Monroe County, Michigan 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.

  • B
    Monroe County Around average
    Wealthier than 85% of counties in Michigan

Source: Map AI Methodology

Monroe County
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Wealth grade

Income Statistics Overview

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Metric Monroe County Michigan Avg US Average
Median Household Income $77,773 $72,977 $80,455
Median Personal Income $63,177 $59,920 $60,758
Average Yearly Income Growth 3.9% 4.6% 4.8%
Six-Figure Earners 11.2% 11.4% 13.9%
$200k+ Households 8.4% 9.5% 13.2%

The median household income in Monroe County is about 7% higher than in Michigan. Income has been growing slower in Monroe County (3.9%/yr) than in Michigan (4.6%/yr).

About 11% of adults in Monroe County earn six figures ($100,000 or more) a year, about the same as the Michigan average of 11%.

Median Household Income 2009–2024 Trend

Median Household Income Over Time

Monroe County
United States

Median household income in Monroe County, Michigan grew by 35.9% from 2009 to 2024, reaching $77,773 in 2024. That's an average of about 3.9% per year.

Year Monroe County United States

Income Inequality and the Gender Pay Gap in Monroe County

Metric Monroe County Michigan Avg US Average
Gini Coefficient 0.524 0.539 0.552
Male Median Income $74,513 $69,354 $69,667
Female Median Income $54,984 $54,749 $56,850
Gender Pay Gap 26.2% 21.1% 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 0.524, lower than Michigan's 0.539, so income is more evenly distributed here than there, and lower than the US's 0.552, so income is more evenly distributed here than there.

Men's income is about 36% more than women's income in Monroe County, Michigan. Over a 35-year career, a 36% wage gap accumulates to roughly $683,515 in unearned income for female workers in the area.

Income by Sex Over Time

Male
Female

Since 2009, the income gap between men and women in Monroe County, Michigan has narrowed from about 36% to 26% in 2024. Over that period the gap was narrowest at 26% in 2023. In dollar terms, the gap has narrowed by $847 since 2009.

Year Male Income Female Income Gap %

Employment

Metric Monroe County Michigan Avg US Average
Unemployment Rate 5.1% 5.7% 5.2%
Working from Home 8.8% 13.5% 15.0%
Commute time (minutes) 23 21 22

Approximately 3,873 people are unemployed in Monroe County, Michigan.

The average commute time in Monroe County is 23 minutes, longer than the 21 minutes in Michigan.

Unemployment Rate Over Time

Monroe County
United States

Since 2011, the unemployment rate in Monroe County, Michigan has fallen from 11.3% to 5.1% in 2024. Over that period the rate peaked at 11.4% in 2013 and fell as low as 4.8% in 2019.

Year Monroe County United States

Monroe County, MI Wealth Compared With Nearby Counties

Monroe County, MI is the 4th largest of the 6 counties compared here, 155,488 residents against a local median of 369,612. There is no headline here. Every measure below sits within 15% of the median across the nearest counties, which makes Monroe County, MI an unremarkable member of its own neighbourhood rather than an outlier in it.

The largest of those small differences is income growth, 13% below the local median at 3.9%/yr against 4.5%/yr. Monroe County, MI has the 5th highest income growth 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, MI 155,488 $77,773 #2/6 3.9%/yr #5/6 5.1% #4/6 0.524 #2/6
Lucas County, OH 427,836 $62,969 4.8%/yr 6.3% 0.533
Wayne County, MI 1,771,784 $60,677 4.7%/yr 8.7% 0.566
Washtenaw County, MI 369,612 $89,172 4.4%/yr 4.6% 0.544
Lenawee County, MI 98,415 $70,175 4.5%/yr 4.7% 0.518
Wood County, OH 132,059 $74,345 3.4%/yr 4.5% 0.543

Conclusion

Considering all these factors, Monroe County, Michigan has an overall wealth index grade of B, making it somewhat better than Michigan, and somewhat better than the country as a whole.

Frequently Asked Questions

Common questions about income and wealth in Monroe County, Michigan.

How Rich Is Monroe County, Michigan?

Monroe County has a wealth index grade of B. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a B grade means residents are quite well off compared to the U.S. average. The median household income is $77,773, about 7% higher than the Michigan average of $72,977.

Are incomes growing in Monroe County, Michigan?

Between 2009 and 2024, the median household income in Monroe County, Michigan rose 36%, from $57,208 to $77,773. Over the same years, income here lagged behind Michigan as a whole: +36% against +50%.

What was the median household income in Monroe County in 2023?

In 2023, the median household income in Monroe County, Michigan was $75,328, up 3% from $72,908 in 2022. The Michigan median that year was $71,362.

What was the median household income in Monroe County in 2020?

In 2020, the median household income in Monroe County, Michigan was $65,843. By 2024 it had risen 18% to $77,773.

What is the Gini coefficient in Monroe County, Michigan?

The Gini coefficient in Monroe County is 0.524. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is lower than the US average of 0.552, so income is distributed more equally than in the country overall.

How has the income gap between men and women changed in Monroe County, Michigan?

Since 2009, the income gap between men and women in Monroe County, Michigan has narrowed from about 36% to 26% in 2024. Over that period the gap was narrowest at 26% in 2023. In dollar terms, the gap has narrowed by $847 since 2009.

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