Monterey

Population: 2,751
Median household income: $42,402
Median home value: $130,600

Monterey is a community in Putnam County, Tennessee, home to 2,751 residents. At $42,402, its median household income sits below Putnam County's $56,537.

From 2019 to 2023, Monterey's population declined 3.1% from 2,840 to 2,751, while its median home value rose 31.9% from $99,000 to $130,600.

66.6% of homes are single-family detached houses. The typical home was built around 1976.

Demographics

ACS 2019–2023

Population: 2,751
Median age: 27.1 yrs
Median household income: $42,402
Median home value: $130,600
Median gross rent: $688
Housing units: 1,030
Homeownership rate: 60.1%
Bachelor's degree or higher: 8.2%
Unemployment rate: 2.0%

Trends

ACS 5-year · 2019–2023

Population

2,8402,751

Median household income

$30,497$42,402

Median home value

$99,000$130,600

Median gross rent

$553$688

Year	Population	Median household income	Median home value	Median gross rent
2019	2,840	$30,497	$99,000	$553
2020	2,865	$31,826	$122,600	$582
2021	2,746	$33,985	$113,600	$600
2022	2,751	$38,869	$131,400	$674
2023	2,751	$42,402	$130,600	$688

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 513.2%

5 to 1723.9%

18 to 248.5%

25 to 3410.7%

35 to 448.5%

45 to 5411.1%

55 to 648.8%

65 to 749.1%

75 and over6.4%

	Count	Share
Under 5	362	13.2%
5 to 17	658	23.9%
18 to 24	233	8.5%
25 to 34	293	10.7%
35 to 44	234	8.5%
45 to 54	304	11.1%
55 to 64	242	8.8%
65 to 74	250	9.1%
75 and over	175	6.4%

Race & ethnicity

	Count	Share
White (non-Hispanic)	2,008	73.0%
Black or African American	0	0.0%
American Indian & Alaska Native	0	0.0%
Asian	0	0.0%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	0	0.0%
Two or more races	27	1.0%
Hispanic or Latino (any race)	716	26.0%

Educational attainment (age 25+)

No high school diploma29.0%

High school graduate41.1%

Some college or associate's21.7%

Bachelor's degree4.5%

Graduate or professional degree3.7%

	Count	Share
No high school diploma	435	29.0%
High school graduate	615	41.1%
Some college or associate's	325	21.7%
Bachelor's degree	68	4.5%
Graduate or professional degree	55	3.7%

Commute to work

Mean travel time to work: 22 min

Drove alone82.5%

Carpooled13.5%

Public transit0.0%

Walked0.4%

Bicycle0.0%

Worked from home3.6%

Other means0.0%

How workers get to work

	Count	Share
Drove alone	923	82.5%
Carpooled	151	13.5%
Public transit	0	0.0%
Walked	5	0.4%
Bicycle	0	0.0%
Worked from home	40	3.6%
Other means	0	0.0%

Travel time

	Count	Share
Under 15 min	278	25.8%
15 to 29 min	460	42.6%
30 to 44 min	285	26.4%
45 to 59 min	17	1.6%
60+ min	39	3.6%

Households

Average household size: 3.13
Poverty rate: 26.7% (712 of 2,669)

	Count	Share
Family households	645	75.5%
Nonfamily households	209	24.5%

Housing

Median year structure built: 1976

Occupancy

	Count	Share
Occupied	854	82.9%
Vacant	176	17.1%

Tenure (of occupied units)

	Count	Share
Owner-occupied	513	60.1%
Renter-occupied	341	39.9%

1-unit, detached66.6%

1-unit, attached0.5%

2 to 4 units12.2%

5 to 19 units5.2%

20 or more units0.7%

Mobile home & other14.8%

Units in structure

	Count	Share
1-unit, detached	686	66.6%
1-unit, attached	5	0.5%
2 to 4 units	126	12.2%
5 to 19 units	54	5.2%
20 or more units	7	0.7%
Mobile home & other	152	14.8%

Geography

Place GEOID: 4749760
Type (LSAD): 43
Land area: 3.03 sq mi
Water area: 0 sq mi
Center point: 36.1446, -85.2643