Median real estate price in the City Center of Monroe is $190,283, which is less expensive than 71.9% of Michigan neighborhoods and 82.1% of all U.S. neighborhoods.
The average rental price in Monroe City Center is currently $1,416, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 66.7% of Michigan neighborhoods.
Monroe City Center is an urban neighborhood (based on population density) located in Monroe, Michigan.
Real estate in the City Center of Monroe, MI is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and small apartment buildings. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the City Center neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1940 and 1969.
Real estate vacancies in Monroe City Center are 5.7%, which is lower than one will find in 60.4% of American neighborhoods. Demand for real estate in Monroe City Center is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.
When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.
Our research reveals that 94.4% of commuters who live in the Monroe City Center neighborhood get to work each day by driving alone in their automobiles, which is a higher proportion than 99.5% of U.S. neighborhoods.
Of particular note, 11.0% of the people in the City Center neighborhood currently reside in a correction facility, held due to punishment for a crime.
Corner bodegas, stores on the first floor and apartments above, former grand Victorian residences converted into apartments, three-deckers built shoulder-to-shoulder, duplexes. Such building types define the real estate of neighborhoods dominated by small 2, 3, and 4 unit apartment buildings. Many are in older core neighborhoods of Eastern and Midwestern cities, or historic town centers in their hinterlands. If you wax romantic about the look and feel of such neighborhoods, with fresh pizza, falafel and an independent florist at the corner, then you might find the Monroe City Center neighborhood worth a close look. This neighborhood is an absolutely outstanding example of the dominance of small 2, 3, and 4 unit apartment buildings compared to neighborhoods across the nation, as they make up a substantial portion of this neighborhood's real estate stock. In fact, no less than 35.5% of the real estate here is made up of such dwellings, which is higher than 96.2% of all U.S. neighborhoods.
NeighborhoodScout's exclusive research identifies the Monroe City Center neighborhood as having one of the highest concentrations of people employed in manufacturing or as laborers of any neighborhood in America. In fact, despite the loss of manufacturing jobs nationally, this neighborhood has 41.7% of its working residents employed in such fields, which is a higher proportion than 95.3% of American neighborhoods.
Did you know that the Monroe City Center neighborhood has more Polish and Hungarian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 16.6% of this neighborhood's residents have Polish ancestry and 2.3% have Hungarian ancestry.
There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.
The neighbors in the City Center neighborhood in Monroe are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 93.4% of U.S. neighborhoods. With 51.7% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 94.7% of U.S. neighborhoods.
The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.
In the Monroe City Center neighborhood, 41.7% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 26.1% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (21.8%), and 7.7% in clerical, assistant, and tech support occupations.
The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Monroe City Center neighborhood is English, spoken by 95.9% of households. Other important languages spoken here include Italian, Polish and Spanish.
Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.
In the City Center neighborhood in Monroe, MI, residents most commonly identify their ethnicity or ancestry as German (27.0%). There are also a number of people of Polish ancestry (16.6%), and residents who report Irish roots (14.3%), and some of the residents are also of English ancestry (6.3%), along with some Italian ancestry residents (5.3%), among others.
Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in Monroe City Center neighborhood spend under 15 minutes commuting one-way to work (55.6% of working residents), one of the shortest commutes across America.
Here most residents (94.4%) drive alone in a private automobile to get to work. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.