Zip Code

71203

City

Monroe, LA

Population & Migration

What is the forecasted population for Zip code 71203 Monroe, LA?

Population census 2020
40,196
Forecasted population 2025
40,835
1.6% vs. 2020
Forecasted population 2030
42,918
6.8% vs. 2020

Zip code 71203 Monroe, LA population is forecasted to decrease 1.6% by 2025 (-3.1 points below the 4.7% national average).

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Housing and Affordability

With a forecasted population of 40,835 people for 2025 zip code 71203 Monroe, LA will generate a good demand for housing, which is expected to have a deficit of 1,163 houses for 2030. Vacancy rate is 3.5 points above national US average.

Total homes available 2020
17,182
Estimated total home demand in 2030
18,345
Total homes balance inventory
1,163

Average Household Income in zip code 71203 Monroe, LA
from Internal Revenue Service

Average household income in 2021
$63,403

Affordability

Affordability Index
2

Affordability indicates the ability of potential homebuyers to afford a home measured in number of years needed to pay a house. Example: Home Price 500,000 / Household Income 100,000 = 5 Years = Index 5

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Drinking water violations

How is the quality of drinking water in Zip code 71203 Monroe, LA?

County total number of drinking water violations

271

+20%

226

County total number of drinking water contaminations

8

-65%

23

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