom | 13.20% |
| Two Bedrooms | 39.10% |
| Three Bedrooms | 37.30% |
| Four Bedrooms | 8% |
| Five Bedrooms or more | 1.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.55 |
| Median year structure was built | 1971 |
| Median Value of occupied units | $82,900 |
| Median Price asked for vacant units | $88,600 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.59 |
| Median year structure was built | 1975 |
| Median Monthly Rent asked for vacant units | $423 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4.80% |
| Home Equity Loan | 4% |
| Simple Mortgage | 51% |
| Debt Free | 40.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.1% |
