Monroe, WI Real Estate
According to census data in the year 2000 there were 4,931 housing units in Monroe.
This represents a 8.2% growth from 4,556 in 1990.
Of those housing units, 4,920 were located in either urbanized areas or urban clusters, and 11 were located in what is classified as a rural area.
Homeownership rate in Monroe is about 63.4%.
Monroe's vacancy rate, including seasonal lodging, is about 4.6%.
Average household size is 2.25 people.
The majority of houses, apartments or condos in Monroe were built after 1961.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1% |
| One Bedroom | 12% |
| Two Bedrooms | 33.40% |
| Three Bedrooms | 40.50% |
| Four Bedrooms | 11.60% |
| Five Bedrooms or more | 1.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.43 |
| Median year structure was built | 1957 |
| Median Value of occupied units | $90,100 |
| Median Price asked for vacant units | $95,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.94 |
| Median year structure was built | 1968 |
| Median Monthly Rent asked for vacant units | $373 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.50% |
| Second Mortgage | 6.80% |
| Home Equity Loan | 10.30% |
| Simple Mortgage | 38.30% |
| Debt Free | 44.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.6% |
