Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 42.1 yrs |
|---|---|
| Avg HH Size | 2.62 |
| Below Poverty | 16.5% ▲ 65% above avg |
| College Grads | 22.9% ▼ 41% below avg |
| Unemployment | 3.8% ▼ 23% below avg |
| No HS Diploma | 111 (2.3%) |
| HS Graduate | 1,956 (40.7%) |
| Some College | 910 (18.9%) |
| Associates | 731 (15.2%) |
| Bachelors | 367 (7.6%) |
| Graduate Degree | 733 (15.2%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $52,043 ▼ 32% below avg |
|---|---|
| Median Home Value | $175,900 ▼ 37% below avg |
| Home/Income Ratio | 3.4x (nat avg ~3.5x) |
| Median Rent | $800/mo |
| Total Housing Units | 3,827 |
| Vacant Units | 501 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Monterey is a city in Tennessee, located in Putnam County. The city spans 1 ZIP code and is home to approximately 8,812 residents. It is a middle-aged city, with a median age of 42.1 years.
Economically, Monterey is a working-class community. The median household income of $52,043 is below the national average. Approximately 16.5% of residents live below the poverty line. The unemployment rate is 3.8%, below the national average.
The real estate market in Monterey is an affordable housing market. Median home values stand at $175,900, which is below the national average. Renters typically pay around $800 per month. Homeownership is high at 82.1%, typical of suburban and family-oriented communities.
The population of Monterey is less-educated. 22.9% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (88.62%).
Monterey, TN offers residents a cost-conscious lifestyle within Tennessee.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 38574 | 8,812 | $52,043 | $175,900 | $800 | 3.8% | 22.9% | 82.1% |