Monterey, IN Employment - Median Household Income, Unemployment Rate

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F

25%

Income/capita NAT. AVG.

41%

Household income NAT. AVG.

6%

Unemployment NAT. AVG.

Index	Monterey	Indiana	National
Income per capita	$33,604	$39,271	$44,883
Median household income	$47,671	$75,463	$81,333
Median income owner occupied	$89,752	$93,561	$106,172
Median income renter occupied	$46,555	$44,330	$52,080
Median earnings male	$47,562	$53,211	$54,343
Median earnings female	$39,134	$34,936	$38,439
Unemployment rate	4.6%	4.6%	4.9%
Poverty level	11.0%	15.0%	15.1%

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Homes For Sale In Monterey, IN

6217 E Washington St

Monterey, IN

10510 E Orange St

Monterey, IN

8921 S Main St

Ora, IN

8790 U.S. 35

Monterey, IN

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 6% 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

$31,777 $47,671 $95,342

City

$50,303 $75,463 $150,926

State

$54,216 $81,333 $162,666

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	1,373	$89,469	10.0%
Argos, IN	1,869	$73,568	9.5%
Rochester, IN	6,268	$70,191	13.7%
Winamac, IN	2,736	$62,382	23.3%
Plymouth, IN	10,366	$59,392	27.0%
Monterey, IN	403	$47,671	41.4%

Cities with similar population

City	Population	Household Income	National Avg.
Branch, AR	403	$41,092	49.5%
Orange Grove Mobile Manor, AZ	403	$0	100.0%
Columbus City, IA	403	$96,633	18.8%
Miles, IA	403	$72,007	11.5%
Vicco, KY	403	$44,892	44.8%
Monterey, IN	403	$47,671	41.4%

Source: The Monterey, IN employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.