Monterey, TN Employment - Median Household Income, Unemployment Rate

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F

53%

Income/capita NAT. AVG.

42%

Household income NAT. AVG.

73%

Unemployment NAT. AVG.

Index	Monterey	Tennessee	National
Income per capita	$14,137	$26,019	$29,829
Median household income	$31,826	$46,574	$55,322
Median income owner occupied	$34,722	$58,570	$70,586
Median income renter occupied	$26,103	$28,937	$35,192
Median earnings male	$27,354	$32,560	$36,919
Median earnings female	$20,408	$24,186	$26,250
Unemployment rate	1.3%	4.6%	4.7%
Poverty level	28.4%	17.2%	15.1%

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Key findings

The income per capita in Monterey is 53% lower than the national average
The median household income in Monterey is 42% lower than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Monterey is 73% lower than the national average
The poverty level in Monterey is 88% higher than the national average

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am i middle class

$21,215 $31,826 $63,652

City

$31,046 $46,574 $93,148

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	22.0%	22.0%
Manufacturing sector	39.4%	39.4%
Financial & insurance services	0.5%	0.5%
Wholesale & retail services	6.3%	6.3%
Public administration	2.9%	2.9%
Transportation, warehousing & utilities	6.6%	6.6%
Education, health & social services	2.9%	2.9%
Other	19.5%	19.5%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Bowman, TN	91	$53,750	2.8%
Dodson Branch, TN	1,105	$44,861	18.9%
Clarkrange, TN	794	$43,504	21.4%
Cookeville, TN	33,922	$40,836	26.2%
Pleasant Hill, TN	604	$37,500	32.2%
Monterey, TN	2,865	$31,826	42.5%

Cities with similar population

City	Population	Household Income	National Avg.
Great Neck Estates, NY	2,865	$142,375	157.4%
Elgin, SC	2,865	$45,880	17.1%
Ithaca, MI	2,864	$52,219	5.6%
Cold Spring Harbor, NY	2,864	$250,001	351.9%
Lido Beach, NY	2,866	$165,909	199.9%
Monterey, TN	2,865	$31,826	42.5%

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