Cost Of Living
Residents in this area benefit from an affordable cost of living. This includes goods and services, transportation, housing, utilities, groceries and healthcare.
Crime
This area is characterized by a crime rate, per 100,000 individuals, that falls well below the national average, indicating its potential as a very safe place to live.
Housing
The housing category in this area boasts higher than average scores, likely influenced by a positive home affordability ratio, robust appreciation rates or elevated home values.
Health & Safety
Earning a high health and safety score depends on factors such as good air quality and the availability of essential health facilities like hospitals, clinics, doctors, and fire stations.
Ratings
Local residents have positive feedback regarding the convenience of amenities, parks, public transit, the friendliness of neighbors, the strong sense of community, and the overall safety of the area.
Commute
Commuters in this area may experience longer-than-average work commute times due to limited public transportation access.
Employment
The combination of low income levels and high unemployment rates contributes to a low score in the employment category, which could make it challenging to secure well-paying jobs.
Schools
Factors such as lower than average graduation rates, lackluster reading and math scores and the limited accessibility of local elementary and high schools could contribute to the low schools score.
Monterey is a smaller city located in the state of Tennessee. The city has a population of 2,865 residents. If we look at the most recent Census, Monterey is known to have a predominantly White population. The next two most common races are Asian and American Indian and Alaskan. Additionally, more than a quarter of the population of Monterey are of Hispanic or Latino origin, and 29% of the population also speak Spanish. If you are a young adult or student, you might be pleased to know that the average age of all Monterey residents is 29. The average American spends about 26 minutes on their one way commute to work each day. Lower travel times can increase overall happiness and allow for more time to be spent with family and friends. While living in Monterey, your commute times will be about average, with a one way commute time of 29 minutes.
Whether you’re relocating to a new town to be closer to family, friends or for a new job, living in Monterey could be a positive experience compared to other cities in Tennessee if you know where to search. Don't forget to determine what matters most to you in a neighborhood. Consider factors such as safety, proximity to work or school, access to amenities (like parks, fitness facilities, grocery stores, restaurants), public transportation options, community atmosphere and the overall vibe you're looking for. Using the livability score which includes data from categories like amenities, commute, health & safety, employment, housing, you can easily compare the best places to live in Monterey and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Monterey to Tennessee and the national average.
Using data and statistics Monterey has received a livability score of 70/100. This score is ranked in the 79th percentile when compared to all other cities. For each of the livability categories, we can establish that Monterey ranks very well for housing (B-). Unfortunately for Monterey, there are some categories for which it does not rank well, this includes: education (F) and employment (F).
Feeling a sense of safety in the area that you live in is a must for most people. Low crime rates can have a positive impact on things like home prices, home appreciation rates and can help foster positive community dynamics and social cohesion. Monterey has a violent crime rate of 109 crimes per 100,000 residents which is far lower than the national average.
The Monterey unemployment rate of 1.27% has continued to decrease over the years and is now well below the national average. The result could lead to reduced poverty and inequality in the area, higher wages and increased economic growth. This is a positive sign in the overall health of the local economy.
For home buyers, real estate will be the largest purchase they will ever make and it will also be their most valuable asset. For renters, the monthly rent paid on their Monterey apartments will most likely be their largest expense. Based on tangible metrics like home and rental affordability and appreciation rates, housing in this area has received a score that is well above the average of every other US city. A thriving real estate market can also generate strong local economic activity and job creation.
Being close to public transit, grocery stores, parks and other conveniences are all important when weighing your options for a new home in Monterey. Before you determine if any of these amenities are available in the area, you will also want to know if the real estate prices in Monterey are affordable. The median home price for Monterey homes is $122,600, which is 16% lower than the Tennessee average. If we take a closer look at the affordability of homes in Monterey, we’ll see that the home price to income ratio is 3.9, which is 25.8% higher than the Tennessee average.
| Statistic | Monterey | Tennessee | National |
| Average one way commute | 29min | 25min | 26min |
| Workers who drive to work | 78.9% | 83.6% | 76.4% |
| Workers who carpool | 16.3% | 9.2% | 9.3% |
| Workers who take public transit | 0.0% | 0.8% | 5.1% |
| Workers who bicycle | 0.0% | 0.1% | 0.6% |
| Workers who walk | 2.1% | 1.4% | 2.8% |
| Working from home | 0.5% | 3.9% | 4.6% |
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