Median Household Income
$45,922 ± $5,186
Median Home Value
$165,000 ± $19,313
Median Gross Rent
$715 ± $123/mo
Per Capita Income
$23,188
Poverty Rate
29.9%
Unemployment Rate
2.2%
Homeownership Rate
58.6%
Bachelor's Degree or Higher
9.6%
Median Age
27.0
Average Commute
20 min
Households
931
Veterans
103
Population Over Time
Monterey shrank 2.9% from 2014 to 2024.
2014
2,851
2016
2,880
2018
2,845
2020
2,865
2022
2,751
2024
2,768
Population by Race & Ethnicity
White
85.8%
Hispanic or Latino
15.6%
Black or African American
0.6%
Asian
0.0%
Nearby Cities in Tennessee
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024. Estimates carry a margin of error (shown as ±) inherent to ACS's sample-based methodology.