Groundwork

Funeral services · County · Indiana

Funeral homes in Monroe County, IN

How Monroe County, IN compares with other counties and the U.S. for funeral homes: competitors, household spending, official counts and growth.

Groundwork market score · out of 100

Score 65 out of 100: Upper middle

Ranked #349 of 1,472 scored counties
#3 of 57 scored counties in Indiana

Listings
6
1 chain location (17%)
Official establishments
4
Businesses with payroll, 2023
Household spending a year
$6.5M
On funerals · $111 a household
Spending per listing
$1.1M
61% above the U.S.
Listings per 10k households
1.0
52% below the U.S.
Population, 2025
143,345
+1.9% since 2020

See the funeral homes around any address in Monroe County

The site report maps the funeral homes on map listings near the address, by name and distance, and sizes the households and spending around it. Or open the report at the center of Monroe County. Signed out, you see a blurred preview; on an account, each report is one action.

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Survey estimates 2020–2024 · population estimates 2025 · official business counts 2023 · map listings September 2026 · Data credits · How we measure

What this means

At $111 per household (23% below the U.S. average), households in Monroe County spend about $6.5M a year on funerals. That is about $1.1M of household spending for each home on map listings, 61% above the U.S. figure of $679K.

Monroe County has 6 funeral homes on map listings as of September 2026. One of them (17%) is a chain location, against 10% across the U.S. Per 10,000 households, that is 1.0, 52% below the U.S. rate of 2.1.

Official counts show 4 businesses with payroll classed as funeral homes and funeral services in Monroe County in 2023. That is one for every 14,809 households, against one for every 8,510 across the U.S.

Population estimates show Monroe County grew 1.9% from 2020 to 2025, slower than the U.S. (+3.1%). For funeral homes, Monroe County has a Groundwork market score of 65 (upper middle): #349 of 1,472 scored counties and #3 of 57 scored counties in Indiana. That puts it in the top quarter of counties.

How Monroe County compares

The same measures for Indiana and the whole U.S. Spending per listing divides a year of household spending on all funerals by the funeral homes counted, so it measures the demand for each competitor, not any business’s revenue. Households per establishment does the same with the official count.

Funeral homes in Monroe County, IN compared with Indiana and the U.S.
MeasureMonroe CountyIndianaU.S.
Listings per 10k households1.02.92.1
Spending per listing$1.1M$473K$679K
Households per official establishment14,8095,7068,510
Official establishment growth, 2019–2023n/a−4.6%−1.7%
Population growth, 2020–2025+1.9%+2.7%+3.1%
Spending per household on funerals$111$135$143
Median household income$65,868$71,957$80,734
Groundwork market score6526

Official counts and lending

Businesses

Official establishments, 2019 to 2023
5 → 4
Employees, 2023
49
Annual payroll, 2023
$2.1M
One-person businesses, 2023
Not publishedNot published for this business type
Map listings, September 2026
61 chain location
Listings at the U.S. rate for this spending
10The U.S. ratio of listings to household spending, applied here

SBA-backed loans since fiscal 2022

Loans
0
Amount
$0

SBA-backed loans to businesses classed as funeral homes and funeral services in Monroe County, through June 2026, placed by the borrower’s ZIP code. Official establishments are businesses with payroll; the official counts leave out places with fewer than 3.

Population and households in Monroe County

Population, 2025 estimate
143,345+1.9% since 2020
Households
59,236
Median age
35.8
Homes lived in by their owners
54%
Vehicles per household
1.7
Land area
395 sq. mi.
People per square mile
357
Median household income
$65,868+32.2% vs. 2015–2019, before inflation
Average household income
$91,438
Median home value
$285,200
Jobs located here
65,975
Daytime population
154,742Residents who don’t work, plus everyone whose job is here

Looking at a specific site in Monroe County?

These figures cover the whole county. A site report draws rings around one address and counts what’s inside them: households, spending, jobs, and the funeral homes on map listings by name and distance.

Or open the report at the center of Monroe County. Signed out, you see a blurred preview; on an account, each report is one action.

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Funeral homes across Indiana

Every Indiana market ranked →

The highest-scoring counties in Indiana for funeral homes, numbered among those based in Indiana, with Monroe County marked.

Top counties in Indiana

Counties in Indiana ranked for funeral homes by Groundwork market score
MarketScoreListingsPer 10k householdsSpending per listingPopulation growthU.S. rank
1Hamilton County, IN75151.1$1.1M+10.9%#137 of 1,472
2Hendricks County, IN69121.8$750K+10.2%#261 of 1,472
3Monroe County, IN6561.0$1.1M+1.9%#349 of 1,472
4Johnson County, IN62152.4$579K+7.4%#445 of 1,472
5Warrick County, IN6072.8$541K+4.4%#488 of 1,472
6Boone County, IN6082.8$476K+13.5%#493 of 1,472
7Elkhart County, IN59152.1$709K+0.9%#499 of 1,472
8Tippecanoe County, IN59121.6$671K+2.2%#502 of 1,472
9Porter County, IN57142.0$696K+1.6%#533 of 1,472
10Hancock County, IN5792.7$499K+13.5%#543 of 1,472

Other business types in Monroe County

Each with its Groundwork market score here, out of 100, where it has one.

Questions

How many funeral homes are in Monroe County, IN?

Map listings as of September 2026 show 6 funeral homes in Monroe County. One of them (17%) is a chain location. The listings count funeral homes, mortuaries and cremation services. Official counts show 4 businesses with payroll classed as funeral homes and funeral services in 2023.

How much do households in Monroe County, IN spend on funerals?

About $6.5M a year, or $111 per household. That is 23% below the U.S. average (an index of 77, where 100 is the U.S. average). Spread across the 6 funeral homes on map listings, it comes to $1.1M per home. It is estimated from the incomes of the 59,236 households in Monroe County and national spending patterns by income.

How does Monroe County, IN compare with the U.S. for funeral homes?

Monroe County has 1.0 funeral homes per 10,000 households, 52% below the U.S. rate of 2.1. Spending per home is $1.1M, 61% above the U.S. figure of $679K. At the U.S. ratio of funeral homes to household spending, Monroe County would have about 10, against 6 on map listings. There is one business with payroll in the industry for every 14,809 households, against one for every 8,510 across the U.S.

How fast is Monroe County, IN growing?

Population estimates put Monroe County at 143,345 people in 2025, up 1.9% since 2020, slower than the U.S. (+3.1%). It has 59,236 households. The median household income in Monroe County is $65,868 a year, 18% below the U.S. median of $80,734. That rose 32.2% from the 2015–2019 survey, before inflation.

What is the Groundwork market score?

The Groundwork market score runs from 0 to 100 and compares a market with others of its kind for one business type: states with states, metro areas with metro areas, small-town markets and counties with their own. It weighs household spending per competitor (35%), households per business with payroll (25%), population growth (20%) and spending power (20%), each ranked against those peers. A higher score means that, taken together, the market has more household spending and more households for each business already there, faster population growth and more spending per household than similar markets. It describes a market, not any one site or deal. Monroe County scores 65 for funeral homes (upper middle), #349 of 1,472 scored counties.

How can I see the market around a specific site?

Run a Groundwork site report on an address in Monroe County. It maps the funeral homes on map listings near the site and sizes the households and spending within the distance you choose. New accounts get 10 actions over 3 days, no card.

How the score works · Top markets for funeral homes · All 56 business types in Monroe County

Screening a site or an acquisition in Monroe County?

A site report maps the competitors on map listings near an address and sizes the households and spending around it.

The button opens the report at the center of Monroe County. Signed out, you see a blurred preview; on an account, each report is one action.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are estimates for research only. Not investment or real estate advice.