Monterey at a Glance
Population
2,751
Median Home Value
$131,400
Nat'l avg: $281,900
Median Rent
$674
Nat'l avg: $1,163
Median Income
$38,869
Nat'l avg: $74,580
Violent Crime
2.5 per 1K
Nat'l avg: 3.6 per 1K
Walk Score
0/100
Car-Dependent
Air Quality
AQI 43
Good
Climate Risk
Relatively Low
Score: 48.34
Explore Monterey
Dive deeper into Monterey with specialized neighborhood guides and rankings.
Best Neighborhoods
Top-rated neighborhoods in Monterey ranked by Kurby Score
Affordable Neighborhoods
Most budget-friendly areas to live in Monterey
Up & Coming Neighborhoods
Emerging neighborhoods with growth potential in Monterey
Young Professionals
Best neighborhoods for career starters in Monterey
Retiree Neighborhoods
Best neighborhoods for retirees in Monterey
Living In Guide
Complete guide to life in Monterey — cost, safety, schools & more
All Neighborhoods
Browse every neighborhood in Monterey with detailed data
About Monterey
Monterey, Tennessee, is a hidden gem tucked away in the Volunteer State, offering a refreshingly affordable lifestyle that's increasingly rare in today's world. With a population just shy of 3,000, this close-knit community boasts a median home value of just $131,400, a stark contrast to the national average. This incredible affordability, combined with a slower pace of life, makes Monterey a haven for those seeking a break from the hustle and bustle. Imagine owning a home for a fraction of what it would cost elsewhere, allowing you to focus on the things that truly matter. The town's charm lies in its simplicity. From an investment perspective, Monterey presents a compelling case. While the median household income of $38,869 is below the national average, the low cost of living significantly offsets this. The housing market is stable and accessible, attracting first-time homebuyers and retirees alike. Although specific unemployment figures aren't readily available, the town's small size often translates to a tight-knit community where neighbors look out for each other. Monterey is ideally suited for those seeking a peaceful, budget-friendly lifestyle, whether you're a young couple starting out, a retiree looking to downsize, or an investor seeking attractive real estate opportunities.