HomeTennesseePutnam CountyMonterey town
Monterey town, Tennessee: commercial real estate data.
Monterey town 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.
66 sourced place values · tier FULL · 7 sections
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 7(a) lending to Monterey borrowers
- Approvals1
- Gross approval$792,200
- Average approval$792,200
- Median approval$792,200
- Ninetieth percentile 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
A charge-off rate is not published here. only 0 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Putnam County, not Monterey
Putnam County context, not Monterey figures
These are Putnam County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Monterey measurements.
- Establishments in Putnam County1,988
- Employment at those establishments, Putnam County33,829
- Covered employment, Putnam County39,664
- Average annual pay, Putnam County$50,328
- Average weekly wage, Putnam County$968
- Housing units permitted, Putnam County700
- Of those, single family, Putnam County592
- County product, 2024, Putnam County$5,269,488,000
- County product change over the prior year, Putnam County5.3 percent
- Average income of an arriving household, Putnam County$60,908
Every figure in this section is published for Putnam County as a whole and is not a measurement of Monterey. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
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. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
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 totalling $792,200, 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 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Are the county figures on this page Monterey figures?
No, and they are labelled 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?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
Nearby