Real Estate details: Monroe MI vs Richmond VA
RE Insights
| Metric | Monroe | Richmond |
|---|---|---|
| Population | 20,295 | 229,395 |
| Median Home Price | $163,000 | $309,500 |
| Rent | 32% | 57% |
| Own | 68% | 43% |
Real Estate Insights Comparison: Monroe vs Richmond
- The population in Richmond is greater at 229,395 compared to 20,295 in Monroe.
- The median home price in Richmond is higher at $309,500 compared to $163,000 in Monroe.
- The rent percentage in Richmond is higher at 57% compared to 32% in Monroe.
- A greater percentage of homeowners in Monroe at 68% compared to 43% in Richmond.
Environmental Insights
Understanding environmental factors is crucial for assessing the sustainability and quality of life in a city or town. Environmental conditions can vary significantly, influenced by factors such as air quality, green spaces, and local climate. Evaluating these aspects helps in making informed decisions about living and investing in a community.