Monrovia, IN 46157 Landlot Properties For Sale
The median home value in Monrovia, IN 46157 is $264,800. This is higher than the county median home value of $245,300. The national median home value is $338,100. The average price of homes sold in Monrovia, IN 46157 is $264,800. Approximately 77.46% of Monrovia, IN 46157 homes are owned, compared to 13.12% rented, while 9.42% are vacant. Monrovia, IN 46157 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, IN 46157 real estate agent to arrange a tour today!
Learn More About Monrovia, IN 46157 Real EstateStatistics & facts
4,169
Population
$264K
Medium Home Value
1,270
# of Households
9.41%
Housing Vacancy
46.68%
Future Job Growth
2.40%
Unemployment Rate
Population
Monrovia, IN 46157 has a population of approximately 4,169 and experiences a population change rate of 59.92%. The population density is 130.8 / sq mi.
Household
The median household income for Monrovia, IN 46157 is $85,625, with 1,270 households and an average household size of 2.93.
Cost of Living
The cost of living index in Monrovia, IN 46157 is 94.8%.
Home Value
The median value of a home in Monrovia, IN 46157 is $264,800 with an appreciation rate of 17.9%. 77.5% of housing in the zip code is owned while 13.1% is rented.
Employment
The unemployment rate in Monrovia, IN 46157 is 2.40%, and recent job growth is at 1.81%. Future job growth is projected at 46.68%.
Taxes
The sales tax rate in Monrovia, IN 46157 is 7.00%, while the income tax rate is 3.23%.
Education
School expenditures in Monrovia, IN 46157 are $11,520, and the school ratio is 15.1:1.
Weather
The average high temperature in July is 84.6 degrees, with an average low temperature in January of 18.7 degrees. The average rainfall is approximately 43.6 inches per year, with 21.6 inches of snow per year.
Education near Monrovia IN, 46157
| Metric | City | County |
|---|---|---|
| High School Graduates | 93.03 | 88.48 |
| College Degree - 2 year | 15.43 | 8.89 |
| College Degree - 4 year | 17.94 | 19.11 |
| Graduate Degree | 2.97 | 5.08 |
| Expenditures per Student | $11,520 | $11,520 |
| Students per Teacher | 15.10 | 15.10 |
Elementary Schools near Monrovia IN , 46157
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Middle Schools near Monrovia IN , 46157
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High Schools near Monrovia IN , 46157
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Ungraded Schools near Monrovia IN , 46157
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