Monrovia is located close to the center of Indiana. Monrovia is part of Morgan County. Monrovia has 1.77 square miles of land area and 0.00 square miles of water area. As of 2010-2014, the total Monrovia population is 1,631, which has grown 159.71% since 2000. The population growth rate is much higher than the state average rate of 7.60% and is much higher than the national average rate of 11.61%. Monrovia median household income is $48,403 in 2010-2014 and has has shrunk by 2.38% since 2000. The income growth rate is much lower than the state average rate of 17.25% and is much lower than the national average rate of 27.36%. Monrovia median house value is $128,000 in 2010-2014 and has shrunk by -44.14% since 2000. The house value growth rate is higher than the state average rate of 30.12% and is lower than the national average rate of 46.91%. As a reference, the national Consumer Price Index (CPI) inflation rate for the same period is 26.63%. On average, the public school district that covers Monrovia is worse than the state average in quality. The Monrovia area code is 317.