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HomeVirginiaHighland CountyMonterey town

Monterey town, Virginia: commercial real estate data.

Monterey town is a Census town of 197 people across 0.31 square miles of land, in Highland County. Median household income is $60,849, 64.6 percent of occupied homes are owned.

50 sourced place values · tier FULL · 6 sections · underlined figures are computed by MMCG Analytics, not published by the agency

Monterey

What Monterey is

  • Census place typetown
  • Land area0.31 sq mi
  • Water area0 sq mi
  • Population per square mile of land626 plus or minus 299
  • County holding the largest share of its areaHighland 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

  • Population197 plus or minus 94
  • Median age67.1 plus or minus 22.3
  • Population under 1821 plus or minus 21
  • Share under 1810.7 percent plus or minus 9.3
  • Population 65 and over104 plus or minus 82
  • Share 65 and over52.8 percent plus or minus 32.9
  • Households144 plus or minus 83
  • Family households34 plus or minus 17
  • Share of households that are families23.6 percent plus or minus 18.0

US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

Monterey

Income and work in Monterey

  • Median household income$60,849 plus or minus $24,331
  • Per capita income$47,123 plus or minus $10,685
  • Civilian labor force60 plus or minus 35
  • Employed60 plus or minus 35
  • Unemployed0
  • Unemployment rate0.0 percent
  • Adults 25 and over167 plus or minus 85
  • Adults 25 and over with a high school diploma or higher96.4 percent
  • Adults 25 and over with a bachelor degree or higher73.7 percent plus or minus 31.3
  • Adults 25 and over with a graduate degree16.8 percent plus or minus 8.5

US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

Monterey

Housing in Monterey

  • Housing units158 plus or minus 83
  • Occupied units144 plus or minus 83
  • Vacant units14 plus or minus 12
  • Vacancy rate8.9 percent plus or minus 6.0
  • Owner occupied93 plus or minus 76
  • Renter occupied51 plus or minus 39
  • Ownership rate64.6 percent plus or minus 37.4
  • Median owner-occupied home value$169,700 plus or minus $44,928
  • Median gross rent, monthly$850 plus or minus $376
  • Annual rent as a share of median income16.8 percent plus or minus 10.0
  • Single family units122 plus or minus 77
  • Share single family77.2 percent plus or minus 26.7
  • Units in buildings of two or more36 plus or minus 36
  • Share in buildings of two or more22.8 percent plus or minus 19.7
  • Mobile homes0
  • Median year structure built1938

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 commute56 plus or minus 35
  • Commuting under 15 minutes36 plus or minus 22
  • Share commuting under 15 minutes64.3 percent plus or minus 55.9
  • Commuting 30 minutes or more11 plus or minus 16
  • Share commuting 30 minutes or more19.6 percent plus or minus 24.9
  • Drove alone53.3 percent plus or minus 16.0
  • Carpooled0.0 percent
  • Public transport0.0 percent
  • Walked40.0 percent plus or minus 26.1
  • Worked from home6.7 percent plus or minus 7.4

US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

Highland County, not Monterey

Highland County context, not Monterey figures

These are Highland 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 Highland County79
  • Employment at those establishments, Highland County325
  • Covered employment, Highland County615
  • Average annual pay, Highland County$44,493
  • Average weekly wage, Highland County$856
  • Housing units permitted, Highland County12
  • Of those, single family, Highland County12
  • County product, 2024, Highland County$110,642,000
  • County product change over the prior year, Highland County14.2 percent
  • Average income of an arriving household, Highland County$69,091

Every figure in this section is published for Highland 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.

  • No SBA approvals are recorded to a borrower address in this place in either FOIA release.
  • 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, Virginia?

197, in 144 households. Monterey town covers 0.31 square miles of land, which is 626 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?

Highland 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?

$60,849. The median owner-occupied home is valued at $169,700. Median gross rent is $850 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

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 Highland 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.