Monterey, IN
143Residents
$39,149Median household income
$628/moMedian gross rent
$82,500Median home value
53.3Median age
8%Adults with a bachelor’s degree or higher
40%Homes lived in by their owners
2.1×Home value to household income
Median rent takes about 19% of the median household income in Monterey.
What pay do you need to rent here?
To keep rent at or below 30% of gross pay, you would need about $25,000 a year. In Indiana that leaves roughly $1,787 a month after tax. See the full paycheck breakdown for $30,000.
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Source: Census ACS 2024 ACS 5-year, places. Small places carry larger margins of error.