Monterey vs Memphis
| Monterey | Memphis | |
|---|---|---|
| Population | 2,751 | 630,027 |
| Median Household Income | $45,922 | $51,736 |
| Median Home Value | $165,000 | $169,000 |
| Median Gross Rent | $715/mo | $1,181/mo |
| Homeownership Rate | 58.6% | 44.9% |
| Unemployment Rate | 2.2% | 8.3% |
| Bachelor's Degree or Higher | 9.6% | 28.0% |
| Median Age | 27.0 | 34.2 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.