From its cultural venues to its lush green parks, there's plenty to do in Monroe, a community-minded city in Northeast Louisiana. Monroe's downtown area is exciting, but residents preferring to live life at a gentler pace can choose from a range of suburban areas located just minutes from the heart of town.
Monroe is an affordable place to raise a family, with a cost of living 11.8 percent lower than the national average. Energy costs are especially low thanks to Louisiana's many power plants. Property prices have appreciated by 1.5 over the last 12 months, and there's a great variety of dwellings. The average home in Monroe now costs $123,400. Northeast Louisiana also has some of the most homeowner-friendly property tax laws in the United States.
Monroe's low property prices, above average incomes, high-quality public schools, and strong economic growth saw Nerdwallet name it the fifth most family-friendly city in the United States.
Monroe, LA Job Opportunities
Monroe's diverse economies provide a range of job opportunities. St. Francis Medical Center is the city's largest employer, providing jobs for around 2,200 doctors, registered nurses, and other healthcare workers across its three local campuses. There are additional opportunities working for around 200 physicians and 70 dentists based in Monroe.
Gardener Denver Thomas, Sapa Extrusions, and Graphic packaging have helped cement Monroe's reputation as an important manufacturing center.
Monroe is also home to the headquarters of CenturyLink, one of America's largest telecommunications providers. It employs engineers, IT workers, HRIS analysts, and more.
Monroe, LA Employment Trends
Monroe's unemployment rate of 5.6 percent is 0.7 percent less than the United States average. The area has also enjoyed steady job growth in recent years. Jobs in Monroe have increased by 1.1 percent in the last year.
Forbes named Monroe one of the top 65 small places in America for careers and businesses, due in part to its strong history of job growth and predicted employment opportunities.