County profile
Monroe County, MI
United States · GDP 2024
#519 of 3,127 US counties by GDP39th-percentile growthmore diversified than 86% of counties
EA Place Score
——methodology in progress
GDP 2024 (USD)
$8.1B
BEA · 2024
GDP growth (YoY)
+3.3%
BEA · 2024
Jobs tracked
37,143
Census CBP · 2023
Employers
2,395
Census CBP · 2023
Avg. wage
$59.0k
BLS QCEW · 2023
Population
156,004
Census PEP · 2025
Labor, income & education
Unemployment
4.7%
Median HH income
$77.3k±$2.3k
Bachelor's degree+
23.3%±1.1%
Poverty rate
10.5%±1.1%
Business applications
1,499 · 2025
Retail establishments
376
24.1/10k pop
Public companies headquartered here
SEC EDGAR · FMPCompanySectorRevenueEA
1La-Z-Boy IncorporatedConsumer Cyclical$2.1B71BHQ-based placement with total (global) headcount — local employment attribution needs firmographic data; the industry mix at right is measured county data (CBP).
Industry mix · employment
Manufacturing28%
Retail trade21%
Food & accommodation18%
Health care17%
Transportation8%
Wholesale trade8%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 2020–2025
156,004
residents · 2025 · +0.7% since 2020
Income per capita $61.7k · BEA 2024
COMPONENTS OF CHANGE · 2021–2025
Domestic migration+2,431
International migration+703
Natural change−1,988
GDP trend
2019–2024 · nominal
$6.3B2019
$5.9B2020
$6.7B2021
$7.4B2022
$7.9B2023
$8.1B2024
Real estate & risk
FHFA · ACS · FEMA
Median home value
$228.9k±$4.8k
Median gross rent
$1.1k/mo±$43/mo
Vacancy rate
5.4%±0.7%
Affordability
3.9× wages
Residential permits
$55.7M
191 units · 1.2/1k pop
FEMA risk score
82.5
HUD Fair Market Rent (2BR):$1.3k/mo · 2026
TOP PERILS · FEMA NRI
Strong wind 94Tornado 89Ice storm 85
FHFA HOUSE PRICE INDEX · 2016–2025
3462016
3662017
3872018
4032019
4162020
4592021
5102022
5382023
5682024
6052025
RESIDENTIAL PERMITS · 2021–2025
↓ -28% since 20212652021
2662022
2582023
2372024
1912025
Transport access
BTS · FAA · USACE
Nearest interstate
12.9 km
I-75
Nearest freight rail
6.1 km
CN
Nearest port
3.6 km
Monroe, MI
Nearest commercial airport
34.7 km
WILLOW RUN
Waterborne tonnage, host port(s) (CY2023):2,539,715 short tons/yr · Monroe, MI
Filing activity
SEC EDGAR2 filings from 1 company here in the last 90 days.
Wage trend
BLS QCEW · 2019–2023$59.0k
avg. annual pay · +16% since 2019
Similar US counties
nearest by GDPNearby & same-state counties
by GDP rankThe read
What is the GDP of Monroe?
Monroe's economy produced $8.1B in 2024, growing 3.3% year over year — slower than 61% of US counties. Its largest employment sector is manufacturing.
GDP: BEA (2024), USD-normalized · Jobs/employers/wages & industry mix: Census CBP (2023) · Population & migration: Census PEP · Income: BEA CAINC1 · Companies: SEC EDGAR + FMP, by HQ.