South Monroe, MI
6,960Residents
$61,982Median household income
$987/moMedian gross rent
$184,000Median home value
45.5Median age
17%Adults with a bachelor’s degree or higher
70%Homes lived in by their owners
3.0×Home value to household income
Median rent takes about 19% of the median household income in South Monroe.
What pay do you need to rent here?
To keep rent at or below 30% of gross pay, you would need about $39,000 a year. In Michigan that leaves roughly $2,655 a month after tax. See the full paycheck breakdown for $40,000.
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Source: Census ACS 2024 ACS 5-year, places. Small places carry larger margins of error.