The median household income in Monterey, IN in 2022 was $36,919, which was 80.9% less than the median annual income of $66,785 across the entire state of Indiana. Compared to the median income of $24,779 in 2000 this represents an increase of 32.9%. The per capita income in 2022 was $26,667, which means an increase of 45.7% compared to 2000 when it was $14,479.
Whole page based on the data from 2000 / 2022 when the population of Monterey, Indiana was 231 / 336
Income statistics for all residents
Median household income in Monterey, IN in 2022:
Monterey:
$36,920
State:
$66,785
Change in median household income between 2000 and 2022:
Monterey, Indiana:
+49.0%
State:
+60.7%
Number of households with income < $10k:
Monterey:
5.3% (8)
State:
5.6% (151,905)
Number of households with income $10k - 20k:
Monterey:
7.2% (11)
Indiana:
7.1% (193,665)
Number of households with income $20k - 30k:
Monterey:
0.7% (1)
State:
7.8% (213,166)
Number of households with income $30k - 40k:
Monterey:
44.1% (67)
State:
8.5% (231,051)
Number of households with income $40k - 50k:
Monterey:
7.2% (11)
State:
8.4% (227,994)
Number of households with income $50k - 60k:
Monterey:
2.6% (4)
Indiana:
7.7% (210,699)
Number of households with income $60k - 75k:
Monterey:
14.5% (22)
State:
10.3% (279,665)
Number of households with income $75k - 100k:
Monterey:
3.9% (6)
State:
14.1% (383,225)
Number of households with income $100k - 125k:
Monterey:
7.2% (11)
State:
10.3% (279,559)
Number of households with income $125k - 150k:
Monterey:
1.3% (2)
Indiana:
6.3% (172,553)
Number of households with income $150k - 200k:
Monterey:
5.9% (9)
State:
7.3% (198,086)
Number of households with income > $200k:
Monterey:
0.0% (0)
State:
6.8% (184,921)
Aggregate household income in Monterey in 2022: $8,473,041
Median family income in Monterey in 2022:
Monterey:
$70,376
State:
$84,508
Number of families with income < $10k:
Monterey:
10.9% (8)
State:
3.5% (60,982)
Number of families with income $10k - 20k:
Monterey:
5.7% (4)
Indiana:
3.8% (66,551)
Number of families with income $20k - 30k:
Monterey:
1.3% (1)
Indiana:
4.7% (82,197)
Number of families with income $30k - 40k:
Monterey:
3.9% (3)
Indiana:
6.2% (108,519)
Number of families with income $40k - 50k:
Monterey:
11.4% (9)
State:
7.3% (126,404)
Number of families with income $50k - 60k:
Monterey:
1.4% (1)
Indiana:
7.4% (128,779)
Number of families with income $60k - 75k:
Monterey:
27.1% (20)
State:
10.7% (185,712)
Number of families with income $75k - 100k:
Monterey:
8.1% (6)
Indiana:
16.1% (280,434)
Number of families with income $100k - 125k:
Monterey:
15.2% (11)
Indiana:
12.7% (221,659)
Number of families with income $125k - 150k:
Monterey:
2.5% (2)
Indiana:
8.2% (142,241)
Number of families with income $150k - 200k:
Monterey:
12.4% (9)
State:
9.9% (171,875)
Median non-family income in Monterey in 2022:
Monterey:
$36,728
State:
$39,768
Change in median non-family income between 2000 and 2022:
Monterey, Indiana:
+80.8%
Indiana:
+67.9%
Median per capita income in Monterey in 2022:
Monterey:
$26,668
State:
$35,984
Change in median per capita income between 2000 and 2022:
Monterey, Indiana:
+84.2%
State:
+76.4%
Income statistics for White residents
Median household income in Monterey, IN in 2022:
Monterey:
$36,855
Indiana:
$70,619
Change in median household income between 2000 and 2022:
Monterey, Indiana:
+48.7%
State:
+65.2%
Number of households with income < $10k:
Monterey:
5.8% (8)
State:
4.5% (100,447)
Number of households with income $10k - 20k:
Monterey:
7.3% (10)
State:
6.5% (144,216)
Number of households with income $20k - 30k:
Monterey:
0.7% (1)
Indiana:
7.5% (166,045)
Number of households with income $30k - 40k:
Monterey:
46.7% (64)
State:
8.1% (179,206)
Number of households with income $40k - 50k:
Monterey:
8.0% (11)
Indiana:
8.1% (178,985)
Number of households with income $50k - 60k:
Monterey:
2.9% (4)
State:
7.8% (171,865)
Number of households with income $60k - 75k:
Monterey:
11.7% (16)
State:
10.5% (231,572)
Number of households with income $75k - 100k:
Monterey:
4.4% (6)
Indiana:
14.6% (323,007)
Number of households with income $100k - 125k:
Monterey:
8.0% (11)
State:
10.6% (235,112)
Number of households with income $125k - 150k:
Monterey:
1.5% (2)
State:
6.7% (148,936)
Number of households with income $150k - 200k:
Monterey:
2.9% (4)
Indiana:
7.7% (170,750)
Number of households with income > $200k:
Monterey:
0.0% (0)
State:
7.3% (160,805)
Aggregate household income in Monterey in 2022: $7,165,301
Median family income in Monterey in 2022:
Monterey:
$70,039
Indiana:
$88,109
Number of families with income < $10k:
Monterey:
12.0% (8)
State:
2.5% (35,020)
Number of families with income $10k - 20k:
Monterey:
6.5% (4)
State:
3.3% (47,383)
Number of families with income $20k - 30k:
Monterey:
1.6% (1)
Indiana:
4.2% (60,156)
Number of families with income $30k - 40k:
Monterey:
4.7% (3)
Indiana:
5.8% (82,106)
Number of families with income $40k - 50k:
Monterey:
13.5% (8)
State:
6.9% (98,385)
Number of families with income $50k - 60k:
Monterey:
1.6% (1)
Indiana:
7.3% (104,303)
Number of families with income $60k - 75k:
Monterey:
23.8% (15)
State:
10.7% (152,202)
Number of families with income $75k - 100k:
Monterey:
9.5% (6)
State:
16.8% (237,844)
Number of families with income $100k - 125k:
Monterey:
17.4% (11)
State:
13.2% (187,178)
Number of families with income $125k - 150k:
Monterey:
2.9% (2)
Indiana:
8.6% (122,703)
Number of families with income $150k - 200k:
Monterey:
6.4% (4)
State:
10.5% (148,889)
Median non-family income in Monterey in 2022:
Monterey:
$36,670
State:
$41,009
Change in median non-family income between 2000 and 2022:
Monterey, Indiana:
+80.5%
State:
+69.4%
Median per capita income in Monterey in 2022:
Monterey:
$26,043
Indiana:
$38,746
Change in median per capita income between 2000 and 2022:
Monterey, Indiana:
+77.6%
State:
+82.8%
Income statistics for Hispanic or Latino residents
Aggregate household income in Monterey in 2022: $1,419,435
Median per capita income in Monterey in 2022:
Monterey:
$27,776
State:
$22,779
Income statistics for Multirace residents
Median per capita income in Monterey in 2022:
Monterey:
$35,779
Indiana:
$23,668
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