Monroe County, Indiana Income Statistics
Monroe County Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of a county's residents based on income levels, employment rates, and income inequality metrics.
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D
Monroe County Well below averageLess wealthy than 92% of counties in Indiana
Source: Map AI Methodology
Income Statistics Overview
| Metric | Monroe County | Indiana Avg | US Average |
|---|---|---|---|
| Median Household Income | $65,876 | $71,967 | $80,455 |
| Median Personal Income | $56,370 | $55,757 | $60,758 |
| Average Yearly Income Growth | 5.3% | 4.5% | 4.8% |
| Six-Figure Earners | 10.1% | 10.2% | 13.9% |
| $200k+ Households | 8.4% | 8.2% | 13.2% |
The median household income in Monroe County is about 8% lower than in Indiana. Income has been growing faster in Monroe County (5.3%/yr) than in Indiana (4.5%/yr).
About 10% of adults in Monroe County earn six figures ($100,000 or more) a year, about the same as the Indiana average of 10%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Monroe County, Indiana grew by 72.2% from 2009 to 2024, reaching $65,876 in 2024. That's an average of about 5.3% per year.
Income Inequality and the Gender Pay Gap in Monroe County
| Metric | Monroe County | Indiana Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.582 | 0.534 | 0.552 |
| Male Median Income | $66,010 | $65,086 | $69,667 |
| Female Median Income | $53,462 | $51,220 | $56,850 |
| Gender Pay Gap | 19.0% | 21.3% | 18.4% |
The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In Monroe County, it is 0.582, higher than Indiana's 0.534, so income is less evenly distributed here than there, and higher than the US's 0.552, so income is less evenly distributed here than there.
Men's income is about 23% more than women's income in Monroe County, Indiana. Over a 35-year career, a 23% wage gap accumulates to roughly $439,180 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Monroe County, Indiana has narrowed from about 25% to 19% in 2024. Over that period the gap was narrowest at 18% in 2022. In dollar terms, the gap has widened by $1,186 since 2009.
Employment
| Metric | Monroe County | Indiana Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 5.5% | 4.3% | 5.2% |
| Working from Home | 15.9% | 10.7% | 15.0% |
| Commute time (minutes) | 16 | 21 | 22 |
Approximately 4,156 people are unemployed in Monroe County, Indiana.
The average commute time in Monroe County is 16 minutes, shorter than the 21 minutes in Indiana.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Monroe County, Indiana has fallen from 7.0% to 5.5% in 2024. Over that period the rate peaked at 7.6% in 2012 and fell as low as 5.4% in 2019.
Monroe County, IN Wealth Compared With Nearby Counties
Monroe County, IN is the largest of the 6 counties compared here, 140,965 residents against a local median of 31,021. Monroe County, IN's unemployment, at 5.5%, runs 56% above the 3.5% typical of the counties around it. That is the weaker end of the local range on this measure.
Income growth tells the same story from another angle: 5.3%/yr against a local median of 4.4%/yr, 19% above it. The picture is mixed rather than uniform: income growth runs ahead of the neighbourhood while unemployment runs behind it, so Monroe County, IN is trading one against the other rather than simply out-performing what surrounds it. The counties themselves spread 3.9% on unemployment, so Monroe County, IN sits at one end of an already wide local range rather than apart from it. Monroe County, IN has the 5th lowest unemployment of the 6 areas compared here.
| Area | Population | Median household income | Income growthAverage yearly change in median household income since 2016. Each year is measured in its own dollars, so this is growth before inflation. | Unemployment | Income inequalityGini coefficient: 0 would mean every household earns the same, 1 that a single household earns everything. The lower the number, the more equally income is shared here. |
|---|---|---|---|---|---|
| Monroe County, IN | 140,965 | $65,876 #4/6 | 5.3%/yr #1/6 | 5.5% #5/6 | 0.582 #6/6 |
| Brown County, IN | 15,606 | $78,317 | 4.1%/yr | 2.2% | 0.518 |
| Lawrence County, IN | 45,100 | $66,717 | 4.8%/yr | 3.5% | 0.519 |
| Morgan County, IN | 72,659 | $81,024 | 4.4%/yr | 4.2% | 0.521 |
| Owen County, IN | 21,604 | $64,192 | 4.4%/yr | 3.0% | 0.501 |
| Greene County, IN | 31,021 | $62,067 | 4.1%/yr | 6.0% | 0.520 |
Conclusion
Considering all these factors, Monroe County, Indiana has an overall wealth index grade of D, making it somewhat worse than Indiana, and somewhat worse than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Monroe County, Indiana.
How Rich Is Monroe County, Indiana?
Monroe County has a wealth index grade of D. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a D grade means residents are somewhat worse off than the U.S. average. The median household income is $65,876, about 8% lower than the Indiana average of $71,967.
Are incomes growing in Monroe County, Indiana?
Between 2009 and 2024, the median household income in Monroe County, Indiana rose 72%, from $38,263 to $65,876. Over the same years, income here outpaced Indiana as a whole: +72% against +52%.
What was the median household income in Monroe County in 2023?
In 2023, the median household income in Monroe County, Indiana was $63,760, up 6% from $60,294 in 2022. The Indiana median that year was $70,115.
What was the median household income in Monroe County in 2020?
In 2020, the median household income in Monroe County, Indiana was $52,503. By 2024 it had risen 25% to $65,876.
Is unemployment high in Monroe County, Indiana?
Unemployment in Monroe County, Indiana is 5.5%, well above the Indiana rate of 4.3%, so job seekers may face more competition than elsewhere.
What is the Gini coefficient in Monroe County, Indiana?
The Gini coefficient in Monroe County is 0.582. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is higher than the US average of 0.552, so income is distributed less equally than in the country overall.
How has the income gap between men and women changed in Monroe County, Indiana?
Since 2009, the income gap between men and women in Monroe County, Indiana has narrowed from about 25% to 19% in 2024. Over that period the gap was narrowest at 18% in 2022. In dollar terms, the gap has widened by $1,186 since 2009.
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