Monterey, TN population, income and ZIP codes

Monterey town is a small town in Tennessee, with 2,751 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #172 of 504 ranked by population — larger than 66% of them. The median age here is 27.1 years against 39.1 nationally, a distinctly younger profile, typical of places with students, military posts or a fast-growing family population. At this population the ACS sample is small, so the margin of error around every dollar figure below is wide — treat the numbers as a band, not a point, and expect them to move between annual releases without the place itself changing.

Households in Monterey town earn a median of $42,402 a year, 46% below the national figure of $78,538 and 24% below the $55,988 median for the 307 Tennessee cities we cover. Household income here is measured before tax and pooled across everyone at the address, which is why it reads higher than typical individual earnings in the same area. Poverty reaches 26.7% of residents here, well above the 12.4% national rate, which is the single clearest signal in this dataset that median income here is carried by a narrow band of households.

The typical owner-occupied home in Monterey town is valued at $130,600, 57% below the national figure and 32% below the $191,100 peer median, while median gross rent runs $688 a month, 51.1% below the national figure, or roughly $8,256 across a full year. A household on the local median income would put about 19.5% of gross pay toward that rent against the federal 30% cost-burden threshold, so renting here is cheap relative to what people here earn. The home-price-to-income ratio works out to 3.1×, against roughly 3.9× nationally, so buying is easier here than in the average US market. 60.1% of occupied homes are owner-occupied versus 65% nationally, so the market leans more heavily on renters. The rent line includes utilities paid by the tenant, a definition worth remembering when comparing it against a landlord's quoted rate.

A median age of 27.1 means a large student or early-career population; income medians in places like this understate household resources, since many residents are supported from outside the address.

Every value on this page is published directly by the Census for this area — nothing is modelled or interpolated. Small-area estimates still carry wider margins of error than state or national figures, so check the linked ACS tables before relying on them for lending, appraisal or legal work.