What is the median home price in Monterey?

The median home price in Monterey, Monterey town, Tennessee is $131,400, which is 53% below the national average of 281,900 ($281,900).

Monterey, Monterey town, Tennessee has a violent crime rate of 2.5 per 1,000 residents, which is 31% below the national average, making it relatively safe. The national average is 3.6 per 1,000 residents. The property crime rate is 4.0 per 1,000 residents.

What is the Walk Score for Monterey?

Monterey, Monterey town, Tennessee has a Walk Score of 0 out of 100, classified as "Almost All Errands Require a Car." The national average Walk Score is 48/100. The bike score is 14/100.

What is the median household income in Monterey?

The median household income in Monterey, Monterey town, Tennessee is $38,869, which is 48% below the national average of 74,580 ($74,580).

What is the average rent in Monterey?

The median rent in Monterey, Monterey town, Tennessee is $674 per month. The national average median rent is $1,163/month.

What is the air quality in Monterey?

Monterey, Monterey town, Tennessee has an Air Quality Index (AQI) of 43, categorized as "Good." The national average AQI is 42. An AQI under 50 is considered "Good."

What is the population of Monterey?

The population of Monterey, Monterey town, Tennessee is approximately 2,751. The homeownership rate is 46.6% (national average: 65.9%).

What are the climate risks in Monterey?

Monterey, Monterey town, Tennessee has an overall climate risk rating of "Relatively Low" with a risk score of 48.34. This assessment considers hazards such as flooding, wildfire, extreme heat, and severe storms.

What is the unemployment rate in Monterey?

The unemployment rate in Monterey, Monterey town, Tennessee is 2.7%. The national average unemployment rate is 3.7%. The poverty rate is 31.2% (national average: 12.4%).

Monterey

Monterey town, Tennessee

Affordable

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.

Monterey, Tennessee at a Glance

Monterey is a city in Monterey town, Tennessee with a population of approximately 2,751. The median home value is $131,400 and the median household income is $38,869. It has a Walk Score of 0 out of 100, indicating car dependency. The violent crime rate is 2.5 per 1,000 residents, which is 31% below the national average. Air quality is rated Good. The overall climate risk is rated as "Relatively Low." Median rent is $674 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.