The median home value in Monrovia, MD is $590,900. This is higher than the county median home value of $452,800. The national median home value is $338,100. The average price of homes sold in Monrovia, MD is $590,900. Approximately 91.66% of Monrovia homes are owned, compared to 2.45% rented, while 5.90% are vacant. Monrovia real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you're interested in, contact a Monrovia real estate agent to arrange a tour today!
Learn More About Monrovia Real EstateMonrovia has a population of approximately 2,306 and experiences a population change rate of 351.27%. The population density is 1,025.3 / sq mi.
The median household income for Monrovia is $198,611, with 654 households and an average household size of 3.53.
The cost of living index in Monrovia is 139.5%.
The median value of a home in Monrovia is $590,900 with an appreciation rate of 11.5%. 91.7% of housing in the city is owned while 2.4% is rented.
The unemployment rate in Monrovia is 1.70%, and recent job growth is at 1.90%. Future job growth is projected at 33.87%.
The sales tax rate in Monrovia is 6.00%, while the income tax rate is 4.75%.
School expenditures in Monrovia are $16,215, and the school ratio is 15.7:1.
The average high temperature in July is 85.4 degrees, with an average low temperature in January of 23.4 degrees. The average rainfall is approximately 44.1 inches per year, with 25 inches of snow per year.
Metric | City | County |
---|---|---|
High School Graduates | 98.65 | 92.94 |
College Degree - 2 year | 9.65 | 8.5 |
College Degree - 4 year | 59.46 | 42.25 |
Graduate Degree | 9.14 | 14.12 |
Expenditures per Student | $16,215 | $16,215 |
Students per Teacher | 15.70 | 15.70 |
School | Grades | Students | P/T Ratio | ZIP |
---|---|---|---|---|
Clearspring Elementary School | PK - 05 | 626 | 16.4 | 20872 |
Damascus Elementary School | PK - 05 | 302 | 13.5 | 20872 |
Deer Crossing Elementary School | PK - 05 | 692 | 15 | 21774 |
Green Valley Elementary School | KG - 06 | 387 | 15.5 | 21770 |
Kemptown Elementary School | PK - 05 | 360 | 14.8 | 21770 |
Lois P. Rockwell Elementary | PK - 05 | 454 | 14.2 | 20872 |
Mount Airy Elementary School | 03 - 05 | 510 | 15.9 | 21771 |
New Market Elementary School | PK - 05 | 712 | 15.8 | 21774 |
Oakdale Elementary School | PK - 05 | 595 | 15.6 | 21754 |
Parr's Ridge Elementary School | PK - 02 | 443 | 14.5 | 21771 |
Twin Ridge Elementary School | PK - 05 | 519 | 16.4 | 21771 |
School | Grades | Students | P/T Ratio | ZIP |
---|---|---|---|---|
John T. Baker Middle School | 06 - 08 | 776 | 15.8 | 20872 |
Mount Airy Middle School | 06 - 08 | 607 | 14.9 | 21771 |
New Market Middle School | 06 - 08 | 487 | 14.3 | 21774 |
Oakdale Middle School | 06 - 08 | 641 | 16.6 | 21754 |
Urbana Middle School | 06 - 08 | 806 | 17 | 21754 |
Windsor Knolls Middle School | 06 - 09 | 777 | 16.4 | 21754 |
School | Grades | Students | P/T Ratio | ZIP |
---|---|---|---|---|
Damascus High School | 09 - 12 | 1248 | 16.2 | 20872 |
Oakdale High School | 09 - 12 | 1210 | 18.9 | 21754 |
Urbana High School | 09 - 12 | 1591 | 19.4 | 21754 |