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CITY

Monterey

Virginia · 162 residents (2025 est.) · 0.315 sq mi
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The short version

Monterey has notably lower household income than the US average, with a median household income of $60,849. Population has grown 25% since 2000. 74% of adults hold a bachelor's degree or higher, well above the national rate of 36%. Median home value has more than doubled since 2000, reaching $169,700. With a median age of 67.1, the population is older than the US median of 38.9. Households here earn about 35% less than the Virginia median.

At a glance
Lower income
below the US median
US median: $82,259
Older
median age 67.1
US median: 38.9
More educated
74% hold a bachelor's degree
US average: 36%
Stable housing
home values roughly flat, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
197
+25%since 2000
from 158 in 2000
1990 – 2025
Population density
625 / sq mi
+25%since 2000
from 502 / sq mi in 2000
US average: 281
Median age
67.1
+26%since 2000
from 53.4 in 2000
US average: 38.9

PEP 2025 EST:162 residents (Census Bureau Vintage 2025, released March 2026)

Population, 1990 – 2024
921512112703291990201020202024Monterey
2024197
1990201020202024
Section 02

Income & economy

Median household income
$60,849
−9%inflation adjusted, since 2000
from $36,786 in 2000
US average: $82,259
1990 – 2024
Per capita income
$47,123
+79%since 2000
from $26,379 in 2000
US average: $44,673
Households earning $100K+
19.4%
−2.8 ptssince 2009
from 22.2% in 2009
US average: 53.3%
Poverty rate
10.2%
+6.6 ptssince 2000
from 3.5% in 2000
US average: 12.5%
Income inequality (Gini)
0.342
−27%since 2010
from 0.471 in 2010
US average: 0.476
Workforce by industry, 2024
Wholesale trade13.3%
US avg: 6.9%
Other services10%
US avg: 6.7%
Public administration10%
US avg: 4.8%
Finance & insurance5%
US avg: 5.9%
Arts, entertainment, food5%
US avg: 1.9%
Professional, scientific, technical3.3%
US avg: 5.1%
Information1.7%
US avg: 10.8%
Education & health services1.7%
US avg: 0.9%
Agriculture, forestry, fishing0%
US avg: 1.6%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
Retail trade0%
US avg: 9.9%
Transportation & warehousing0%
US avg: 2.2%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$169,700
+4%inflation adjusted, since 2000
from $89,600 in 2000
US average: $376,019
1990 – 2024
Median gross rent
$850
+42%inflation adjusted, since 2000
from $329 in 2000
US average: $1,442
Owner-occupied
64.6%
+2.4 ptssince 2000
from 62.2% in 2000
35.4% rent
Vacancy rate
8.9%
−23.8 ptssince 2009
from 32.7% in 2009
US average: 10.0%
Owner cost-burdened
18.3%
−24.9 ptssince 2009
from 43.1% in 2009
US average: 22.9%
Renter cost-burdened
54.9%
+9.1 ptssince 2009
from 45.8% in 2009
US average: 47.4%
Afford Score
2.8
+14%since 2000
from 2.4 in 2000
1990 – 2024
Gentrification Score
67
RELATED:See current rent listings in Monterey on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic96.2%(152)
Black0%(0)
Hispanic / Latino1.3%(2)
Asian0%(0)
Other0%
Diversity Score3.2%(5)
2024
White, non-Hispanic95.9%(189)
Black0%(0)
Hispanic / Latino0%(0)
Asian3%(6)
Other1%(2)
Diversity Score9.8%(19)
Diversity Score
10
+206%since 2000
from 3 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
73.7%
+46.1 ptssince 2000
from 27.5% in 2000
US average: 35.6%
High school or higher
96.4%
+18.1 ptssince 2000
from 78.3% in 2000
US average: 89.6%
Graduate degree
16.8%
+3.7 ptssince 2000
from 13.0% in 2000
US average: 14.0%
Section 06

Commute & transportation

Average commute
16.0 min
+3%since 2000
from 15.5 min in 2000
US average: 26.5
Drive alone to work
53.3%
−2.6 ptssince 2009
from 55.9% in 2009
US average: 68.9%
Carpooled to work
0.0%
−14.4 ptssince 2009
from 14.4% in 2009
US average: 8.5%
Public transit
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 3.2%
Worked from home
6.7%
−0.1 ptssince 2009
from 6.8% in 2009
US average: 15.0%
Walked to work
40.0%
+20.5 ptssince 2009
from 19.5% in 2009
US average: 2.4%
Biked to work
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 0.4%
No vehicle available
16.0%
+5.9 ptssince 2009
from 10.1% in 2009
US average: 8.3%
Section 07

Work & employment

Unemployment rate
0.0%
Unchangedsince 2011
from 0.0% in 2011
US average: 5.2%
Labor force participation
33.9%
−37.1 ptssince 2011
from 71.0% in 2011
US average: 63.5%
Self-employed
21.7%
+0.5 ptssince 2009
from 21.2% in 2009
US average: 13.1%
Management & professional
66.7%
+12.4 ptssince 2009
from 54.2% in 2009
US average: 42.5%
Section 08

People & community

Male
36.0%
−1.2 ptssince 2009
from 37.2% in 2009
Female
64.0%
+1.2 ptssince 2009
from 62.8% in 2009
Foreign born
2.0%
+2.0 ptssince 2009
from 0.0% in 2009
US average: 14.1%
Veterans
6.3%
−34.1 ptssince 2009
from 40.4% in 2009
US average: 6.2%
With a disability
43.1%
+28.9 ptssince 2012
from 14.2% in 2012
US average: 13.3%
Uninsured
5.1%
−71.7 ptssince 2013
from 76.8% in 2013
US average: 8.4%
Broadband at home
41.0%
−0.9 ptssince 2017
from 41.9% in 2017
US average: 91.0%
English only at home
95.8%
−4.2 ptssince 2016
from 100.0% in 2016
US average: 77.7%
Spanish at home
0.0%
Unchangedsince 2016
from 0.0% in 2016
US average: 13.6%
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Frequently asked

How many people live in Monterey, Virginia?

Monterey, Virginia has about 197 residents according to the 2024 American Community Survey.

What is the median household income in Monterey, Virginia?

The typical household in Monterey, Virginia earns about $60,849 a year. Half of households make more than that, and half make less.

Is Monterey, Virginia expensive?

In Monterey, Virginia, the median home is worth about $169,700, and the typical rent is about $850 a month.

How educated are people in Monterey, Virginia?

About 73.7% of adults age 25 and over in Monterey, Virginia hold a bachelor's degree or higher.

What is the poverty rate in Monterey, Virginia?

About 10.2% of people in Monterey, Virginia live below the federal poverty line.

Has Monterey, Virginia grown since 1990?

Yes, Monterey, Virginia has grown since 1990. The population has added about 13 residents, a change of about 7 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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