Last updated: 2024 BLS data · Page refreshed:
Monterey has a population of 197 with a median age of 67.1. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 197 |
| Median Age | 67.1 |
| White | 95.9% |
| Asian | 3.0% |
| Other / Two or More Races | 1.1% |
The median household income in Monterey is $60,849, which is 24.5% below the national median of $80,610. The per capita income is $47,123. The poverty rate is 10.2%.
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In Monterey, 96.4% of residents age 25+ have a high school diploma or higher, and 73.7% hold a bachelor's degree or higher (16.8% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 96.4% |
| Bachelor's Degree or Higher | 73.7% |
| Graduate or Professional Degree | 16.8% |
The median home value in Monterey is $169,700, below the national median of $303,400. The median monthly rent is $850. The homeownership rate is 64.6%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $169,700 |
| Median Monthly Rent | $850 |
| Homeownership Rate | 64.6% |
| Vacancy Rate | 8.9% |
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