Monroe, LA Real Estate
According to census data in the year 2000 there were 21,319 housing units in Monroe.
This represents a 1.3% decline from 21,610 in 1990.
Of those housing units, 21,304 were located in either urbanized areas or urban clusters, and 15 were located in what is classified as a rural area.
Homeownership rate in Monroe is about 49.3%.
Monroe's vacancy rate, including seasonal lodging, is about 8.9%.
Average household size is 2.54 people.
The majority of houses, apartments or condos in Monroe were built after 1967.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.80% |
| One Bedroom | 16.60% |
| Two Bedrooms | 30.10% |
| Three Bedrooms | 36.80% |
| Four Bedrooms | 11.90% |
| Five Bedrooms or more | 1.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.72 |
| Median year structure was built | 1965 |
| Median Value of occupied units | $72,300 |
| Median Price asked for vacant units | $51,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.37 |
| Median year structure was built | 1969 |
| Median Monthly Rent asked for vacant units | $325 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.20% |
| Second Mortgage | 6.90% |
| Home Equity Loan | 3.90% |
| Simple Mortgage | 48.60% |
| Debt Free | 40.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.4% |
