Tennessee · Census place 49760
Monterey town, TN
Quick answer
Monterey town has 2,751 residents, ranking #172 of 504 places in Tennessee. Median household income is $42,402, the median home is worth $130,600 and median gross rent runs $688 a month.
- Population
- 2,751Monterey town residents
- Median household income
- $42,402Past 12 months, inflation adjusted
- Median home value
- $130,600Owner-occupied units
- Median gross rent
- $688Rent plus utilities, monthly
- Median age
- 27.1 yrsAll residents
- Homeownership rate
- 60.1%Owner-occupied households
What the numbers mean in Monterey town
Housing cost measured against local earnings.
A household earning the Monterey town median would spend about 19.5% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 3.1× the median household income; nationally that ratio sits near 4.5×. Poverty affects 26.7% of residents and 60.1% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Tennessee.
- Jacksboro town 2,780
- New Tazewell town 2,779
- Sale Creek CDP 2,775
- Woodbury town 2,747
- Westmoreland town 2,735
- Pikeville city 2,653
- Clifton city 2,632
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