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Monroe North

Learn about the people, housing, costs and businesses in Monroe North, Washington

Median Home$808,900
Median Rent$2,579/month
Population1,900
Leading IndustriesArts, Food & Hospitality · Healthcare · Education19% arts, food & hospitality
Home Value Growth+1.8% over 2 years
Young Adults39% of residentstop 3% nationally
Homeowners94% of occupied units
NotableVeteran Community15% of residents · top 2% nationally
NotableAmenity Score83/100 · highly walkable area
Monroe North
WA

Frequently Asked Questions

What are today's mortgage rates in Monroe North?

As of today, the 30-year fixed mortgage rate for Monroe North is approximately 6.982% (7.021% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Monroe North?

The median home value in Monroe North is $809k. The median monthly rent is $2,579. Annual property taxes average $6k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Monroe North?

Home values in Monroe North have increased 1.8% over the past two years. The market has been relatively stable. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Monroe North?

Based on a typical all-in ownership cost of $2,646/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $113k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Monroe North is $164k/year.

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What industries drive the economy in Monroe North?

The largest employment sectors in Monroe North are healthcare (21%) and arts, food, and hospitality (19%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.