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CITY · 2020 ACS

Monterey

Virginia · 165 residents · 0.315 sq mi
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The short version

Monterey has lower-than-average household income, with a median household income of $51,168. Population has held roughly steady since 2000. 71% of adults hold a bachelor's degree or higher, well above the national rate of 33%. Median home value has risen by half since 2000, reaching $140,300. With a median age of 54.9, the population is older than the US median of 38.8. Households here earn about 33% less than the Virginia median.

At a glance
Lower income
below the US median
US median: $66,278
Older
median age 54.9
US median: 38.8
More educated
71% hold a bachelor's degree
US average: 33%
Stable housing
home values roughly flat, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
165
+4%since 2000
from 158 in 2000
1990 – 2025
Population density
524 / sq mi
+4%since 2000
from 502 / sq mi in 2000
US average: 280
Median age
54.9
+3%since 2000
from 53.4 in 2000
US average: 38.8
Population, 1990 – 2024
921512112703291990201020202024Monterey
2024197
1990201020202024
Section 02

Income & economy

Median household income
$51,168
−7%inflation adjusted, since 2000
from $36,786 in 2000
US average: $66,278
1990 – 2024
Per capita income
$42,184
+60%since 2000
from $26,379 in 2000
US average: $35,364
Households earning $100K+
6.6%
−15.7 ptssince 2009
from 22.2% in 2009
US average: 43.9%
Poverty rate
0.6%
−3.0 ptssince 2000
from 3.5% in 2000
US average: 12.8%
Workforce by industry, 2020
Finance & insurance9.1%
US avg: 5.5%
Arts, entertainment, food9.1%
US avg: 2%
Professional, scientific, technical4.5%
US avg: 4.7%
Education & health services4.5%
US avg: 0.8%
Agriculture, forestry, fishing0%
US avg: 1.7%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.5%
Wholesale trade0%
US avg: 6.7%
Retail trade0%
US avg: 10%
Transportation & warehousing0%
US avg: 2.5%
Information0%
US avg: 11.1%
Other services0%
US avg: 6.6%
Public administration0%
US avg: 4.7%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$140,300
+4%inflation adjusted, since 2000
from $89,600 in 2000
US average: $265,253
1990 – 2024
Median gross rent
$1,071
+117%inflation adjusted, since 2000
from $329 in 2000
US average: $1,124
Owner-occupied
61.7%
−0.5 ptssince 2000
from 62.2% in 2000
38.3% rent
Afford Score
2.7
+13%since 2000
from 2.4 in 2000
1990 – 2024
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)
2020
White, non-Hispanic94.5%(156)
Black0%(0)
Hispanic / Latino2.4%(4)
Asian0.6%(1)
Other0%(0)
Diversity Score7.6%(12)
Diversity Score
8
+136%since 2000
from 3 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
70.7%
+43.2 ptssince 2000
from 27.5% in 2000
US average: 32.9%
High school or higher
95.7%
+17.5 ptssince 2000
from 78.3% in 2000
US average: 88.5%
Graduate degree
7.9%
−5.1 ptssince 2000
from 13.0% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
25.5 min
+64%since 2000
from 15.5 min in 2000
US average: 26.9
Drive alone to work
95.5%
+39.5 ptssince 2009
from 55.9% in 2009
US average: 75.1%
No vehicle available
5.8%
−4.3 ptssince 2009
from 10.1% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
0.0%
Unchangedsince 2011
from 0.0% in 2011
US average: 5.4%
Labor force participation
13.3%
−57.7 ptssince 2011
from 71.0% in 2011
US average: 63.4%
Management & professional
31.8%
−22.4 ptssince 2009
from 54.2% in 2009
US average: 39.3%
Section 08

People & community

Male
25.9%
−11.3 ptssince 2009
from 37.2% in 2009
Female
74.1%
+11.3 ptssince 2009
from 62.8% in 2009
Foreign born
2.9%
+2.9 ptssince 2009
from 0.0% in 2009
US average: 13.5%
Uninsured
0.0%
−76.8 ptssince 2013
from 76.8% in 2013
US average: 8.8%
Drill deeper

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Pop 157
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Compare Monterey to nearby cities

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MONTEREY VS
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MONTEREY VS
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Frequently asked

How many people live in Monterey, Virginia?

Monterey, Virginia has about 165 residents according to the 2020 American Community Survey.

What is the median household income in Monterey, Virginia?

The typical household in Monterey, Virginia earns about $51,168 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 $140,300, and the typical rent is about $1,071 a month.

How educated are people in Monterey, Virginia?

About 70.7% 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 0.6% of people in Monterey, Virginia live below the federal poverty line.

Has Monterey, Virginia grown since 1990?

Yes, Monterey, Virginia has shrunk since 1990. The population has lost about 19 residents, a change of about -10 percent over that period.

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

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