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Monterey, Indiana

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
143
Population
$39,149
Median Income
$82,500
Home Value
53.3
Median Age

Demographics

Monterey has a population of 143 with a median age of 53.3. Here is the racial and ethnic breakdown of the population:

White
90.9%
Hispanic
13.3%
Demographic Value
Total Population143
Median Age53.3
White90.9%
Hispanic or Latino13.3%
Monterey, Indiana — racial composition (Census ACS 2024)Donut chart of 2 segments totaling 104.White: 87.2%Hispanic/Latino: 12.8%143PopulationWhiteWhite87.2%Hispanic/LatinoHispanic/Latino12.8%

Income & Economy

The median household income in Monterey is $39,149, which is 51.4% below the national median of $80,610. The per capita income is $33,169. The poverty rate is 13.3%.

$39,149
Median Household Income
$33,169
Per Capita Income
13.3%
Poverty Rate

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Education

In Monterey, 96.1% of residents age 25+ have a high school diploma or higher, and 7.9% hold a bachelor's degree or higher.

HS Diploma+
96.1%
Bachelor's+
7.9%
Education Level % of Adults (25+)
High School Diploma or Higher96.1%
Bachelor's Degree or Higher7.9%

Housing

The median home value in Monterey is $82,500, below the national median of $303,400. The median monthly rent is $628. The homeownership rate is 40.2%.

$82,500
Median Home Value
$628/mo
Median Rent
40.2%
Homeownership Rate
Housing Metric Value
Median Home Value$82,500
Median Monthly Rent$628
Homeownership Rate40.2%
Vacancy Rate9.8%

Salaries in Indiana

Explore salary data for popular occupations in Indiana:

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Other Cities in Indiana

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Frequently Asked Questions

What is the population of Monterey, Indiana?
The population of Monterey, Indiana is 143 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Monterey, Indiana?
The median household income in Monterey, Indiana is $39,149. This is 51.4% below the national median of $80,610.
What is the median home value in Monterey, Indiana?
The median home value in Monterey, Indiana is $82,500. The median monthly rent is $628.
What percentage of people in Monterey have a college degree?
In Monterey, Indiana, 7.9% of adults age 25 and older hold a bachelor's degree or higher, and 96.1% have a high school diploma or higher.
Is Monterey, Indiana an affordable place to live?
The home price-to-income ratio in Monterey, Indiana is 2.1x (median home value $82,500 vs. median income $39,149), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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