Monterey, VA demographics:
population, income, and more

Total population
197
-1.5% year-over-year change
Median household income
$60,849/yr
3.7% year-over-year change
Housing units
158
-7.6% year-over-year change

Monterey population

How many people live in Monterey

Monterey is home to 197 residents, according to the most recent Census data. Gender-wise, 36% of Monterey locals are male, and 64% are female.

Total population
197
-1.5% year-over-year change
Gender ratio
Male
36%
71
Female
64%
126
Value Percent YoY change
Male 71 36% 7.6%
Female 126 64% -6.0%
A higher population often means more rental variety and livelier areas. The gender balance—how many men live here compared to women—can reveal a lot about the community and the lifestyles of its residents. Use this info to get a sense of the area's pace and personality.

Age demographics

The median age in Monterey is 67, with the population distributed as follows: about 6.6% are children under 15, then 8.6% are in the 15 to 24 age group. Adults between 25 and 44 make up 16.2% of the population, while another 15.7% fall into the 45 to 64 bracket. Finally, around 52.8% are 65 or older.

Median age
67.1
Age breakdown
Under 15
6.6%
15 to 24
8.6%
25 to 44
16.2%
45 to 64
15.7%
Over 65
52.8%
Value Percent YoY change
Under 15 13 6.6% 0.0%
15 to 24 17 8.6% -19.1%
25 to 44 32 16.2% 60.0%
45 to 64 31 15.7% 0.0%
Over 65 104 52.8% -9.6%
The age composition helps you get insight into who lives in the area. A younger population might mean a more active, fast-paced vibe, while an older one could suggest a quieter, slower lifestyle. If there's a balanced makeup, you’re likely to find a variety of services, housing types, and community spaces that cater to different life stages.

Racial makeup

In Monterey, 98% of the population are US-born citizens, while 2% have gained naturalized citizenship. There’s also a share of 1% that includes residents with two or more races.

Citizenship
U.S.-born citizens
98%
Non-U.S.-born citizens
2%
Non-citizens
0%
Value Percent YoY change
U.S.-born citizens 193 98% -2.5%
Non-U.S.-born citizens 4 2% 100.0%
Racial breakdown
White
95.9%
Black or African American
0%
American Indian and Alaska Native
0%
Asian
3%
Native Hawaiian and other Pacific Islander
0%
Two or more races
1%
Other
0%
Value Percent
White 189 95.9%
Asian 6 3%
Two or more races 2 1%

Households in Monterey

A peek inside Monterey households

Monterey has 144 households, with an average of 1 members in each. Of these, 23.6% are families, while the remaining 76.4% are made up of individuals living alone or with non-relatives, such as roommates.

Households stats

Total households
144
3.6% year-over-year change
Average people per household
1
Non-family households
110
Family households
34
Value Percent YoY change
Non-family households 110 76.4% 12.2%
Family households 34 23.6% -17.1%
The mix between family and non-family households gives a glimpse into daily life. A higher percentage of families might mean more parks and schools, while more non-family setups can mean flexible housing and diverse living styles. For renters, this can signal what kinds of homes are common and can help you figure out if the area matches your lifestyle.

Housing in Monterey

The housing landscape of Monterey

Monterey's housing consists of 158 units, with 69.6% being detached single-family homes ideal for those wanting space. Attached options, including duplexes and townhouses, make up 7.6% and offer a more compact, shared living style.

Housing units
158
-7.6% year-over-year change
Housing types
Value Percent
1 unit, detached 110 69.6%
1 unit, attached 12 7.6%
2 units 36 22.8%
Homes built since 2020
0
% year-over-year change

The age of buildings in Monterey

In Monterey, the median construction year is 1938. About 69.6% of homes were built before the 1940s, with another 5.7% going up by 1949. Most development happened in the second half of the 20th century.

Construction year breakdown by decade
Value Percent YoY change
Built in 1939 or earlier 110 69.6% -5.2%
Built between 1940 and 1949 9 5.7% -30.8%
Built between 1950 and 1959 12 7.6% 0.0%
Built between 1960 and 1969 9 5.7% 0.0%
Built between 1970 and 1979 16 10.1% 33.3%
Built between 1980 and 1989 1 0.6% 0.0%
Built between 2000 and 2009 1 0.6% -87.5%
As a renter, knowing when homes were built helps you understand the potential condition and design of rental units. Newer builds may have more contemporary layouts, while older homes can offer character or larger lots, depending on the area.

Monterey occupancy rates

Out of the 144 occupied housing units in Monterey, 64.6% are owner-occupied, while 35.4% are lived in by tenants. Meanwhile, 8.9% of all homes on the local market sit vacant.

Occupied housing units
144
3.6% year-over-year change
Occupancy breakdown
Renter occupied
51
Owner occupied
93
Value Percent YoY
change
Renter occupied 51 35.4% 18.6%
Owner occupied 93 64.6% -3.1%
Unoccupied housing units
8.9%
Unoccupied housing units refer to homes that are currently without residents—whether they're waiting for renters or owners, used seasonally, or simply unclaimed. A higher share of empty homes may mean more housing availability, while a low number can reflect a tighter market with more competition. This, along with the renter-vs.-owner mix, helps paint a clearer picture of what types of housing and services are likely to be available in the area.

Monterey housing costs

Housing costs in Monterey come to a median of $1,212 per month, while tenants specifically pay a median gross rent of $850.

Median housing costs per month
$1,212/month
This figure sums up typical monthly housing costs for all households in the area. If you own, it includes mortgage payments in addition to property taxes, insurance and HOA fees. If you rent, it accounts for rent plus extras like utilities. It’s useful for seeing how local living expenses stack up compared to other places.
Median gross rent in Monterey
$850/month
Gross rent gives a more complete look at what renters actually pay, including not just base rent, but also utilities and fees. It’s a key number for evaluating rental affordability in your area of interest and understanding how it compares to nearby locations.

Education in Monterey

Monterey education at a glance

About 18.2% of the population in Monterey went to high school, while 7.4% pursued college studies. Another 1.7% earned an associate degree and 55.7% hold a bachelor’s. Meanwhile, 15.9% went even further, earning a master’s or doctorate.

Education level
Value Percent YoY change
No high school 2 1.1% 0.0%
High school diploma 32 18.2% 10.3%
College diploma 13 7.4% 0.0%
Associate degree 3 1.7% -40.0%
Bachelor's degree 98 55.7% -4.8%
Graduate degree 28 15.9% 12.0%
A community’s education mix can offer insights into the local economy and housing market. Higher levels of education often align with more job opportunities and stable incomes, which can increase demand for homes and influence both rent prices and rental availability.

Income in Monterey

How much people earn in Monterey

The average annual household income in Monterey was $64,957 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a -2.8% change from the previous year. At the same time, the median income stood at $60,849, reflecting a +3.7% shift over the same period.

Average household income in Monterey
$64,957/year
-2.8% year-over-year change
Median household income in Monterey
$60,849/year
3.7% year-over-year change

Monterey income by age

Overall, 89.8% of the locals in this community live above the poverty line.

Income breakdown by age
Value YoY change
Over 65 $60,613 3.9%
Above poverty level
177
Below poverty level
20
Value Percent YoY
change
Above poverty level 177 89.8% -5.8%
Below poverty level 20 10.2% 66.7%

Employment in Monterey

Workforce and job types in Monterey

The job market in Monterey is powered by 60 working residents, spread across a range of industries and roles. 91.7% of the working population are employed in professional or administrative positions, while 8.3% are in hands-on or service-based jobs. Also, 10% run their own businesses, 48.3% are employed by private companies, and 10% work in the public sector.

Workforce demographics

Working population
60
0.0% year-over-year change
White collar
55
Blue collar
5
Value Percent YoY change
White collar 55 91.7% 1.9%
Blue collar 5 8.3% -16.7%
Employer type
Self employees
10%
Private companies
48.3%
Governmental workers
10%
Not for profit companies
31.7%
Value Percent YoY change
Self employees 6 10% -40.0%
Private companies 29 48.3% 0.0%
Governmental workers 6 10% 50.0%
Not for profit companies 19 31.7% 11.8%

Transportation in Monterey

How people get around in Monterey

In Monterey, the average commute time is 16 minutes. Commuting methods vary: 53.3% of residents travel by personal vehicle and 40% prefer to walk, while the remaining share relies on public transit or on two wheelers to get from A to B.

Commute time
16 min
-8.1% year-over-year change
Means of transportation
Value Percent YoY change
Car 32 53.3% -13.5%
Walk 24 40% 26.3%
Understanding how locals get to work can help you plan your own routine. High car usage might mean you’ll need a vehicle, while strong public transit or walkability could save you the hassle. Commute times also play a big role in quality of life—shorter trips can give you more time for the things you enjoy.

What is the median and average household income in Monterey by zipcode?

Zipcode Population Number of households Median income Average income
24465 1,403 626 $61,379 $67,736

Explore more communities

FAQs about Monterey demographics 

What is the total population of Monterey?

Monterey has a total population of 197 residents, according to the latest release from the U.S. Census Bureau: the 2019-2023 American Community Survey (ACS) 5-year estimates. This figure changed by -1.5% compared to a year ago.

What is the gender ratio in Monterey?

The gender ratio in Monterey is as follows:
  • 36% males (71 residents)
  • 64% females (126 residents)

What is the median age in Monterey?

The median age in Monterey is 67.1.

What is the age distribution of the population in Monterey?

The age distribution in Monterey is as follows:
  • Under 15: 6.6% (13 residents)
  • Ages 15-24: 8.6% (17 residents)
  • Ages 25-44: 16.2% (32 residents)
  • Ages 45-64: 15.7% (31 residents)
  • Over 65: 52.8% (104 residents)

What is the racial and ethnic makeup of Monterey?

The racial and ethnic makeup of Monterey is as follows:
  • White: 95.9% (189 residents)
  • Black or African American: 0% (0 residents)
  • American Indian and Alaska Native: 0% (0 residents)
  • Asian: 3% (6 residents)
  • Native Hawaiian and Other Pacific Islander: 0% (0 residents)
  • Two or More Races: 1% (2 residents)
  • Other: 0% (0 residents)

What percentage of the population in Monterey are U.S.-born citizens?

U.S.-born citizens represent 98% of the population in Monterey.

How many housing units are there in Monterey?

There are 158 housing units in Monterey, reflecting a -7.6% change compared to the previous year, according to the latest data from the U.S. Census Bureau.

How many households are in Monterey and what is the average household size?

Monterey has a total of 144 households, with an average of 1 people in each.

What is the median household income in Monterey?

Monterey has a median household income of $60,849, representing a +3.7% shift from the previous year, according to the U.S. Census Bureau.

What is the job market overview for Monterey?

Here’s a detailed breakdown of the local job market:

Job types:
  • White-collar workers: 91.7% (55 residents)
  • Blue-collar workers: 8.3% (5 residents)

Places of employment:
  • Self-employed: 10% (6 residents)
  • Private companies: 48.3% (29 residents)
  • Governmental workers: 10% (6 residents)
  • Not-for-profit companies: 31.7% (19 residents)

Data source & methodology

The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.

The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.

No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.

Page last updated: September 2025