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Real Estate Prices & Overview

Monroe Northeast median real estate price is $180,807, which is more expensive than 35.8% of the neighborhoods in Michigan and 21.7% of the neighborhoods in the U.S.

The average rental price in Monroe Northeast is currently $1,324, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 82.8% of Michigan neighborhoods.

Monroe Northeast is a suburban neighborhood (based on population density) located in Monroe, Michigan.

Monroe Northeast real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the Monroe Northeast neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

Real estate vacancies in Monroe Northeast are 4.6%, which is lower than one will find in 70.5% of American neighborhoods. Demand for real estate in Monroe Northeast is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.

Notable & Unique Neighborhood Characteristics

Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Monroe, the Monroe Northeast neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Diversity

Did you know that the Monroe Northeast neighborhood has more Yugoslav ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 0.4% of this neighborhood's residents have Yugoslav ancestry.

Monroe Northeast is also pretty special linguistically. Significantly, 7.7% of its residents five years old and above primarily speak Polish at home. While this may seem like a small percentage, it is higher than 96.8% of the neighborhoods in America.

The Neighbors

There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.

The neighbors in the Monroe Northeast neighborhood in Monroe are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 53.0% of the neighborhoods in America. With 26.2% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 76.2% of U.S. neighborhoods.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the Monroe Northeast neighborhood, 31.9% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 29.0% of the residents employed. Other residents here are employed in executive, management, and professional occupations (23.9%), and 15.2% in sales and service jobs, from major sales accounts, to working in fast food restaurants.

Languages

The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Monroe Northeast neighborhood is English, spoken by 97.6% of households. Other important languages spoken here include Polish and Italian.

Ethnicity / Ancestry

Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.

In the Monroe Northeast neighborhood in Monroe, MI, residents most commonly identify their ethnicity or ancestry as German (15.0%). There are also a number of people of Irish ancestry (10.9%), and residents who report Polish roots (9.2%), and some of the residents are also of English ancestry (5.6%), along with some French ancestry residents (4.0%), among others.

Getting to Work

Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in Monroe Northeast neighborhood spend under 15 minutes commuting one-way to work (48.7% of working residents), one of the shortest commutes across America.

Here most residents (77.7%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (13.4%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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