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Virginia · Census place 52680

Monterey town, VA

Quick answer

Monterey town has 200 residents, ranking #581 of 688 places in Virginia. Median household income is $58,656, the median home is worth $143,800 and median gross rent runs $1,006 a month.

Population
200Monterey town residents
Median household income
$58,656Past 12 months, inflation adjusted
Median home value
$143,800Owner-occupied units
Median gross rent
$1,006Rent plus utilities, monthly
Median age
67.8 yrsAll residents
Homeownership rate
69.1%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 20.6% 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 2.5× the median household income; nationally that ratio sits near 4.5×. Poverty affects 6% of residents and 69.1% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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