Monrovia is a very small town located in the state of Indiana. With a population of 1,954 people and two associated neighborhoods, Monrovia is the 266th largest community in Indiana. There's nothing like the smell of a brand new house, and in Monrovia, you'll find that a large proportion of houses were recently built. New growth in residential real estate is an indication that people are choosing to move to Monrovia, and putting down their money on brand new construction. Monrovia’s real estate is, on average, some of the newest in the nation. Monrovia does seem to be experiencing an influx of affluent people, because the median household income is $84,688.00.

Also of interest is that Monrovia has more people living here who work in computers and math than 95% of the places in the US.

One interesting thing about the economy is that relatively large numbers of people worked from their home: 14.30% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.

Monrovia is a good choice for families with children because of several factors. Many other families with children live here, making it a place where both parents and children are more likely to develop social ties with other families. The town’s good public school district and large population of college-educated adults provide an environment conducive to academic success. Many people own their own single-family homes, providing areas for children to play and stability in the community. Finally, Monrovia’s overall crime rate is lower than average for the country.

In Monrovia, however, the average commute to work is quite long. On average, people spend 34.67 minutes each day getting to work, which is significantly higher than the national average.

Being a small town, Monrovia does not have a public transit system used by locals to get to and from work.

The percentage of adults in Monrovia who are college-educated is close to the national average for all communities of 21.84%: 20.12% of the adults in Monrovia have a bachelor's degree or advanced degree.

The per capita income in Monrovia in 2022 was $33,936, which is upper middle income relative to Indiana, and middle income relative to the rest of the US. This equates to an annual income of $135,744 for a family of four. However, Monrovia contains both very wealthy and poor people as well.

Monrovia is a somewhat ethnically-diverse town. The people who call Monrovia home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Monrovia residents report their race to be White, followed by Black or African-American. Important ancestries of people in Monrovia include German, English, Irish, French, and Norwegian.

The most common language spoken in Monrovia is English. Other important languages spoken here include Langs. of India and Korean.