Monterey, IN Employment - Median Household Income, Unemployment Rate

F

25%

Income/capita NAT. AVG.

41%

Household income NAT. AVG.

7%

Unemployment NAT. AVG.

Index	Monterey	Indiana	National
Income per capita	$22,445	$26,117	$29,829
Median household income	$32,480	$50,433	$55,322
Median income owner occupied	$60,417	$62,593	$70,586
Median income renter occupied	$31,032	$29,285	$35,192
Median earnings male	$31,767	$36,194	$36,919
Median earnings female	$26,250	$23,580	$26,250
Unemployment rate	4.3%	4.4%	4.7%
Poverty level	11.0%	15.0%	15.1%

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Key findings

The income per capita in Monterey is 25% lower than the national average
The median household income in Monterey is 41% lower than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Monterey is 7% lower than the national average
The poverty level in Monterey is 27% lower than the national average

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am i middle class

$21,651 $32,480 $64,960

City

$33,618 $50,433 $100,866

State

$36,877 $55,322 $110,644

Nation

According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

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Monterey median earnings by income bracket

Monterey employment by industry

Labour Type	Male	Female
Construction industry	6.5%	6.5%
Manufacturing sector	62.7%	62.7%
Financial & insurance services	0.0%	0.0%
Wholesale & retail services	7.8%	7.8%
Public administration	1.3%	1.3%
Transportation, warehousing & utilities	8.5%	8.5%
Education, health & social services	0.7%	0.7%
Other	12.4%	12.4%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Bass Lake, IN	1,332	$61,000	10.3%
Argos, IN	1,799	$50,272	9.1%
Rochester, IN	6,026	$47,479	14.2%
Winamac, IN	2,634	$41,250	25.4%
Plymouth, IN	10,029	$40,444	26.9%
Monterey, IN	391	$32,480	41.3%

Cities with similar population

City	Population	Household Income	National Avg.
Twin, AL	391	$0	100.0%
New Troy, MI	391	$53,750	2.8%
South Mills, NC	391	$0	100.0%
Davenport, NE	391	$47,708	13.8%
Madison, PA	391	$59,659	7.8%
Monterey, IN	391	$32,480	41.3%

Source: The Monterey, IN employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS).