HomeTennesseePutnam CountyMonterey
Monterey, Tennessee: commercial real estate data.
Monterey is a Census town of 2,768 people across 3.03 square miles of land, in Putnam County. Median household income is $45,922, 58.6 percent of occupied homes are owned, and the SBA record carries 1 7(a) approvals to borrowers here worth $792,200 since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Monterey
What Monterey is
- Census place typetown
- Land area3.03 sq mi
- Water area0 sq mi
- Population per square mile of land914
- County holding the largest share of its areaPutnam County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Monterey
How many people live in Monterey
- Population2,768
- Median age27.0
- Population under 18987 plus or minus 220
- Share under 1835.7 percent plus or minus 7.9
- Population 65 and over407 plus or minus 89
- Share 65 and over14.7 percent plus or minus 3.2
- Households931
- Family households642
- Share of households that are families69.0 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Monterey
Income and work in Monterey
- Median household income$45,922
- Per capita income$23,188 plus or minus $6,354
- Civilian labor force1,226
- Employed1,199
- Unemployed27 plus or minus 24
- Unemployment rate2.2 percent plus or minus 1.9
- Adults 25 and over1,497
- Adults 25 and over with a high school diploma or higher79.2 percent
- Adults 25 and over with a bachelor degree or higher9.6 percent plus or minus 4.1
- Adults 25 and over with a graduate degree4.3 percent plus or minus 3.2
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Monterey
Housing in Monterey
- Housing units1,071
- Occupied units931
- Vacant units140 plus or minus 67
- Vacancy rate13.1 percent plus or minus 6.0
- Owner occupied546 plus or minus 124
- Renter occupied385 plus or minus 86
- Ownership rate58.6 percent
- Median owner-occupied home value$165,000
- Median gross rent, monthly$715
- Annual rent as a share of median income18.7 percent plus or minus 3.8
- Single family units733
- Share single family68.4 percent
- Units in buildings of two or more219 plus or minus 87
- Share in buildings of two or more20.4 percent plus or minus 7.7
- Mobile homes119 plus or minus 56
- Median year structure built1976
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Monterey
How Monterey gets to work
- Workers 16 and over who commute1,155
- Commuting under 15 minutes289 plus or minus 89
- Share commuting under 15 minutes25.0 percent plus or minus 6.0
- Commuting 30 minutes or more344 plus or minus 135
- Share commuting 30 minutes or more29.8 percent plus or minus 10.1
- Drove alone85.4 percent
- Carpooled11.2 percent plus or minus 5.8
- Public transport0.0 percent
- Walked0.0 percent
- Worked from home3.3 percent plus or minus 2.4
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Monterey
SBA loans in Monterey (7(a))
- Approvals1
- Gross approval$792,200
- Average approval$792,200
- Median approval$792,200
- Largest approval$792,200
- Jobs supported6
- Jobs per approval6.0
- Loans with a final outcome0
- Paid in full0
- Charged off0
- Median term300 months
- Share on real estate terms of 20 years or more100.0 percent
- Share to franchises100.0 percent
- Distinct lenders1
- Distinct industries by NAICS1
Counted by borrower city: approvals to borrowers whose address is in Monterey, in any county, FY2020 to FY2026. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Monterey
Flood risk in Monterey
- NFIP communityTown of Monterey
- NFIP community number470463
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date(NSFHA)
The Town of Monterey participates in the National Flood Insurance Program as community 470463 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Putnam County, not Monterey
Putnam County context, not Monterey figures
- Establishments in Putnam County1,988
- Covered employment, Putnam County39,664
- Average annual pay, Putnam County$50,328
- Housing units permitted, Putnam County700
Every figure in this section is published for Putnam County as a whole and is not a measurement of Monterey.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Monterey questions, answered from the record.
How many people live in Monterey, Tennessee?
2,768, in 931 households. Monterey town covers 3.03 square miles of land, which is 914 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Monterey in?
Putnam County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Monterey?
$45,922. The median owner-occupied home is valued at $165,000. Median gross rent is $715 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Monterey businesses?
1 7(a) approvals totaling $792,200 since FY2020, across 1 lenders, median approval $792,200. These count approvals to borrowers whose address is in Monterey, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Monterey borrowers get paid back?
No rate is published for Monterey. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Monterey in the National Flood Insurance Program?
Yes. Monterey appears in the FEMA Community Status Book as Monterey, town of, community 470463, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Monterey figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Putnam County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Monterey.
Is zoning published for Monterey?
No. Nothing on this page presents parcel level zoning.
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