Population 7,463 · Census ACS 2020–24
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Population and households in Monterey
Household size in Monterey
| Period | Monterey | Tennessee | U.S. |
|---|---|---|---|
| 2006–10 | 2.62 | 2.53 | 2.68 |
| 2010–14 | 2.47 | 2.57 | 2.73 |
| 2015–19 | 2.64 | 2.57 | 2.71 |
| 2020–24 | 2.46 | 2.53 | 2.65 |
| Change | −0.17 | +0.00 | −0.03 |
Households in Monterey run small, averaging 2.46 people against 2.65 nationally, which usually means more singles and couples and fewer children. Household size has dropped from 2.62 in 2006–10, a much bigger shift than nationally. Households are largest in the center and smallest in the north.
Household size: the average number of people living in each occupied home. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25010).
Median age in Monterey
| Period | Monterey | Tennessee | U.S. |
|---|---|---|---|
| 2006–10 | 39.4 | 38.3 | 37.7 |
| 2010–14 | 44.9 | 39.2 | 38.6 |
| 2015–19 | 42.8 | 39.9 | 39.6 |
| 2020–24 | 43.4 | 39.9 | 40.1 |
| Change | +4.0 | +1.6 | +2.3 |
The median resident of Monterey is 43.4 years old, older than the national median of 40.1. Since 2006–10, the median age has climbed from 39.4, mirroring the country. Residents skew youngest in the center and oldest in the south.
Median age: the age that splits residents into two equal halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B01002).
Single-parent households in Monterey
| Period | Monterey | Tennessee | U.S. |
|---|---|---|---|
| 2006–10 | 12.0% | 12.2% | 12.3% |
| 2010–14 | 9.9% | 12.0% | 12.3% |
| 2015–19 | 10.8% | 11.6% | 11.6% |
| 2020–24 | 14.4% | 11.8% | 11.6% |
| Change | +2.4 pts | −0.4 pts | −0.6 pts |
Single parents head about one in seven households in Monterey (14.4%), above the national share of 11.6%. Since 2006–10, the single-parent share has risen 2.4 points, even as the national share fell. Monterey has a higher share of single-parent households than the great majority of Tennessee cities.
Single-parent households: households where one adult with no spouse present lives with children under 18. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B11003).
Housing in Monterey
Renters in Monterey
| Period | Monterey | Tennessee | U.S. |
|---|---|---|---|
| 2006–10 | 34.0% | 30.4% | 33.3% |
| 2010–14 | 30.0% | 32.9% | 35.6% |
| 2015–19 | 27.7% | 33.7% | 36.0% |
| 2020–24 | 25.0% | 33.1% | 34.8% |
| Change | −8.9 pts | +2.6 pts | +1.5 pts |
Most households in Monterey own their homes; 25.0% rent, below the national share of 34.8%. More than half of owners (53.5%) have paid off their mortgages, well above the national share of 39.8%. Renting is most common in the north and least common in the south. The renter share has fallen 8.9 points since 2006–10, even as the national share rose.
Renters: occupied homes that are rented rather than owned. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25003).
Vacant homes in Monterey
| Period | Monterey | Tennessee | U.S. |
|---|---|---|---|
| 2006–10 | 13.4% | 11.5% | 11.4% |
| 2010–14 | 14.3% | 11.8% | 11.4% |
| 2015–19 | 14.8% | 11.8% | 11.1% |
| 2020–24 | 12.6% | 10.1% | 9.6% |
| Change | −0.8 pts | −1.4 pts | −1.8 pts |
Vacancy runs high in Monterey: 12.6% of homes are empty, against 9.6% nationally. The count includes vacation homes and homes between owners or tenants, not just abandoned ones. Vacancy is down 0.8 points from 2006–10, in line with the national trend.
Vacant homes: homes with no one living in them, including vacation homes and homes for sale or rent. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25002).
Age of homes in Monterey
| Period | Monterey | Tennessee | U.S. |
|---|---|---|---|
| 2006–10 | 1981 | 1981 | 1974 |
| 2010–14 | 1983 | 1982 | 1975 |
| 2015–19 | 1988 | 1983 | 1977 |
| 2020–24 | 1990 | 1986 | 1980 |
| Change | +9 | +6 | +6 |
Much of the housing in Monterey is relatively new: half of its homes were built after 1990, compared with 1980 for the U.S. as a whole. The median year built has moved up from 1981 in 2006–10, a sign of steady new building. The newest homes are mostly in the south, the oldest in the center.
Age of homes: the year that splits the housing stock into older and newer halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25035).
Rent in Monterey
| Period | Monterey | Tennessee | U.S. |
|---|---|---|---|
| 2006–10 | $566 | $761 | $965 |
| 2010–14 | $592 | $837 | $1,040 |
| 2015–19 | $621 | $961 | $1,213 |
| 2020–24 | $800 | $1,286 | $1,571 |
| Change | +$234 | +$526 | +$606 |
A typical rental in Monterey costs $800 a month with utilities, well below the national median of $1,571. Rent has climbed $234 a month since 2006–10, up 41%, a slower climb than the nation's. Rent takes 30.0% of the typical renter's income, just under the 30% mark often used to define affordable rent. Renters on a budget will find the lowest rents in the north; the highest are in the southeast.
Rent: monthly rent plus the utilities renters pay themselves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25064).
Education in Monterey
Bachelor's degrees in Monterey
| Period | Monterey | Tennessee | U.S. |
|---|---|---|---|
| 2006–10 | 10.4% | 23.9% | 28.4% |
| 2010–14 | 8.6% | 25.3% | 29.6% |
| 2015–19 | 11.8% | 27.9% | 32.1% |
| 2020–24 | 17.3% | 31.4% | 35.6% |
| Change | +6.9 pts | +7.5 pts | +7.2 pts |
Fewer adults in Monterey have a four-year degree than in the country as a whole: 17.3%, against 35.6% nationally. The share with a degree is up 6.9 points from 2006–10, mirroring the country. College graduates are most concentrated in the south and least in the north.
Bachelor's degrees: adults 25 and older with a bachelor's degree or higher. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
High school graduates in Monterey
| Period | Monterey | Tennessee | U.S. |
|---|---|---|---|
| 2006–10 | 66.5% | 83.3% | 84.9% |
| 2010–14 | 74.3% | 85.4% | 86.1% |
| 2015–19 | 78.6% | 87.6% | 87.7% |
| 2020–24 | 83.2% | 89.9% | 89.3% |
| Change | +16.8 pts | +6.6 pts | +4.3 pts |
About one in six adults in Monterey never finished high school, well above the national share: only 83.2% have a diploma or equivalent, against 89.3% nationally. The share with a diploma is up 16.8 points from 2006–10, a much bigger shift than nationally. Only 17 of the 202 Tennessee cities with 5,000+ people have a lower share of high school graduates.
High school graduates: adults 25 and older with a high school diploma, GED or more. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
Jobs in Monterey
| Period | Monterey | Tennessee | U.S. |
|---|---|---|---|
| 2006–10 | 7.3% | 8.6% | 8.1% |
| 2010–14 | 11.4% | 9.6% | 9.4% |
| 2015–19 | 2.9% | 5.4% | 5.6% |
| 2020–24 | 5.9% | 4.8% | 5.4% |
| Change | −1.4 pts | −3.8 pts | −2.7 pts |
At 5.9%, unemployment in Monterey is close to the national rate of 5.4%. The rate is higher than in Tennessee as a whole (4.8%). Because the Census pools five years of responses (2020–24), these rates smooth over short swings and lag the current job market.
Unemployment: people looking for work as a share of everyone working or looking. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B23025).
Monterey compared with nearby cities
| City | Household size | Median age | Single parents | Renters | Vacant homes | Median year built | Median rent | Bachelor's degree | High school diploma | Unemployment |
|---|---|---|---|---|---|---|---|---|---|---|
| Monterey | 2.46 | 43.4 | 14.4% | 25.0% | 12.6% | 1990 | $800 | 17.3% | 83.2% | 5.9% |
| Sand Springs | 2.44 | 50.4 | 8.5% | 13.5% | 8.2% | 1995 | $924 | 34.0% | 94.0% | 4.4% |
| Crawford | 2.41 | 44.2 | 1.4% | 15.6% | 15.4% | 1994 | $850 | 12.7% | 66.2% | 1.4% |
| Muddy Pond | 2.28 | 47.9 | 7.3% | 8.0% | 13.7% | 1989 | $923 | 7.2% | 56.9% | 5.8% |
| Board Valley | 2.58 | 43.1 | 10.9% | 13.4% | 12.0% | 1987 | $735 | 23.8% | 86.5% | 7.7% |
| Rickman | 2.67 | 42.9 | 11.3% | 17.0% | 12.3% | 1992 | $950 | 20.5% | 86.4% | 5.9% |
| Clarkrange | 2.33 | 43.3 | 20.8% | 6.8% | 14.8% | 1988 | $1,203 | 21.7% | 86.4% | 10.7% |
| Algood | 2.44 | 48.1 | 9.2% | 37.8% | 4.6% | 1994 | $853 | 22.7% | 80.4% | 1.9% |
| Wilder | 2.69 | 43.1 | 10.6% | 14.6% | 18.4% | 1994 | $985 | 8.9% | 84.5% | 9.2% |
| Yankeetown | 3.02 | 30.4 | 12.9% | 20.8% | 15.1% | 1982 | $378 | 5.2% | 79.4% | 4.6% |
| Cookeville | 2.35 | 37.4 | 9.5% | 41.6% | 9.7% | 1991 | $963 | 32.0% | 89.5% | 4.1% |
All figures 2020–24.
Cities with similar populations: Wrightstown, NJ · York, ME · Kershaw, SC · Kewaskum, WI · Yoakum, TX · Kimberly, ID · Kimberly, WI · Yerington, NV · Kings Grant, NC · Kingsland, TX
About these numbers
Every figure on this page is a BestNeighborhood calculation from the Census Bureau's American Community Survey (ACS), built up from the Census block groups that make up Monterey. Each ACS 5-year release pools five years of responses; this page shows the last 15 releases, 2006–10 through 2020–24. Neighboring releases share four of their five years, so they move gradually and small changes between them are within the survey's margin of error; in small places the lines can jump from one release to the next for the same reason. The maps show the same measures for each neighborhood, ranked against the whole country.
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