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Economic Atlas
Places/MI/Monroe
County profile

Monroe

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
GDP growth
+3.3%
Jobs tracked
37,143
Employers
2,395
Avg. wage
$59.0k
Population
156,004
Labor & formation
Unemployment
5.2%
Median HH income
$77.3k±$2.3k
Business applications
1,499 · 2025

Public companies headquartered here

SEC EDGAR · FMP
CompanySectorRevenueEA
1La-Z-Boy IncorporatedConsumer Cyclical$2.1B71B

HQ-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
$6.3B
2019
$5.9B
2020
$6.7B
2021
$7.4B
2022
$7.9B
2023
$8.1B
2024

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
191 (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
346
2016
366
2017
387
2018
403
2019
416
2020
459
2021
510
2022
538
2023
568
2024
605
2025

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) (CY2022):2,539,715 short tons/yr · Monroe, MI
Filing activity
SEC EDGAR

2 filings from 1 company here in the last 90 days.

8-KLa-Z-Boy Incorporated06-16
10-KLa-Z-Boy Incorporated06-16
10-QLa-Z-Boy Incorporated02-17
8-KLa-Z-Boy Incorporated02-17
8-KLa-Z-Boy Incorporated12-09
8-KLa-Z-Boy Incorporated11-18
10-QLa-Z-Boy Incorporated11-18
8-KLa-Z-Boy Incorporated10-14
8-KLa-Z-Boy Incorporated08-27
10-QLa-Z-Boy Incorporated08-19
Wage trend
BLS QCEW · 2019–2023
$59.0k
avg. annual pay · +16% since 2019
Similar US counties
nearest by GDP
Lebanon$8.1BDouglas$8.2BNorth Slope Borough$8.1BBrunswick$8.1BHouston$8.0BBeaver$8.0B
The read

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.
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