Monterey, VA
Population 200 · Virginia
About Monterey, VA
Monterey is a small community in Virginia with a population of 200 residents. The median household income is $58,656 per year, which is near the national average. The median age in Monterey is 67.8 years.
Housing in Monterey has a median home value of $143,800 and median monthly rent of $1,006. Of the 171 total housing units, the majority are owner-occupied, with 96 owner-occupied and 43 renter-occupied units.
The unemployment rate in Monterey is 0.0% and the poverty rate is 6.0%. 75.3% of residents hold a bachelor's degree or higher. The average commute time is 17.4 minutes.
How Monterey Ranks in Virginia
Cost of Living in Monterey, VA
Compared to national averages, Monterey has a median household income of $58,656 (22% below the national median of $75,149). Home values average $143,800, which is 41% below the national median. Monthly rent at $1,006 is 13% below the US average of $1,163. Within Virginia, Monterey's income is 33% below the state average of $87,957, and home values are 56% below the state median of $327,514.
Why Live in Monterey, VA?
Monterey offers affordable housing with a median home value of $143,800, below the US average of $244,900, and rent that’s lower than the national average at $1,006/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a well-educated community where 75.3% of residents hold a bachelor’s degree or higher, and a low poverty rate of 6.0%, better than the national average, and short commute times averaging just 17.4 minutes.
Potential considerations include median household income ($58,656) that falls below the national average. However, Monterey’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Monterey has a population of 200 with a median age of 67.8 years. Compare Monterey with other cities to see how it stacks up, or explore all cities in Virginia.
Similar Cities Near Monterey
Cities in Virginia with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Troutdale | 200 | $34,167 | $99,200 | Compare |
| Baskerville | 202 | $0 | $0 | Compare |
| Bobtown | 196 | $0 | $587,500 | Compare |
| Cats Bridge | 204 | $0 | $110,400 | Compare |
| Fairview Beach | 204 | $97,308 | $0 | Compare |
| Mount Clifton | 196 | $0 | $0 | Compare |
| Belspring | 191 | $58,893 | $324,300 | Compare |
| Surry | 188 | $88,750 | $231,800 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Virginia
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Monterey
What is the population of Monterey, VA?
The population of Monterey, VA is 200 according to the latest Census data.
What is the median household income in Monterey?
The median household income in Monterey, VA is $58,656 per year.
What is the median home value in Monterey?
The median home value in Monterey, VA is $143,800.
What is the average rent in Monterey?
The median monthly rent in Monterey, VA is $1,006.
What is the unemployment rate in Monterey?
The unemployment rate in Monterey, VA is 0.0%.