In 2023, Monterey, IN had a population of 270 people with a median age of 46.5 and a median household income of $36,866. Between 2022 and 2023 the population of Monterey, IN declined from 334 to 270, a −19.2% decrease and its median household income declined from $37,134 to $36,866, a −0.722% decrease.
The 5 largest ethnic groups in Monterey, IN are White (Non-Hispanic) (85.2%), Two+ (Hispanic) (5.56%), White (Hispanic) (4.81%), Two+ (Non-Hispanic) (2.96%), and Other (Hispanic) (1.48%).
None of the households in Monterey, IN reported speaking a non-English language at home as their primary shared language. This does not consider the potential multi-lingual nature of households, but only the primary self-reported language spoken by all members of the household.
100% of the residents in Monterey, IN are U.S. citizens.
In 2023, the median property value in Monterey, IN was $89,300, and the homeownership rate was 43.6%.
Most people in Monterey, IN drove alone to work, and the average commute time was 23 minutes. The average car ownership in Monterey, IN was 4 cars per household.