Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 63.6 yrs |
|---|---|
| Avg HH Size | 2.34 |
| Below Poverty | 7.3% ▼ 28% below avg |
| College Grads | 69.2% ▲ 79% above avg |
| Unemployment | 6.2% ▲ 27% above avg |
| HS Graduate | 72 (14%) |
| Some College | 56 (10.9%) |
| Associates | 30 (5.8%) |
| Bachelors | 75 (14.6%) |
| Graduate Degree | 280 (54.6%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $113,750 ▲ 49% above avg |
|---|---|
| Median Home Value | $602,900 ▲ 116% above avg |
| Home/Income Ratio | 5.3x (nat avg ~3.5x) |
| Total Housing Units | 826 |
| Vacant Units | 504 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Monterey is a city in Massachusetts, located in Berkshire County. The city spans 1 ZIP code and is home to approximately 828 residents. It is an older city, with a median age of 63.6 years.
Economically, Monterey is a upper-middle-income community. The median household income of $113,750 is above the national average. Approximately 7.3% of residents live below the poverty line. The unemployment rate is 6.2%, above the national average.
The real estate market in Monterey is a premium housing market. Median home values stand at $602,900, which is more than double the national average. Homeownership is high at 95.3%, typical of suburban and family-oriented communities.
The population of Monterey is highly educated. 69.2% of adults hold a bachelor's degree or higher — significantly above the national average. The community is primarily White (88.77%).
Monterey, MA offers residents above-average earning potential within Massachusetts.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 01245 | 828 | $113,750 | $602,900 | — | 6.2% | 69.2% | 95.3% |