Monroe, MI — income, home value, property tax, and sales tax.
ZIP code 48111, centered on Monroe, sits in middle-income territory, with a median household income of $76,595 and per-capita income of $41,748. Home values run higher than the income figures might imply: the median property is worth $261,500, and the county-level effective property tax rate of 1.63% means owners pay a meaningful share of that value each year. Sales tax across the area totals 6.00%, applied to everyday purchases. Together these figures describe a community where earnings are solid but not affluent, and where housing costs and taxes claim a real portion of household budgets.
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