Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 47.0 yrs |
|---|---|
| Avg HH Size | 2.55 |
| Below Poverty | 17.0% ▲ 70% above avg |
| College Grads | 27.7% ▼ 28% below avg |
| Unemployment | 1.5% ▼ 69% below avg |
| HS Graduate | 274 (36.3%) |
| Some College | 104 (13.8%) |
| Associates | 167 (22.1%) |
| Bachelors | 40 (5.3%) |
| Graduate Degree | 169 (22.4%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $44,012 ▼ 42% below avg |
|---|---|
| Median Home Value | $130,200 ▼ 53% below avg |
| Home/Income Ratio | 3.0x (nat avg ~3.5x) |
| Median Rent | $579/mo |
| Total Housing Units | 603 |
| Vacant Units | 162 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Monterey is a city in Indiana, located in Pulaski County. The city spans 1 ZIP code and is home to approximately 1,123 residents. It is a mature city, with a median age of 47 years.
Economically, Monterey is a working-class community. The median household income of $44,012 is below the national average. Approximately 17.0% of residents live below the poverty line. The unemployment rate is 1.5%, well below the national average.
The real estate market in Monterey is one of the more affordable housing markets in the country. Median home values stand at $130,200, which is well below the national average. Renters typically pay around $579 per month. Homeownership is high at 82.1%, typical of suburban and family-oriented communities.
The population of Monterey is moderately educated. 27.7% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (88.42%).
Monterey, IN offers residents a cost-conscious lifestyle within Indiana.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 46960 | 1,123 | $44,012 | $130,200 | $579 | 1.5% | 27.7% | 82.1% |