Monroe is a small town of 132 in Oklahoma, with a median household income of $33,750
and a 46.3% unemployment rate.
Its cost of living index is 88 (US average = 100), which is
12% below the national average.
Strengths:
Monroe stands out for an affordable cost of living, below-average home prices, solid school ratings (B-).
Trade-offs:
Potential downsides include an elevated unemployment rate. Whether Monroe is right for you depends on your priorities — the full breakdown is below.
All Monroe city data on this page comes from official government sources —
the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.
Cost of Living
Index: 87.6
Monroe's overall cost of living index is 87.6,
where 100 represents the US national average.
Living in Monroe costs roughly 12% less than the average American city.
Metric
Monroe, OK
National Avg
Median Home Value
$92,500
$244,900
Median Monthly Rent
$725
$1,163
Homeownership Rate
67.5%
65.9%
Median Household Income
$33,750
$74,755
Crime & Safety
Safer than Average
Monroe's violent crime rate is 230.7 per 100,000 residents
— 39% lower than the national average of ~380 per 100,000.
Violent Crime
230.7 /100k
Property Crime
1348.0 /100k
Vertical marker = national average. Source: FBI UCR Program.
Schools & Education
Monroe is served primarily by MONROE.
The student-to-teacher ratio is 11.9:1
(better than the national average of ~16:1).
Metric
Monroe, OK
National Avg
School District
MONROE
—
Elementary Schools
1
—
Middle Schools
N/A
—
High Schools
N/A
—
Student/Teacher Ratio
11.9:1
16:1
Bachelor's Degree or Higher
5.4%
35.4%
High School Diploma or Higher
100.0%
91.1%
Weather & Climate
Monroe sees average highs of 50.5°F in January
and 93.1°F in July,
with 49.1 inches of annual precipitation
and 0.6 inches of snow per year.
Monroe's cost of living index is 88, where 100 is the national average.
That makes Monroe roughly 12% less expensive than a typical US city — a meaningful affordability advantage.
The median home price is $92,500 and median rent is $725/month.
Monroe's violent crime rate is 230.7 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 1348.0 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Monroe are operated by MONROE.
The district has 1 elementary, several middle, and several high schools.
The student-to-teacher ratio is 11.9:1. 5.4% of adults 25+ hold a bachelor's degree or higher.
Monroe, OK has a population of 132, a median household income of $33,750, and an unemployment rate of 46.3%.
It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Monroe averages 50.5°F in January and 93.1°F in July. Annual rainfall is 49.1 inches
with about 0.6 inches of snow per year.
Based on NOAA 30-year climate normals (1991–2020).
Monroe, OK is covered by 1 ZIP code: 74947.
The population of Monroe, Oklahoma is 132 with a median age of 21.9. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Monroe: cost of living index 88 (100 = US average), median home $92,500, median household income $33,750, crime index 62 (100 = US average, lower is safer), schools rated B-. Whether these are benefits or drawbacks depends on where you're coming from — compare Monroe side by side with your current city to see the trade-offs.