Monterey, IN 46960 has a population of approximately 1,035 and experiences a population change rate of -29.54%. The population density is 24.9 / sq mi .
Monterey, IN 46960 has a population of approximately 1,035 and experiences a population change rate of -29.54%. The population density is 24.9 / sq mi .
The median household income for Monterey, IN 46960 is $44,286, with 470 households and an average household size of 2.59.
The median value of a home in Monterey, IN 46960 is $144,800 with an appreciation rate of 10.50%. 52.50% of housing in the state is owned while 14.74% is rented.
The cost of living in Monterey, IN 46960 is 78.7 %.
The unemployment rate in Monterey, IN 46960 is 2.30%, and recent job growth is at 2.51%. Future job growth is projected at 43.91%.
The sales tax rate in Monterey, IN 46960 is 7.00%, while the income tax rate is 3.23% .
School expenditures in Monterey, IN 46960 are $13,825, and the school ratio is 14.1:1.
The average high temperature in July is 83 degrees, with an average low temperature in January of 16.1 degrees. The average rainfall is approximately 39.8 inches per year, with 25.4 inches of snow per year.