Monterey, IN

Indiana

Monterey is a small town in Indiana with a population of 270. Residents earn $36,866 per year, which is 51% below the national average.

3.5 /5.0
B+ Good
270 Population 1,500/sq mi density
$36,866 Median Income $28,850 per capita
$89,300 Home Value $157,834 Zillow
$579 Median Rent 17.8% income on rent
50°F Avg Temperature
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.7 / 5.0
$36,866 median income, 0.0% unemployment
A+
Affordability
5.0 / 5.0
$89,300 home value, $579/mo rent
D
Education
1.7 / 5.0
8.2% bachelor's degree or higher
Median Income $36,866
51% lower than US avg
Home Value $89,300
68% lower than US avg
Bachelor's+ 8.2%
76% lower than US avg
Median Rent $579
50% lower than US avg
Obesity Rate 37.1%
16% higher than US avg
Unemployment 0.0%
100% lower than US avg
Poverty Rate 5.8%
53% lower than US avg

How Monterey Compares to the U.S. Average (100% = U.S. avg)

People

Population270
Median Age46.5 yrs
Density1,500/mi²
Male / Female66% / 34%
Largest GroupWhite 90%
Veterans4.8%

Economy

B+
Median Income$36,866
Per Capita$28,850
Unemployment0.0%
Poverty5.8%
County GDP$690M
Commute23 min

Housing

A+
Home Value$89,300
Rent$579
OwnershipN/A
Zillow$157,834
Rent Burden17.8%

Crime

ViolentN/A
PropertyN/A

Health

Obesity37.1%
UninsuredN/A
Depression26.7%
Heart Disease5.5%

Climate

Avg Temp50°F
AQI41 (Good)
Rain40.3 in/yr
Elevation725 ft

Education

D
Bachelor's+8.2%
High School+96.4%
School Score6.01

Community

2024 VoteR 75% / D 23%
Commute23 min
Broadband97.1%
Libraries5

Is Monterey a Good Place to Live?

Based on current data, Monterey receives an overall livability score of 3.5 out of 5.0, earning a grade of B+. Key strengths include low unemployment, affordable housing, a low poverty rate, strong internet connectivity. Areas to be aware of include below-average incomes. Monterey offers a solid quality of life with a good balance of affordability, safety, and opportunity.

Economy & Jobs

The median household income in Monterey is $36,866, 51% below the national average of $75,149. The job market is very strong with unemployment at just 0.0%. Only 5.8% of residents live below the poverty line, well below the national rate of 12.4%. Workers commute an average of 23 minutes.

Cost of Living & Housing

The median home value in Monterey is $89,300, 68% below the national median — offering relatively affordable homeownership. Renters pay a median of $579 per month, below the national average — a plus for affordability. At just 2.4x median income, home prices are very affordable relative to local earnings.

Education

8.2% of residents hold a bachelor's degree, below the national average of 33.7%. 96.4% have completed high school. Area schools have an average test score of 6/10.

Climate & Weather

Monterey experiences four distinct seasons with an average temperature of 50°F. Winters average 24°F in January while summers reach 73°F in July. Annual precipitation totals 40.3 inches, including 54.9 inches of snow. Air quality is rated Good with a median AQI of 41.

Monterey has a population of 270 with a density of 1,500 people per square mile. The median age is 46.5 years, 20% older than the national median of 38.9. The city is predominantly White (90%), with 3% Hispanic.

Population

270
Total Population
1,500
People / sq mi
46.5yrs
Median Age
20% above US avg
0.2mi²
Land Area

Gender Distribution

Male 65.6%
Female 34.4%

Race & Ethnicity

Monterey vs U.S. Average

Language Spoken at Home

English Only95.3%
21% above US avg
Spanish4.7%
65% below US avg

Social Characteristics

Monterey vs U.S. Average

The median household income in Monterey is $36,866, which is 51% below the national average of $75,149. The unemployment rate is 0.0% (below the 3.6% US average). 5.8% of residents live below the poverty line. Workers commute an average of 23 minutes.

Income: Monterey vs U.S.

Commute Mode

Income

Median HH Income$36,866
51% below US avg
Per Capita Income$28,850
Avg Weekly Wage$849
IRS Avg AGI$58,879

Employment & Poverty

Unemployment0.0%
100% below US avg
Poverty Rate5.8%
53% below US avg
Establishments (County)337
County GDP$690M

Business (County)

Restaurants29
Healthcare23
Retail65
Manufacturing18

Tax & Cost of Living

Property Tax (IRS)$2,765
21% below US avg
Effective Tax Rate3.10%

Commute & Transportation

Commute Time23.0 min
Drive Alone51.8%
Public Transit0.0%
Work from Home6.0%

Walkability

The median home value in Monterey is $89,300, 68% below the national average. Monthly rent averages $579 (50% below US avg). Zillow estimates the typical home value at $157,834.

Home Value Sources

Ownership Split

Home Values

Census Median$89,300
68% below US avg
Zillow ZHVI$157,834

Real Estate Market (Redfin)

Rental Costs

Census Median Rent$579
50% below US avg
Rent Burden17.8%

HUD Fair Market Rent

Studio$816
1 Bedroom$882
2 Bedrooms$1,096
3 Bedrooms$1,391
4 Bedrooms$1,590

Ownership & Property

Owner-Occupied43.6%

Property Tax

Avg Tax (IRS)$2,765
21% below US avg
Effective Rate3.10%
In Monterey, 37.1% of adults are obese (above the 32.1% national rate). 26.7% report depression. 25.6% are physically inactive.

Health Metrics: Monterey vs U.S. Average (%)

Chronic Conditions

Obesity37.1%
16% above US avg
Diabetes10.4%
Heart Disease5.5%
High Blood Pressure33.3%
Asthma11.2%
COPD7.4%
Stroke2.9%

Behaviors & Mental Health

Binge Drinking18.6%
Physical Inactivity25.6%
Depression26.7%
Mental Distress19.4%
Physical Distress13.5%

Healthcare Access

Insurance Rate90.4%
Checkup Rate76.7%
Premature Death12,710/100K

Food & Exercise

Food Environment7.9/10
Exercise Access67.2%
Healthcare Facilities23

Crime Rates: Monterey vs U.S. Average (per 100,000)

Violent Crime

Property Crime

Traffic Safety

Fatal Crashes (County/yr)3

Safety Score

Monterey has an average annual temperature of 50°F (10°C). Winters average 24°F in January while summers reach 73°F in July. Annual precipitation is 40.3 inches. Air quality is rated Good with a median AQI of 41.

Temperature

24°F Jan (-4°C) 73°F Jul (23°C)
Annual Average50.0°F
7% below US avg
January Average24°F (-4°C)
July Average73°F (23°C)

Precipitation & Snow

Annual Rainfall40.3 inches
6% above US avg
Snowfall54.9 inches/yr

Air Quality

AQI Median41.0
RatingGood

Geography

Elevation725 ft (221 m)
Area0.2 sq mi (0.5 km²)
Population Density1,500/sq mi
Coordinates41.1562°N, 86.4821°W
County FIPS18149
It is classified as Nonmetro — Rural, adjacent. 8.2% of residents hold a bachelor's degree or higher (76% below US avg). In the 2024 election, the county voted Republican by a 52-point margin. 97.1% of households have broadband internet.

2024 Presidential Election (County)

R 75.3%
D 23.3%

Winner: Republican by 52 points

Education

Bachelor's Degree+8.2%
76% below US avg
High School+96.4%
School Test Score6.01
D Education Grade (1.7/5.0)

Urban-Rural Classification

RUCC Code 8Nonmetro — Rural, adjacent
Population Density1,500/sq mi
Total Area0.2 sq mi

Infrastructure & Services

Broadband Access97.1%
Public Libraries5
Healthcare Facilities23
Restaurants29
Retail Stores65

Safety & Disasters

Fatal Crashes (County/yr)3

Commute & Transportation

Avg Commute23.0 min
Drive Alone51.8%
Public Transit0.0%
Work from Home6.0%

Nearby Cities

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