Population 101 · Census ACS 2020–24
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Population and households in Monterey
Household size in Monterey
| Period | Monterey | Milwaukee area | Wisconsin | U.S. |
|---|---|---|---|---|
| 2006–10 | 2.85 | 2.51 | 2.45 | 2.68 |
| 2010–14 | 2.51 | 2.53 | 2.47 | 2.73 |
| 2015–19 | 2.68 | 2.51 | 2.43 | 2.71 |
| 2020–24 | 2.23 | 2.45 | 2.40 | 2.65 |
| Change | −0.62 | −0.06 | −0.06 | −0.03 |
Households in Monterey are small: just 2.23 people on average, compared with 2.65 nationally. That is typical of places where many people live alone or as couples, and fewer have children at home. Household size has dropped from 2.85 in 2006–10, but in a place this small, survey estimates can swing a lot from one release to the next.
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 | Milwaukee area | Wisconsin | U.S. |
|---|---|---|---|---|
| 2006–10 | 40.6 | 37.8 | 38.8 | 37.7 |
| 2010–14 | 41.9 | 38.7 | 39.9 | 38.6 |
| 2015–19 | 43.1 | 39.6 | 40.9 | 39.6 |
| 2020–24 | 49.8 | 39.8 | 41.4 | 40.1 |
| Change | +9.2 | +1.9 | +2.6 | +2.3 |
With a median age of 49.8, Monterey is noticeably older than the country as a whole (40.1), an age mix that tilts toward empty nesters and retirees.
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 | Milwaukee area | Wisconsin | U.S. |
|---|---|---|---|---|
| 2006–10 | 5.9% | 13.0% | 10.4% | 12.3% |
| 2010–14 | 4.6% | 12.8% | 10.5% | 12.3% |
| 2015–19 | 2.9% | 12.2% | 10.0% | 11.6% |
| 2020–24 | 6.3% | 12.2% | 9.8% | 11.6% |
| Change | +0.3 pts | −0.8 pts | −0.6 pts | −0.6 pts |
Single parents head only 6.3% of households in Monterey, well below the national share of 11.6%.
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 | Milwaukee area | Wisconsin | U.S. |
|---|---|---|---|---|
| 2006–10 | 9.6% | 37.2% | 30.5% | 33.3% |
| 2010–14 | 7.7% | 39.1% | 32.3% | 35.6% |
| 2015–19 | 6.3% | 39.9% | 33.0% | 36.0% |
| 2020–24 | 17.5% | 39.6% | 32.2% | 34.8% |
| Change | +7.9 pts | +2.4 pts | +1.6 pts | +1.5 pts |
Monterey is largely a place of homeowners: only 17.5% of households rent, far below the national share of 34.8%. Owner-heavy areas like this tend to see less turnover. Among homeowners, 50.8% have no mortgage at all, well above the national share of 39.8%.
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 | Milwaukee area | Wisconsin | U.S. |
|---|---|---|---|---|
| 2006–10 | 9.8% | 8.4% | 10.5% | 11.4% |
| 2010–14 | 2.9% | 8.1% | 10.6% | 11.4% |
| 2015–19 | 6.4% | 7.8% | 10.1% | 11.1% |
| 2020–24 | 0.4% | 7.2% | 9.2% | 9.6% |
| Change | −9.4 pts | −1.2 pts | −1.3 pts | −1.8 pts |
Empty homes are scarce in Monterey: just 0.4% sit vacant, compared with 9.6% nationally, a sign of a tight housing market.
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 | Milwaukee area | Wisconsin | U.S. |
|---|---|---|---|---|
| 2006–10 | 1976 | 1964 | 1970 | 1974 |
| 2010–14 | 1980 | 1965 | 1971 | 1975 |
| 2015–19 | 1979 | 1966 | 1972 | 1977 |
| 2020–24 | 1988 | 1968 | 1974 | 1980 |
| Change | +12 | +4 | +5 | +6 |
Much of the housing in Monterey is relatively new: half of its homes were built after 1988, compared with 1980 for the U.S. as a whole.
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 | Milwaukee area | Wisconsin | U.S. |
|---|---|---|---|---|
| 2006–10 | $1,157 | $849 | $758 | $965 |
| 2010–14 | $538 | $928 | $821 | $1,040 |
| 2015–19 | $1,647 | $1,022 | $904 | $1,213 |
| 2020–24 | $1,926 | $1,290 | $1,139 | $1,571 |
| Change | +$769 | +$441 | +$380 | +$606 |
The median renter in Monterey pays $1,926 a month for rent and utilities, well above the national median of $1,571. Rent takes 24.5% of the typical renter's income, comfortably under the 30% mark often used to define affordable rent.
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 | Milwaukee area | Wisconsin | U.S. |
|---|---|---|---|---|
| 2006–10 | 33.4% | 31.0% | 26.5% | 28.4% |
| 2010–14 | 29.5% | 32.9% | 28.0% | 29.6% |
| 2015–19 | 38.2% | 35.4% | 30.4% | 32.1% |
| 2020–24 | 42.5% | 39.2% | 33.6% | 35.6% |
| Change | +9.2 pts | +8.1 pts | +7.0 pts | +7.2 pts |
Just over four in ten adults 25 and older in Monterey (42.5%) have a bachelor's degree or higher, above the national share of 35.6%.
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 | Milwaukee area | Wisconsin | U.S. |
|---|---|---|---|---|
| 2006–10 | 90.4% | 88.5% | 89.5% | 84.9% |
| 2010–14 | 96.0% | 89.5% | 90.7% | 86.1% |
| 2015–19 | 96.9% | 91.0% | 92.1% | 87.7% |
| 2020–24 | 96.5% | 92.2% | 93.3% | 89.3% |
| Change | +6.1 pts | +3.7 pts | +3.8 pts | +4.3 pts |
High school completion is high in Monterey: 96.5% of adults 25 and older have a diploma or equivalent, well above the national rate of 89.3%.
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 | Milwaukee area | Wisconsin | U.S. |
|---|---|---|---|---|
| 2006–10 | 4.2% | 7.7% | 6.7% | 8.1% |
| 2010–14 | 2.0% | 8.7% | 7.3% | 9.4% |
| 2015–19 | 1.8% | 4.5% | 3.7% | 5.6% |
| 2020–24 | 2.0% | 4.0% | 3.3% | 5.4% |
| Change | −2.3 pts | −3.7 pts | −3.4 pts | −2.7 pts |
Unemployment in Monterey has been low: just 2.0% of the labor force was out of work and looking, well below the national rate of 5.4%. 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 | 2.23 | 49.8 | 6.3% | 17.5% | 0.4% | 1988 | $1,926 | 42.5% | 96.5% | 2.0% |
| Old Ashippun | 2.56 | 45.3 | 4.7% | 16.2% | 2.7% | 1989 | $1,635 | 35.2% | 95.6% | 1.6% |
| Lac La Belle | 2.38 | 49.9 | 2.7% | 17.5% | 10.0% | 1977 | $1,513 | 48.1% | 97.5% | 1.5% |
| Mapleton | 2.39 | 48.7 | 3.3% | 19.2% | 0.7% | 1986 | $1,598 | 36.8% | 93.7% | 1.8% |
| Ashippun | 2.68 | 44.2 | 4.0% | 16.0% | 4.0% | 1985 | $1,258 | 26.6% | 94.8% | 3.1% |
| Oconomowoc | 2.49 | 45.2 | 5.4% | 22.7% | 6.3% | 1985 | $1,374 | 48.4% | 97.7% | 1.7% |
| Ixonia | 2.66 | 43.8 | 7.7% | 16.0% | 1.5% | 1982 | $1,050 | 34.1% | 99.1% | 2.2% |
| Oconomowoc Lake | 2.78 | 46.8 | 3.2% | 10.8% | 20.0% | 1973 | $1,726 | 56.4% | 98.1% | 0.1% |
| Okauchee | 2.16 | 57.9 | 0.9% | 17.2% | 18.2% | 1975 | $1,462 | 59.8% | 98.8% | 4.7% |
| Okauchee Lake | 2.10 | 57.0 | 3.6% | 27.1% | 14.7% | 1977 | $1,383 | 59.3% | 98.6% | 4.4% |
| Summit Corners | 2.84 | 42.8 | 4.4% | 7.1% | 6.8% | 2002 | $1,206 | 54.4% | 99.4% | 3.0% |
All figures 2020–24.
Cities with similar populations: Sawyer City, PA · Mineral Springs, FL · Mink Creek, ID · Modena, UT · Monrovia, KS · Morrow, AR · Mount Airy, VA · Mount Clare, NE · New, KY · Rugby, IL
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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