Groundwork

Real estate · Metro area · Michigan

Real estate businesses in the Monroe, MI metro area

Competitor counts, household spending and official business counts for real estate businesses in the Monroe, MI metro area, set against other metro areas and the U.S.

Groundwork market score · out of 100

Score 68 out of 100: Upper middle

Ranked #46 of 387 scored metro areas
#1 of 15 scored metro areas based in Michigan

Listings
128
6 chain locations (5%)
Official establishments
41
+24.2% since 2019
Household spending a year
$892.9M
On rent and homeowner costs · $14,166 a household
Housing spending per listing (U.S. = 100)
161
61% above the U.S.
Listings per 10k households
20.3
47% below the U.S.
Population, 2025
156,004
+0.7% since 2020

See the real estate businesses around any address in the Monroe metro area

The site report maps the real estate businesses 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 the Monroe metro area. 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

Household spending on rent and homeowner costs in the Monroe metro area comes to about $892.9M a year: $14,166 per household, 15% below the U.S. average. Housing spending per office is 61% above the U.S. figure. The spending figure is all rent and homeowner costs, a measure of housing demand, not money real estate businesses take in.

There are 128 real estate businesses on map listings in the Monroe metro area as of September 2026. Chain locations make up 5% of them, against 6% across the U.S. That is 20.3 per 10,000 households, 47% below the U.S. rate of 38.5.

In 2023, official counts showed 41 businesses with payroll in the Monroe metro area classed as real estate agents, property managers, mortgage lenders and inspectors, up 24.2% from 2019. That is one for every 1,537 households, against one for every 414 across the U.S. Official counts also show 480 one-person businesses without payroll.

Population estimates put the population change in the Monroe metro area from 2020 to 2025 at +0.7%, slower than the U.S. (+3.1%). The Groundwork market score for real estate businesses in the Monroe metro area is 68 (upper middle), #46 of 387 scored metro areas and #1 of 15 scored metro areas based in Michigan. That puts it in the top quarter of metro areas.

How the Monroe metro area compares

The same measures for Michigan and the whole U.S. Housing spending per listing divides all rent and homeowner costs by the listings counted: a measure of housing demand for each business, not money any of them take in, so it is shown against the U.S. (100) only. Households per establishment divides households by the official count.

Real estate in Monroe, MI metro area compared with Michigan and the U.S.
MeasureMonroe metro areaMichiganU.S.
Listings per 10k households20.331.238.5
Housing spending per listing (U.S. = 100)161104100
Households per official establishment1,537728414
Official establishment growth, 2019–2023+24.2%+11.2%+15.8%
Population growth, 2020–2025+0.7%+0.6%+3.1%
Spending per household on rent and homeowner costs$14,166$13,996$16,661
Median household income$77,335$72,875$80,734
Groundwork market score6847

Official counts and lending

Businesses

Official establishments, 2019 to 2023
41+24.2% over the period
Employees, 2023
103
Annual payroll, 2023
$4.9M
One-person businesses, 2023
480Businesses with no payroll
Map listings, September 2026
1286 chain locations
Listings at the U.S. rate for this spending
206The 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 real estate agents, property managers, mortgage lenders and inspectors in the Monroe metro area, 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 the Monroe metro area

Population, 2025 estimate
156,004+0.7% since 2020
Households
63,029
Median age
43.7
Homes lived in by their owners
82%
Vehicles per household
1.9
Land area
549 sq. mi.
People per square mile
283
Median household income
$77,335+24.3% vs. 2015–2019, before inflation
Average household income
$98,107
Median home value
$228,900
Jobs located here
38,727
Daytime population
128,192Residents who don’t work, plus everyone whose job is here

Looking at a specific site in the Monroe metro area?

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

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

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Real estate across Michigan

Every Michigan market ranked →

The highest-scoring metro areas in Michigan for real estate businesses, numbered among those based in Michigan (a market based in another state is listed without a number), with the Monroe metro area marked.

Top metro areas in Michigan

Metro areas in Michigan ranked for real estate businesses by Groundwork market score
MarketScoreListingsPer 10k householdsHousing spending per listing (U.S. = 100)Population growthU.S. rank
1Monroe, MI6812820.3161+0.7%#46 of 387
2Bay City, MI607216.0187−1.6%#89 of 387
3Battle Creek, MI609317.4174−0.6%#90 of 387
4Saginaw, MI5417322.2136−1.1%#142 of 387
5Muskegon-Norton Shores, MI5416624.5123+1.8%#144 of 387
6Midland, MI5410530.0111+0.3%#147 of 387
South Bend-Mishawaka, IN-MI5130423.7132+0.1%#171 of 387
7Lansing-East Lansing, MI4952427.0118+1.4%#189 of 387
8Jackson, MI4816526.4118−0.4%#196 of 387
9Kalamazoo-Portage, MI4433731.5103+0.8%#242 of 387

Other business types in the Monroe metro area

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

Questions

How many real estate businesses are in the Monroe, MI metro area?

As of September 2026, map listings count 128 real estate businesses in the Monroe metro area. 6 of them (5%) are chain locations. The listings count real estate agents and brokers, property managers, mortgage brokers and lenders, and home inspectors. Official counts show 41 businesses with payroll classed as real estate agents, property managers, mortgage lenders and inspectors in 2023, up 24.2% from 2019. Another 480 one-person businesses have no payroll, by official counts.

How much do households in the Monroe, MI metro area spend on rent and homeowner costs?

About $892.9M a year, or $14,166 per household. That is 15% below the U.S. average (an index of 85, where 100 is the U.S. average). For the 128 real estate businesses on map listings, housing spending per office is 61% above the U.S. figure. That figure is all rent and homeowner costs, used as a measure of housing demand; it is not money real estate businesses take in. It is estimated from the incomes of the 63,029 households in the Monroe metro area and national spending patterns by income.

How does the Monroe, MI metro area compare with the U.S. for real estate businesses?

The Monroe metro area has 20.3 real estate businesses per 10,000 households, 47% below the U.S. rate of 38.5. The index of housing spending per office is 161, where 100 is the U.S. At the U.S. ratio of real estate businesses to household spending, the Monroe metro area would have about 206, against 128 on map listings. There is one business with payroll in the industry for every 1,537 households, against one for every 414 across the U.S. The official count rose 24.2% from 2019 to 2023, against +15.8% for the U.S.

How fast is the Monroe, MI metro area growing?

Population estimates put the Monroe metro area at 156,004 people in 2025, up 0.7% since 2020, slower than the U.S. (+3.1%). It has 63,029 households. Median household income in the Monroe metro area is $77,335, 4% below the U.S. median of $80,734. Against the 2015–2019 survey, the median rose 24.3%, 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. The Monroe metro area scores 68 for real estate businesses (upper middle), #46 of 387 scored metro areas.

How can I see the market around a specific site?

Run a Groundwork site report on an address in the Monroe metro area. It maps the real estate businesses 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 real estate businesses · All 56 business types in the Monroe metro area

Screening a site or an acquisition in the Monroe metro area?

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 the Monroe metro area. 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.