Monterey, Australia

Full City Profile

2.1 /5.0

C Fair

4,451 Population 2/sq mi density

16 ft Elevation 5 meters

63°F Avg Temperature 17°C

Overall

2.1 / 5.0

Fair overall score based on economy, affordability, safety and education

C+

Economy

2.8 / 5.0

$28,629 median income, 4.7% unemployment

Affordability

1.3 / 5.0

$270,400 home value, $1,352/mo rent

Monterey, Australia

At a Glance

Median Income

$28,629

62% below

$28,629 per capita

Home Value

$270,400

4% below

Median Rent

$1,352/mo

16% above

Unemployment

4.7%

31% above

Avg Temperature

63°F

334 sunny days/yr

Is Monterey a Good Place to Live?

2.1 / 5.0 — Fair

Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Monterey residents earn a median household income of $28,629 , which is 62% below the national average of $75,149. Per capita income is $28,629. The unemployment rate stands at 4.7% (31% above the U.S. rate of 3.6%). The area is home to 423 business establishments.

Housing & Cost of Living

The median home value in Monterey is $270,400 , 4% below the national median of $281,900. Median rent is $1,352/month.

Climate & Weather

Monterey has an average annual temperature of 63°F (17°C). Winters average 70°F in January while summers reach 54°F in July. The area gets 334 sunny days per year. Annual precipitation totals 31.3 inches.

Data Overview

People

Population4,451

Median Age44.0 yrs

Density2/mi²

Foreign Born38.5%

Economy

C+

Median Income$28,629

Per Capita$28,629

Unemployment4.7%

Poverty

Avg Weekly Wage$551

Housing

Home Value$270,400

Rent$1,352

Ownership68.8%

Housing Units1,780

Climate

Avg Temp63°F

Sunny Days334/yr

Rain31.3 in/yr

Elevation16 ft

Did You Know?

38.5% of residents are foreign-born.