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Monroe, Connecticut

town · Fairfield County

At a glance

18,949
Population
$503,200
Median home value (all homes)
66% above U.S. median
$652,071
Typical market value
Zillow, 2026-07
$994/mo
Median rent
26% below U.S. median
$157,250
Median household income
100% above U.S. median
34.1 min
Average commute
95.5%
Homes with broadband
4.9%
Unemployment

Cost of living (Clay Affordability Index)

CAI 124 — 24% above the national average. how it's computed

Housing84% above
Goods & services1% above
Utilities41% above
Taxes33% below
Insurance5% above
Commute cost25% above
For business: Connecticut is CBII band 3/5 · time to build band 3/5. See state page for the breakdown.

Living here

Nearest 4-year college8 mi
Nearest community college11 mi
Nearest technical college5 mi
High school graduates97.2%
College graduates57.3%

Doing business here

Economic development contacts, most local first:

city Monroe Economic Development Commission
Town of Monroe's Economic Development Department provides information about business opportunities and properties in Monroe, Connecticut. It is a department of the Town of Monroe.
state Connecticut Dept. Econ. Dev.
Connecticut Department of Economic and Community Development (DECD) is the state agency that supports economic development and community development in Connecticut, including business development, small business resources, brownfield redevelopment, film, arts and tourism initiatives, and related programs. It provides contact points for in-state and out-of-state companies seeking assistance and coordinates various grant and program opportunities.
state Connecticut's Business Response
State sales taxYes
State income taxYes
Right-to-work stateNo

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