City profile · Indiana · Census ACS 2023

Monterey, IN

Population, income, housing, safety, climate and schools for Monterey - drawn straight from Census ACS, FBI UCR, NOAA, NCES, HUD and FEMA, refreshed on the 2024–2025 release cycle.

270
Residents
$36,866
Median income
$89,300
Median home
$956
Median rent (state)

Monterey - the verdict

Out of every US city with 1,000+ residents, Monterey places in the 6th percentile for household income. Source: Census ACS.

6th
percentile, household income
6th
percentile, home value
11th
percentile, median rent
📝 How we sourced this

Population, income, and housing-cost figures come from the U.S. Census Bureau American Community Survey 5-year estimates (B-series tables). Crime data uses FBI UCR; climate uses NOAA Climate Normals; school counts come from NCES Common Core of Data; permits use the Census Building Permits Survey (BPS). See our methodology page for the full ETL pipeline and OMB / FIPS join keys.

Data Snapshot: Monterey, IN

Monterey is a small town in Indiana, home to 270 residents per U.S. Census Bureau ACS 2023 estimates. The typical household in Monterey brings in $36,866 a year, in the lower quartile of U.S. cities for household income, with a poverty rate of 5.8%. Typical homes in Monterey are valued around $89,300, and the median resident age is 46.5 years. Educational attainment runs 8.2% of adults with a bachelor's degree or higher. Separately, 76.5% of working-age residents are in the labor force.

Living costs in Indiana run below the national norm: on BEA's 100-equals-national-average cost index, Indiana scores 93.3 (Below Average), per the 2024 Regional Price Parities release. Statewide, HUD pegs Fair Market Rent for a two-bedroom unit at $956 monthly. Monthly utility costs average around $235 across Indiana, per EIA 2023 residential energy estimates. Natural-hazard exposure scores 24.9 out of 100 on FEMA's National Risk Index (Very Low).

Population

270 residents

Census ACS 2023 - Indiana

Median Household Income

$36,866 /yr

Poverty 5.8%

Cost of Living Index (state)

93.3 (US=100)

Below Average - BEA RPP 2024, Indiana average

How does Monterey compare to other US cities?

Monterey measured against every US city with 1,000+ residents, computed live from the same Census and FBI data shown throughout this page.

Household income 6% higher than other cities
Home value 6% pricier than other cities
Median rent 11% pricier than other cities

"Safer than" reflects total crime rate from FBI UCR; the others use Census ACS estimates.

How we calculate these percentiles & ranks

Each percentile compares Monterey against every qualifying US city; each in-state rank narrows that to Indiana only. Full formula and direction notes: methodology.

Indiana-relative analysis

Median Gross Rent places Monterey near the bottom of Indiana's cities

Among the 850 Indiana cities PlainCities tracks with reported median gross rent data, Monterey ranks #610 - the 0th percentile within the state. This is a different, narrower cut than the nationwide percentiles above: it compares Monterey only against its own state's cities, not the full US field.

Median Household Income
#740 of 766
3rd percentile in Indiana
Median Gross Rent
#610 of 850
0th percentile in Indiana
Median Home Value
#649 of 771
16th percentile in Indiana
Poverty Rate
#465 of 849
45th percentile in Indiana
Bachelor's Degree or Higher
#638 of 850
25th percentile in Indiana

Ranked by raw value (highest first); a higher rank is not automatically "better" for every measure, see each metric's own context above. This is a comparison within Indiana only, not a livability score. See the methodology for the source and calculation.

6thIncome percentile

6th percentile nationally for median household income. Source: Census ACS 2023 / FBI UCR 2023.

How Monterey's home value compares nationally

Median home value vs. every US city (population 1,000+)

$89,300 Among the most affordable more affordable than 94% of 15,600 US cities

$0–$25,000: 5 US cities (0%). Below this entry. $25,000–$50,000: 54 US cities (0%). Below this entry. $50,000–$75,000: 352 US cities (2%). Below this entry. $75,000–$100,000: 1,086 US cities (7%). This entry sits in this band. $100,000–$125,000: 1,516 US cities (10%). Above this entry. $125,000–$150,000: 1,170 US cities (8%). Above this entry. $150,000–$175,000: 1,278 US cities (8%). Above this entry. $175,000–$200,000: 1,229 US cities (8%). Above this entry. $200,000–$225,000: 1,035 US cities (7%). Above this entry. $225,000–$250,000: 976 US cities (6%). Above this entry. $250,000–$275,000: 754 US cities (5%). Above this entry. $275,000–$300,000: 712 US cities (5%). Above this entry. $300,000–$325,000: 521 US cities (3%). Above this entry. $325,000–$350,000: 526 US cities (3%). Above this entry. $350,000–$375,000: 465 US cities (3%). Above this entry. $375,000–$400,000: 393 US cities (3%). Above this entry. $400,000–$425,000: 317 US cities (2%). Above this entry. $425,000–$450,000: 300 US cities (2%). Above this entry. $450,000–$475,000: 307 US cities (2%). Above this entry. $475,000–$500,000: 250 US cities (2%). Above this entry. $500,000–$525,000: 160 US cities (1%). Above this entry. $525,000–$550,000: 156 US cities (1%). Above this entry. $550,000–$575,000: 172 US cities (1%). Above this entry. $575,000–$600,000: 172 US cities (1%). Above this entry. $600,000–$625,000: 163 US cities (1%). Above this entry. $625,000–$650,000: 167 US cities (1%). Above this entry. $650,000–$675,000: 135 US cities (1%). Above this entry. $675,000–$700,000: 101 US cities (1%). Above this entry. $700,000–$725,000: 95 US cities (1%). Above this entry. $725,000–$750,000: 71 US cities (0%). Above this entry. $750,000–$775,000: 65 US cities (0%). Above this entry. $775,000–$800,000: 70 US cities (0%). Above this entry. $800,000–$825,000: 57 US cities (0%). Above this entry. $825,000–$850,000: 67 US cities (0%). Above this entry. $850,000–$875,000: 60 US cities (0%). Above this entry. $875,000–$900,000: 58 US cities (0%). Above this entry. $900,000–$925,000: 47 US cities (0%). Above this entry. $925,000–$950,000: 37 US cities (0%). Above this entry. $950,000–$975,000: 31 US cities (0%). Above this entry. $975,000–$1,000,000: 470 US cities (3%). Above this entry. $1,000,000–$1,025,000: 0 US cities (0%). Above this entry. Monterey $0 $1,025,000 every US city, bucketed by value

Each bar is a $25K-wide band; taller bars hold more US cities. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source U.S. Census Bureau ACS 5-Year Estimates · 2023

Income distribution context

Household income distribution - Monterey, IN Monterey, IN's reported median household income shown against the U.S. national quintile-share pattern (not Monterey, IN-specific quintile data). The Lorenz curve traces the national cumulative income share against cumulative population share, perfect equality is the diagonal; observed inequality bows below. $ Household Income Distribution Monterey, IN median $36,866/yr, vs. U.S. national quintile pattern QUINTILE SHARE OF AGGREGATE INCOME Lowest 20% 3.4% Second 20% 9.2% Middle 20% 15.1% Fourth 20% 23.2% Top 20% 49.1% LORENZ CURVE cumulative income vs. population 100% 0% 100% pop. 0%
Monterey, IN's median household income (Census ACS 5-year estimate) plotted against the U.S. national income-quintile distribution pattern for context; the quintile shares and Lorenz curve are national figures, not computed specifically for Monterey, IN. Diagonal = perfect equality.

Key socioeconomic indicators

Bachelor's degree or higher (adults 25+) 8.2%

Census ACS S1501, educational attainment

Poverty rate (households below FPL) 5.8%

Census ACS S1701, poverty status

Labor force participation (adults 16+) 76.5%

Census ACS S2301, share of working-age residents in the labor force

Population
270
Median Income
$36,866
Median Home Value
$89,300
Median Age
46.5
Poverty Rate
5.8%
Labor force participation
76.5%
Bachelor's Degree+
8.2%

Population Change

Annual U.S. Census Bureau Population Estimates Program (PEP) estimates, 2020–2025

See the fastest-growing cities →
180 residents182 residents184 residents186 residents188 residents 202020212022202320242025 183 residents 187 residents ▲ +2.2%
Monterey's Census PEP population estimates, 2020–2025.

Commute Patterns

How workers travel to work, Census ACS 2023

Drive Alone
51.8%
Carpool
41.6%
Public Transit
0.0%
Walk
0.6%
Work from Home
6.0%

Based on 166 workers 16 and over.

Monthly Utility Costs

State-average estimates for Indiana - EIA 2023 residential energy data

Electricity
$110
avg/month
Natural Gas
$80
avg/month
Water & Sewer
$45
avg/month
Total Utilities
$235
estimated/month

Estimates reflect Indiana state averages. Actual costs vary by home size, usage, and local rates. Source: U.S. Energy Information Administration (EIA) 2023.

Living Costs & Risk

Cost of living is a Indiana state average from BEA; rent and hazard risk are county-level figures from HUD and FEMA for the county Monterey sits in

Cost of Living Index
93.3
Below Average
US average = 100 · BEA RPP 2024
Typical 2-BR Rent
$956/mo
HUD Fair Market Rent
County-level FMR estimate
Natural Hazard Risk
24.9 / 100
Very Low
FEMA NRI composite score (county)

Similar Cities in Indiana

Fulton
270 people
Tocsin
269 people
Fair Oaks
268 people
Stilesville
267 people
Universal
273 people
Crandall
274 people

Cities of a Similar Size Nationwide

Population-matched peers from other states, closest to Monterey's 270 residents (Census ACS 5-Year 2023).

Mount Carmel, FL
270 people
Elk, ID
270 people
Kampsville, IL
270 people
Spillertown, IL
270 people
Corwith, IA
270 people
Kellerton, IA
270 people

Cities with a Similar Household Income Nationwide

Median-household-income-matched peers from other states, closest to Monterey's $36,866 (Census ACS 5-Year 2023, table B19013).

Spring Glen, UT
$36,864 median income
Gaylesville, AL
$36,875 median income
Kinston, AL
$36,875 median income
Montrose, AR
$36,875 median income
Seibert, CO
$36,875 median income
Sunny Side, GA
$36,875 median income

Race & Ethnicity Composition

Race and ethnicity - Monterey, IN Race categories sum to one hundred percent per Census methodology. Hispanic or Latino is shown separately as an ethnicity overlay; it cuts across all race categories per OMB Directive 15. Race & Ethnicity Composition Monterey, IN - Census ACS, OMB race + ethnicity categories RACE, sums to 100% 90.0% 8.5% ETHNICITY, Hispanic or Latino (any race) 11.8% White 90.0% Black or African American 0.0% Asian 0.0% American Indian 0.0% Native Hawaiian 0.0% Some other race 1.5% Two or more races 8.5% Per OMB Directive 15: Hispanic/Latino ethnicity is reported separately from the race categories.
Race categories sum to 100%. Hispanic or Latino ethnicity is reported separately and cuts across race per Census/OMB methodology.

City-level race and ethnicity, Census ACS 5-year 2023 (tables B02001, B03001), OMB Directive 15 categories.

How Monterey compares to nearby Indiana cities

Population + median household income, sourced from Census Bureau ACS 5-year B01001 (population) and B19013 (median household income).

City Population Median Household Income
Monterey (this city) 270 $36,866
Fulton 270 $52,917
Tocsin 269 $34,525
Fair Oaks 268 $61,910
Census ACS 5-year FIPS IN OMB Bulletin 23-01

What do people ask about Monterey, IN?

What is the population of Monterey, IN? +

270 people live in Monterey, IN according to U.S. Census Bureau ACS 2023 estimates.

What is the median household income in Monterey, IN? +

The median household income in Monterey is $36,866 per year, based on Census ACS 2023 data.

What is the cost of living in Monterey? +

BEA does not publish a city-level cost-of-living figure for Monterey; the closest available measure is the Indiana state average, a cost of living index of 93.3 (U.S. average = 100), rated "Below Average" based on BEA Regional Price Parities 2024 data. Costs within Indiana vary by metro area.

What is the median home value in Monterey, IN? +

Homes in Monterey carry a median value of $89,300, according to Census ACS 2023 estimates.

Source: U.S. Census Bureau ACS 5-Year 2023, Census ACS B08301/B08136, U.S. Energy Information Administration (EIA) 2023, BEA Regional Price Parities 2024, HUD Fair Market Rents 2026, FEMA National Risk Index.

Read our methodology - how this data is sourced, computed, and verified.

Primary sources: Census ACS, FBI UCR, NOAA Climate Normals, NCES.

Citation & verification links Data sourced from the U.S. Census Bureau. See our methodology for details. Retrieved and formatted by PlainCities

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Every figure on PlainCities is rendered directly from Census ACS source data, no number is typed in by an editor. This page draws directly on Census ACS source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.