Monroe, NC — City Data, Demographics & Statistics
Union County · North Carolina
City DNA
A unique fingerprint for Monroe based on 8 key metrics — compared to averages.
Quick Stats
Population
35,596
2023 ACS
Median Income
$67,265
2023
Median Home Value
$270,600
2023
Median Rent
$1,216
2023
Median Age
36.5
Unemployment
5.5%
Cost of Living Index
112.8
100 = national avg
Monroe is a city in Union County, North Carolina, with a population of 35,596 according to the 2023 American Community Survey. Monroe is one of the communities in North Carolina.
The median household income in Monroe is $67,265, and the median home value is $270,600. The cost of living index is 112.8 (where 100 = national average), and the median rent is $1,216 per month. The unemployment rate is 5.5%, and the median age is 36.5 years.
People & Demographics
Source: U.S. Census Bureau ACS (2023)Population
Total Population
35,596
Male
17,671
49.6%
Female
17,925
50.4%
Median Age
36.5
Education & Household
Bachelor's or Higher
13.5%
High School or Higher
31.5%
Foreign Born
17.8%
Veterans
4.7%
Married
39.6%
Avg Household Size
2.9
Marital Status by Age
Race & Ethnicity
Diversity Index
0.582
Simpson's Index (0-1)
Largest Group
White
48.2%
Foreign Born
17.8%
Hispanic/Latino Ethnicity
Hispanic/Latino is an ethnicity, not a race. People of any race can identify as Hispanic. This percentage overlaps with the racial categories above.
Hispanic/Latino
31.0%
11,042 people
Not Hispanic/Latino
69.0%
Hispanic/Latino Detail
Source: U.S. Census Bureau ACS (2023)Asian Detail
Source: U.S. Census Bureau ACS (2023)American Indian & Alaska Native Detail
Source: U.S. Census Bureau ACS (2023)Languages Spoken
Total Speakers (5+)
33,424
English Only
69.5%
#1 Non-English Language
Spanish
9,579 speakers
Limited English
15.0%
Language Distribution
English Proficiency
Speaks English Very Well
85.0%
Limited English Proficiency
15.0%
Veterans & Military
Total Veterans
1,661
4.7% of population
Disability Rate
21.0%
349 with disability
Veteran Median Income
$54,931
Unemployment Rate
5.3%
Period of Service
Veteran Age Distribution
Male Veterans
1,546
93.1%
Female Veterans
115
6.9%
Veteran vs Non-Veteran Income
Veteran Income
$54,931
Non-Veteran Income
$33,890
Difference
$21,041
62.1% higher
Disability Status
With Disability
349
Without Disability
1,312
Disability Rate
21.0%
Ancestry & Heritage
Total Reporting Ancestry
13,508
#1 Ancestry
American
7.0% (2,490)
#2 Ancestry
Irish
6.4% (2,265)
#3 Ancestry
English
6.2% (2,204)
Top 20 Ancestries
Source: U.S. Census Bureau ACS (2023)Families & Households
Total Households
12,081
Family Households
8,154
67.5%
Married Couples
5,729
47.4%
Non-Family Households
3,927
32.5%
Single Mother Households
1,648
13.6%
Single Father Households
777
6.4%
Living Alone
3,138
26.0%
Children Under 18
Total Children
7,918
In Married Couple
5,331
67.3%
With Single Mother
1,727
21.8%
With Single Father
860
10.9%
Family Income
Median Family Income
$78,750
Married Couple Income
$95,400
Single Mother Income
$48,157
Single Father Income
$61,797
Avg Family Size
2.9
Avg Non-Family Size
2.8
Grandparents w/ Grandchildren
831
Grandparents Responsible
127
Economy
Source: U.S. Census Bureau ACS (2023)Income Overview
Median Household Income
$67,265
-8% vs national
Per Capita Income
$29,277
-21% vs national
Poverty Rate
13.9%
+2% vs national
Gini Index
0.4216
0 = perfect equality
Unemployment
5.5%
+5% vs national
SNAP Recipients
14.0%
of households
How Monroe Compares
Monroe vs Similar Cities
Compared to cities with 25,000 - 50,000 residents. Monroe is highlighted.
Median Household Income
Monroe, NC has a median household income of $67,265, making it the 13,291st highest median household income out of 28,123 cities in our database. This means that Monroe has a higher median household income than 53% of all the cities we measured.
Per Capita Income
Monroe, NC has a per capita income of $29,277, making it the 18,058th highest per capita income out of 28,123 cities in our database. This means that Monroe has a higher per capita income than 36% of all the cities we measured.
Poverty Rate
Monroe, NC has a poverty rate of 13.9%, making it the 12,230th highest poverty rate out of 31,262 cities in our database. This means that Monroe has a higher poverty rate than 61% of all the cities we measured.
Unemployment Rate
Monroe, NC has a unemployment rate of 5.5%, making it the 10,422nd highest unemployment rate out of 31,012 cities in our database. This means that Monroe has a higher unemployment rate than 66% of all the cities we measured.
Where Do You Stack Up?
Enter your household income to see how you compare to other households in Monroe. The median household income here is $67,265.
Income Distribution
Employment Snapshot
Unemployment Rate
5.5%
-6% vs NC avg
Labor Force
17,752
Employed
16,766
How People Get to Work
Employment by Sector
Education & Workforce
Bachelor's Degree+
13.5%
of adults 25+
High School Diploma+
31.5%
of adults 25+
Median Age
36.5
Work from Home
5.5%
of workers
Top Occupations & Wages
Source: Bureau of Labor Statistics OEWS (2024)
Data represents the Charlotte-Concord-Gastonia, NC-SC metro area
Highest-Paying Job
Software Developers
Top Median Wage
$132.1K
per year
Occupations Tracked
20
Cost of Living
Overall Index
112.8
100 = national avg
+12.8 vs national average
Living Wage (1 Adult)
$49,612
per year
Living Wage (Family of 4)
$117,264
per year
Cost Index by Category
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD
1 Bedroom
$1,538
per month
2 Bedroom
$1,686
per month
The median household income in Monroe, NC is $67,265, which is 8.1% below the national average of $73,224. Per capita income is $29,277. The poverty rate of 13.9% is lower than the NC state average of 16.0%. The Gini index of income inequality is 0.4216, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 5.5%, compared to the state average of 5.8%. The labor force is 17,752. 13.5% of adults hold a bachelor's degree or higher. About 74.9% of workers drive alone to work. The overall cost of living index is 112.8, which is 12.8% above the national average. Housing costs are above the national average at an index of 131.1. A single adult needs to earn approximately $49,612 per year to cover basic expenses.
Housing & Real Estate
Market SnapshotRedfin — January 2026
Median Sale Price
$400,000
Median List Price
$394,000
Price Per Sq Ft
$179
Days on Market
84
Active Inventory
191
Months of Supply
4.9
Balanced market
Zillow Home Value
$345,584
ZHVI — January 2026
Zillow Rent Index
$1,975
ZORI — January 2026
Market CompetitivenessRedfin
Sold Above List
10.3%
Off Market in 2 Weeks
26.6%
Sale-to-List Ratio
97.8%
Buyer's market
Price TrendsRedfin
Market ActivityRedfin
Homes Sold
39
New Listings
74
Price Per Square FootRedfin
Median Sale $/SF
$179
Median List $/SF
$190
House Price IndexFHFA
How much have housing prices increased in Monroe, NC? According to the Federal Housing Finance Agency (FHFA) House Price Index for the Charlotte-Concord-Gastonia, NC-SC metro area, home prices have risen 496.1% over the past 40 years. Over 20 years, prices grew 163.1%. The 10-year growth rate is 132.0%. Over the last 5 years, prices increased 63.8%. In the most recent 2-year period, the index rose 7.6%. The FHFA HPI tracks average price changes in repeat sales or refinancings of single-family properties with conforming mortgages. Because this is a metro-level index, it reflects the broader Charlotte-Concord-Gastonia, NC-SC housing market rather than Monroe alone.
Metro area: Charlotte-Concord-Gastonia, NC-SC
Monroe vs Similar CitiesCensus ACS / Redfin
Compared to cities with 25,000 - 50,000 residents. Monroe is highlighted.
Median Home Value
Monroe, NC has a median home value of $270,600, making it the 8,253rd highest median home value out of 27,993 cities in our database. This means that Monroe has a higher median home value than 71% of all the cities we measured.
Median Rent
Monroe, NC has a median rent of $1,216, making it the 6,465th highest median rent out of 22,337 cities in our database. This means that Monroe has a higher median rent than 71% of all the cities we measured.
Median Price Per Sq Ft
Monroe, NC has a price per square foot of $179, making it the 9,783rd highest price per square foot out of 20,748 cities in our database. This means that Monroe has a higher price per square foot than 53% of all the cities we measured.
Rent Burden
Monroe, NC has a rent burden of 21.7%, making it the 6,604th highest rent burden out of 21,928 cities in our database. This means that Monroe has a higher rent burden than 70% of all the cities we measured.
Census Housing DataU.S. Census Bureau ACS 2023
Median Home Value
$270,600
Median Rent
$1,216
Total Housing Units
12,994
Vacancy Rate
7.0%
Owner Occupied
58.5%
Renter Occupied
41.5%
Median Property Tax
$1,856
per year
Monthly Cost (w/ Mortgage)
$1,310
Housing Types
Property TaxU.S. Census Bureau ACS 2023
Median Property Tax
$1,856
per year
Effective Tax Rate
0.69%
of home value
Median Home Value
$270,600
Estimated Mean Tax
$2,215
The effective property tax rate is calculated by dividing the median annual property tax ($1,856) by the median home value ($270,600). In Monroe, NC, this works out to an effective rate of 0.69%. This is below the national average of approximately 1.1%.
The current median sale price in Monroe, NC is $400,000 according to Redfin data. Homes spend a median of 84 days on the market. 10.3% of homes sold above asking price. The market has 4.9 months of supply. The median price per square foot is $179. Zillow's observed rent index is $1,975/month. About 58.5% of housing units are owner-occupied. The median year homes were built is 1987. There are 12,994 total housing units. Homeowners pay a median annual property tax of $1,856. The effective tax rate is 0.69%, below the national average.
Crime Overview
Source: FBI Crime Data Explorer (2024)Violent Crime Rate
6.63
per 1,000 residents
+155% vs national
Property Crime Rate
33.34
per 1,000 residents
+94% vs national
Total Crimes
1,555
2024
Violent Clearance
28%
cases solved
Property Clearance
16%
cases solved
YoY Change
-22.2%
violent crime rate
improving vs 2023
How Monroe Compares
Source: FBI (2024)Monroe vs Similar Cities
Source: FBI (2024)Compared to cities with 25,000 - 50,000 residents. Monroe is highlighted in green.
Violent Crime Rate (per 1,000)
Property Crime Rate (per 1,000)
Murder Rate (per 1,000)
Crime Rate Trends
Source: FBICrime Composition
Source: FBI (2024)Violent Crime Breakdown
Property Crime Breakdown
Crime Clearance (Solve) Rates
Source: FBI (2024)Monroe police solve 100% of murder cases but only 4% of motor vehicle theft cases.
Weapon Used in Violent Crime
Source: FBI (2024)Crime Breakdown
Source: FBI Crime Data Explorer (2024)| Crime Type | Category | Count | Rate per 1K | Clearance % |
|---|---|---|---|---|
| Murder | Violent | 3 | 0.08 | 100.0% |
| Rape | Violent | 28 | 0.72 | 17.9% |
| Robbery | Violent | 32 | 0.82 | 31.3% |
| Aggravated Assault | Violent | 191 | 4.91 | 27.7% |
| Burglary | Property | 167 | 4.29 | 16.8% |
| Larceny/Theft | Property | 1,031 | 26.50 | 16.8% |
| Motor Vehicle Theft | Property | 99 | 2.54 | 4.0% |
Monroe, NC reported 258 violent crimes and 1,297 property crimes in 2024. The violent crime rate of 6.63 per 1,000 residents is 155.1% above the national average of 2.60 per 1,000. Law enforcement cleared 28% of violent crimes. Larceny/theft accounts for 1,031 of the property crime reports. Firearms were involved in 53.9% of aggravated assaults. Violent crime has been trending downward.
Crime History
Source: FBI| Year | Violent | Property | Violent Rate | Property Rate |
|---|---|---|---|---|
| 2024 | 258 | 1,297 | 6.63 | 33.34 |
| 2023 | 313 | 1,318 | 8.52 | 35.89 |
| 2022 | 276 | 1,390 | 7.84 | 39.48 |
| 2021 | 301 | 1,300 | 8.37 | 36.16 |
| 2020 | 371 | 1,749 | 10.35 | 48.81 |
| 2019 | 332 | 1,881 | 9.32 | 52.79 |
| 2016 | 228 | 1,964 | 6.52 | 56.15 |
Natural Hazard Risk
Source: FEMA National Risk IndexRisk Score
89.1
Relatively Moderate
Expected Annual Loss
91.5
Score (0-100)
Social Vulnerability
10.6
Score (0-100)
Community Resilience
55.2
Score (0-100)
Scores range from 0 (lowest risk) to 100 (highest risk) relative to all U.S. communities. Data from FEMA National Risk Index.
Disaster History & Federal Spending
Source: FEMATotal Declarations
20
Public Assistance
$6.3M
Individual Assistance
$2.6M
Most Common Type
Hurricane
10 declarations
Public Assistance by Category
| Disaster | Type | Date | PA $ | IA $ |
|---|---|---|---|---|
| Severe Winter Storm → | Winter Storm | Jan 2026 | — | — |
| Tropical Storm Helene → | Tropical Storm | Sep 2024 | $58K | $420K |
| Tropical Storm Debby → | Tropical Storm | Aug 2024 | — | — |
| Hurricane Ian → | Hurricane | Oct 2022 | — | — |
| Hurricane Isaias → | Hurricane | Aug 2020 | — | — |
| Covid-19 Pandemic → | Biological | Mar 2020 | $13K | $2.1M |
| Covid-19 → | Biological | Mar 2020 | — | — |
| Hurricane Dorian → | Hurricane | Sep 2019 | — | — |
| Hurricane Florence → | Hurricane | Sep 2018 | $1.3M | $103K |
| Hurricane Florence → | Hurricane | Sep 2018 | — | — |
| Hurricane Katrina Evacuation → | Hurricane | Sep 2005 | — | — |
| Tropical Storm Frances → | Hurricane | Sep 2004 | — | $20K |
| Severe Ice Storm → | Severe Ice Storm | Dec 2002 | $9K | — |
| Severe Winter Storm → | Severe Storm | Jan 2000 | $4.9M | — |
| Hurricane Floyd Major Disaster Declarati… → | Hurricane | Sep 1999 | $15K | — |
| Hurricane Floyd Emergency Declarations → | Hurricane | Sep 1999 | — | — |
| Blizzard of 96 → | Snowstorm | Jan 1996 | — | — |
| Hurricane Hugo → | Hurricane | Sep 1989 | — | — |
| Tornadoes → | Tornado | May 1989 | — | — |
| Drought → | Drought | Aug 1977 | — | — |
PA = FEMA Public Assistance (infrastructure recovery). IA = Individual Assistance (homeowner/renter aid).
Flood Insurance (NFIP)
Source: FEMA NFIPTotal Claims
78
Total Claims Paid
$1,378,325
Avg Claim Payout
$17,671
County-level NFIP data from FEMA National Flood Insurance Program.
Hazard Mitigation
Source: FEMA Hazard Mitigation AssistanceMitigation Projects
2
Federal Funding
$483,750
Avg Benefit-Cost Ratio
0.00
BCR
Top Mitigation Project Types
| Project Type | Projects | Federal $ |
|---|---|---|
| 91.1: Local Multihazard Mitigation Plan | 2 | $483,750 |
Federally funded projects to reduce future disaster risk. Only includes completed or obligated projects.
Monroe has a relatively moderate overall natural hazard risk rating according to FEMA's National Risk Index. The top hazard risks are ice storm, tornado, strong wind. The area has had 20 federal disaster declarations. The most common disaster type is hurricane (10 declarations). 78 flood insurance claims have been filed in the area. FEMA has obligated $6,271,224 in public assistance recovery funding. $2,642,344 has been distributed in individual assistance to disaster-affected residents. 2 hazard mitigation projects have been funded to reduce future risk.
Health
Community Health
Source: CDC PLACES
Obesity Rate
38.7%
2.6pp above the national average
Depression Rate
24.1%
0.6pp above the national average
Diabetes Rate
13.4%
1.5pp above the national average
Uninsured Rate
17.5%
6.9pp above the national average
Health Scorecard
Higher scores indicate better health outcomes relative to the national average (50 = average)
Health Outcomes
Age-adjusted prevalence rates. Green bars indicate rates below the national average; red indicates above.
High Cholesterol
35.8%
Arthritis
26.0%
Cancer (excl. skin)
6.8%
Teeth Lost (65+)
17.8%
Health Risk Behaviors
Prevention & Screening
Green bars indicate rates above the national average (more preventive care); red indicates below.
Mental Health & Wellbeing
Frequent Mental Distress
17.9%
14+ days in past month
Depression
24.1%
Loneliness
33.7%
Lack of Support
24.9%
Disability Prevalence
Any Disability
35.3%
Mobility
16.0%
Cognitive
17.4%
Hearing
7.3%
Vision
7.0%
Self-Care
5.0%
Independent Living
9.8%
Health-Related Social Needs
Prevalence of social risk factors affecting community health
Monroe has an obesity rate of 38.7%, which is 2.6pp above the national average. The depression rate is 24.1%, 0.6pp above the national average. About 17.5% of adults lack health insurance. 78.9% of residents had an annual checkup in the past year.
Nearby Hospitals
Source: CMS Hospital Compare
Nearest Hospitals
5
With Emergency Services
5
Avg CMS Rating
3.0 / 5
Nearest Hospital
7.7 mi
Atrium Health Union
| Hospital | Distance | Type | Rating | ER |
|---|---|---|---|---|
| Atrium Health Union | 7.7 mi | Acute Care Hospitals | 3/5 | Yes |
| Novant Health Ballantyne Medical Center | 14.9 mi | Acute Care Hospitals | — | Yes |
| Novant Health Mint Hill Medical Center | 18.6 mi | Acute Care Hospitals | 4/5 | Yes |
| Atrium Health Pineville | 18.9 mi | Acute Care Hospitals | 3/5 | Yes |
| Musc Health Lancaster Medical Center | 20.5 mi | Acute Care Hospitals | 2/5 | Yes |
Climate & Environment
Water Systems
Source: EPA SDWISWater Systems
3
Pop. Served
210,691
Violations (5yr)
2
| System Name | Pop. Served | Violations (5yr) |
|---|---|---|
| UNION COUNTY WATER SYSTEM | 167,554 | 0 |
| MONROE, CITY OF | 43,081 | 2 |
| WESTWOOD MHP | 56 | 0 |
Greenhouse Gas Emitters
Source: EPA GHGRP (2023)Facilities Reporting
1
Total CO₂e
60.9K MT
Top Emitter
ATI Specialty Materials, Monroe Plant
60.9K MT CO₂e
Total CO₂e vs Similar Cities (25,000 - 50,000)
| Facility | Sector | CO₂e (MT) |
|---|---|---|
ATI Specialty Materials, Monroe Plant Allegheny Technologies Inc | Metals | 60,858 |
Data from EPA Greenhouse Gas Reporting Program (GHGRP). Includes facilities emitting 25,000+ metric tons CO₂e/year.
There are 3 water systems serving the area. 2 water quality violations have been reported in the past 5 years. 1 industrial facility reports greenhouse gas emissions totaling 60.9K metric tons of CO₂e.
Infrastructure
Commute Overview2023 ACS
Drive Alone
74.9%
-5% vs national
Public Transit
0.0%
-99% vs national
Work From Home
5.5%
-41% vs national
Carpool
17.7%
Walk / Bike
0.9%
combined
How Monroe's Commute ComparesCensus ACS 2023
How People Get to WorkCensus ACS 2023
Commute Mode BreakdownCensus ACS 2023
Traffic Fatalities
Source: NHTSA FARS (2023)Fatalities
5
2023
6-Year Avg
4
fatalities/yr
Nighttime
1
dark conditions
| Year | Crashes | Fatalities | Alcohol | Pedestrian | Cyclist |
|---|---|---|---|---|---|
| 2023 | 5 | 5 | 0 | 0 | 0 |
| 2022 | 3 | 6 | 0 | 0 | 0 |
| 2021 | 5 | 5 | 0 | 2 | 0 |
| 2020 | 2 | 2 | 0 | 0 | 0 |
| 2019 | 3 | 3 | 0 | 1 | 0 |
| 2018 | 4 | 4 | 1 | 1 | 0 |
Data from NHTSA Fatality Analysis Reporting System (FARS). Includes only crashes involving at least one fatality.
Commute data for Monroe, NC covers travel times and transportation modes. 74.9% of workers drive alone, compared to the national average of 78.7%. 5.5% work from home, which is below the NC state average of 9.4%. 17.7% of workers carpool. In 2023, there were 5 traffic fatalities from 5 fatal crashes.
Internet & Broadband Access
Source: Census ACSBroadband Access
90.5%
of households
Cable / Fiber / DSL
72.6%
of households
No Internet
8.1%
of households
Total Households
12,081
Internet Subscription Types
Device Ownership
Source: Census ACSHas Computer
92.8%
of households
Smartphone
87.7%
of households
Desktop / Laptop
71.1%
of households
Tablet
58.9%
of households
Percentage of households with each device type. Data from the U.S. Census Bureau ACS (2023 5-year estimates, tables B28001 & B28002).
Electricity Rates
Source: U.S. Energy Information Administration (2024)Residential Rate
14.1¢
per kWh
-26% vs 25,000 - 50,000 avg
Commercial Rate
10.6¢
per kWh
-32% vs 25,000 - 50,000 avg
Industrial Rate
7.8¢
per kWh
-35% vs 25,000 - 50,000 avg
Avg Monthly Bill
$144
residential
-2% vs 25,000 - 50,000 avg
17% below the national average of 17.1¢/kWh
Residential electricity in North Carolina averages 14.1¢ per kWh, compared to the national average of 17.1¢. The average monthly electric bill is $144. State-level averages from EIA Electric Sales & Revenue data (2024).
Monroe vs Similar Cities
Source: EIA (2024)Comparing electricity rates with randomly selected cities of similar population (25,000 - 50,000). Each city represents its state's average rate.
Residential Rate (¢/kWh)
Commercial Rate (¢/kWh)
Industrial Rate (¢/kWh)
Average Monthly Bill
Water Systems
Source: EPA SDWISWater Systems
3
Population Served
210,691
Violations (5yr)
2
| System Name | Type | Source | Pop. Served | Violations |
|---|---|---|---|---|
| UNION COUNTY WATER SYSTEM | Community | Surface water | 167,554 | 0 |
| MONROE, CITY OF | Community | Surface water | 43,081 | 2 |
| WESTWOOD MHP | Community | Ground water | 56 | 0 |
90.5% of households in Monroe have broadband internet access. 72.6% have cable, fiber, or DSL service. 14.4% rely solely on cellular data without a wired connection. 8.1% of households have no internet access. 14.8% use only a smartphone without a desktop or laptop. The area is served by 3 water systems, providing water to 210,691 people. A total of 2 water quality violations have been recorded over the past 5 years.
Politics & Government
County-level data: Election results are reported at the county level. Monroe is located in Union County, NC. Results reflect all voters in the county, not just those in Monroe.
Election Overview
Source: Union County (2024)2024 Winner
Republican
Dem Votes
51,168
36.8%
GOP Votes
86,271
62.1%
Total Votes
138,875
Margin
R+25.3%
Shift from 2020
R+1.1pp
vs prior election
Election History
Source: County-Level Election Results| Year | Dem Votes | GOP Votes | Total | Dem % | GOP % | Margin |
|---|---|---|---|---|---|---|
| 2024 | 51,168 | 86,271 | 138,875 | 36.8% | 62.1% | R+25.3 |
| 2020 | 48,725 | 80,382 | 131,011 | 37.2% | 61.4% | R+24.2 |
| 2016 | 34,051 | 66,265 | 103,596 | 32.9% | 64.0% | R+31.1 |
In the 2024 presidential election, Union County recorded 138,875 total votes. Republicans won the county with 62.1% of the vote compared to 36.8% for Democrats, a margin of R+25.3%. Compared to 2020, the margin shifted R+1.1pp from the previous election. Since 2016, Union County has shifted 5.8 percentage points toward Democrats.
Nonprofits Overview
Source: IRS Exempt Organizations BMFTotal Nonprofits
331
Total Assets
$146.6M
Total Income
$86.3M
Per 10K Residents
93.0
nonprofits
+46.1% vs peers avg
Orgs with >$1M Assets
21
Median Assets
$213K
Oldest Active
1958
ruling year
Newest Org
2026
ruling year
Nonprofits by Category
Source: IRS / NTEE ClassificationTop 10 hold $110.4M of $146.6M total
Nonprofit Size Distribution
Source: IRS Exempt Organizations BMFNumber of nonprofits by total asset size
When Were Nonprofits Founded?
Source: IRS Ruling DateNumber of currently active nonprofits by founding decade
Nonprofits per 10K Residents vs Similar Cities
Source: IRS BMF + Census ACSCompared to cities with population 25,000 - 50,000
Largest Nonprofits in Monroe
Source: IRS Exempt Organizations BMFMonroe, NC has 331 registered 501(c)(3) nonprofit organizations with combined assets of $146.6M. The most common category is Religion-Related, with 65 organizations. 21 nonprofits have assets exceeding $1 million. That works out to 93.0 nonprofits per 10,000 residents. The oldest active nonprofit dates back to 1958.
SBA Lending Overview
Source: SBA FOIA Loan-Level DataTotal SBA Loans
336
Total Approved
$180.6M
Jobs Supported
3,152
Per 10K Residents
94.4
SBA loans
+2.4% vs peers avg
Unique Lenders
74
Top Lender
Wells Fargo Bank National Association
59 loans
Top Industry
Other Services
Data Span
1992–2026
Loan Program Breakdown
Source: SBA FOIALoans
286
Total Amount
$160.9M
Avg Loan
$562,677
Median Loan
$215,500
SBA Guaranteed
$124.0M(77%)
Jobs Supported
2,496
Loans
50
Total Amount
$19.7M
Avg Loan
$394,440
Median Loan
$256,500
Recent Activity (Last 5 Years)
Source: SBA FOIARecent Loans
86
26% of all-time total
Recent Amount
$68.1M
38% of all-time total
Avg Recent Loan
$791,842
Top Industries Funded
Source: SBA FOIA / NAICS CodesSBA Loans per 10K Residents vs Similar Cities
Source: SBA FOIA + Census ACSCompared to cities with population 25,000 - 50,000
Top SBA Borrowers
Source: SBA FOIA| Business | Loans | Amount |
|---|---|---|
| Vilas & Co. Inc. | 9 | $16.8M |
| Shri Vasudev Hospitality Llc | 2 | $5.1M |
| Rr Industries Llc | 1 | $5.0M |
| Om Lodging Llc | 1 | $5.0M |
| Mint Hill Cabinets Inc. | 2 | $5.0M |
| Gordon Funeral & Cremation Service | 1 | $4.6M |
| Soneriska Llc | 2 | $3.9M |
| Vista Auction Llc | 1 | $3.8M |
| 1307 Roosevelt Llc | 1 | $3.2M |
| Raj Hospitality Group Inc | 1 | $3.1M |
Monroe, NC has received 336 SBA loans totaling $180.6M in approved funding between 1992 and 2026. The 7(a) program accounts for 286 loans (85% of the total), supporting 2,496 jobs. The 504 program, focused on real estate and large equipment, has funded 50 loans totaling $19.7M. The most common industry receiving SBA funding is Other Services. The most active SBA lender in Monroe is Wells Fargo Bank National Association with 59 loans. That works out to 94.4 SBA loans per 10,000 residents.
ZIP Code Overview
Source: Census ACSZIP Codes
6
Total Population
169,980
Avg Median Income
-$111,035,350
Avg Home Value
-$110,840,861
ZIP Code Details
Source: Census ACS| ZIP Code | Population | Median Income | Home Value | Median Rent | Area (sq mi) |
|---|---|---|---|---|---|
| 28079 | 40,820 | $97,602 | $352,000 | $1,895 | 46.6 |
| 28104 | 36,232 | $129,775 | $482,200 | $1,705 | 29.6 |
| 28108 | 31 | N/A | N/A | N/A | 0.2 |
| 28110 | 55,807 | $81,221 | $302,600 | $1,313 | 127.4 |
| 28112 | 27,651 | $74,853 | $272,300 | $1,124 | 132.1 |
| 28174 | 9,439 | $71,115 | $212,400 | $1,069 | 36.4 |
Monroe, NC has 6 ZIP codes with a combined population of 169,980. The average median household income across all ZIP codes is -$111,035,350. The average median home value is -$110,840,861. The average median monthly rent is -$111,109,927.
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