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Monterey town, Tennessee Demographics & Population 2026

High PovertyPoverty rate of 26.7% is well above the state average

As of 2026, Monterey town, Tennessee has a total population of 2,751, the 172nd largest city in Tennessee, with a median household income of $42,402, which is 37% lower than the state average. The poverty rate is 26.7%.

Key Takeaways

Monterey town Quick Facts

Population 2,751
Median Household Income $42,402
Median Home Value $130,600
Poverty Rate 26.7%
Unemployment Rate 2.0%
Median Age 27.1 years
Homeownership Rate 60.1%
Affordability Ratio 3.1x
Bachelor's Degree or Higher 8.2%
High School Graduation Rate 71.0%
Diversity Index 40/100
Population 2,751 172nd of 504
Median Income $42,402 bottom 20%
Poverty Rate 26.7% 114% higher national
Median Home Value $130,600 bottom 30%

How Monterey town Compares

Economy & Housing

Employment

2.0% Unemployment Rate State: 4.7% | National: 5.2%
58.4% Labor Force Participation

Housing Overview

Owner 60.1%
Renter 39.9%
Affordability Index Affordable
3.1x home value to income ratio

People & Demographics

Diversity Index

40out of 100
Moderate Diversity

Moderate diversity with one or two groups making up the majority.

State average: 46 | National average: 60

Education

Monterey town Rankings in Tennessee

#172 Population of 504
#376 Median Income of 504
#421 Education of 504
#348 Home Value of 504

Cities Similar to Monterey town

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Tazewell town2,864$41,852$163,90016.3%34.8%
Clifton city2,632$44,286$126,9004.3%43.8%
Woodbury town2,747$51,506$195,60012.4%18.2%
Decherd city2,816$34,646$118,6009.1%21.1%
Waynesboro city2,483$45,000$81,40016.1%28.5%

Population Overview

Monterey town is a small community located in Tennessee. The total population is 2,751. It ranks as the 172nd most populous out of 504 cities and towns in Tennessee.

Age Demographics

The median age in Monterey town is 27.1 years. This is 30% lower than the state median of 38.9 years. With 37.1% of the population under 18, Monterey town has a notably young demographic profile, suggesting a family-oriented community.

Economy, Income & Housing

The median household income in Monterey town is $42,402. This is 37% lower than the state median of $67,097. Compared to the national median of $78,538, household income here is 46% lower. The poverty rate stands at 26.7%. This is 94% higher than the state poverty rate of 13.8%. With more than one in five residents living below the poverty line, economic hardship is a significant challenge for the community. The unemployment rate is 2.0%. This is 58% lower than the state rate of 4.7%. The median home value is $130,600. Housing costs are 49% lower than the state median of $256,800. The home-value-to-income ratio is 3.1x. 60.1% of occupied housing units are owner-occupied. This homeownership rate is 10% lower than the state average of 67.0%.

Race & Ethnicity

The largest racial or ethnic group in Monterey town is White (non-Hispanic), making up 73.0% of the population. Hispanic or Latino residents account for 26.0%. The Hispanic or Latino population is significantly higher than the state average (26.0% vs 7.1%).

Education

8.2% of residents aged 25 and older hold a bachelor's degree or higher. This is 73% lower than the state rate of 30.4%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 71.0%.

Data Sources & Methodology

All demographic data for Monterey town, Tennessee is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Tennessee state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 504 Census-designated places in Tennessee. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Monterey town, Tennessee?

Monterey town, Tennessee has a population of 2,751 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Monterey town, TN?

The median household income in Monterey town is $42,402, which is 46% lower the national median of $78,538.

What is the poverty rate in Monterey town, TN?

The poverty rate in Monterey town is 26.7%. This means approximately 712 residents live below the federal poverty line.

What is the racial makeup of Monterey town, Tennessee?

Monterey town's population is 73.0% White, 0.0% Black, 26.0% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Monterey town, TN?

The median home value in Monterey town is $130,600. The home-value-to-income ratio is 3.1x.

How educated is Monterey town, Tennessee?

8.2% of adults (25+) in Monterey town hold a bachelor's degree or higher, and 3.7% hold a graduate or professional degree.