How many renters in Monterey, TN pay more than 30% of their income on rent?

Name: Rent burden in Monterey, TN, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

51.1% (±16.3 points) of renting households in Monterey, TN spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).

42.9% spend 35% or more.

The median renting household spends 30.6% of its income on rent.

Figures last updated on November 12, 2026.

Paying 30% or more: 51.1% (±16.3 points)
Paying 35% or more: 42.9% (±14.9 points)
Median share of income: 30.6% (±12.4 points)

Rent as a share of income in Monterey

Renting households by gross rent as a percentage of household income, 2020–2024
Share of income spent on rent	Monterey	Putnam County	Tennessee	United States
Less than 15%	10.8% (±6.1 points)	10.6%	13.7%	12.6%
15% to 19.9%	22.4% (±13.2 points)	14.1%	12.5%	12.2%
20% to 24.9%	13.1% (±9.6 points)	14.3%	13.2%	12.6%
25% to 29.9%	2.6% (±3.4 points)	12.0%	11.7%	11.5%
30% to 34.9%	8.2% (±6.5 points)	8.0%	9.1%	9.2%
35% or more	42.9% (±14.9 points)	41.1%	39.7%	41.9%

Households whose income could not be measured against their rent (for example, those reporting no income) are left out of these shares, as the Census Bureau leaves them out.

Monterey against Putnam County, its state and the nation

Estimate (90% margin of error)
	Monterey	Putnam County	Tennessee	United States
Paying 30% or more	51.1% (±16.3 points)	49.1% (±4.9 points)	48.8% (±0.6 points)	51.1%
Paying 35% or more	42.9% (±14.9 points)	41.1% (±4.4 points)	39.7% (±0.5 points)	41.9%
Median share of income	30.6% (±12.4 points)	29.6% (±2.0 points)	29.5% (±0.2 points)	30.6%
Median renter household income	$40,438 (±$16,519)	$36,647 (±$3,003)	$46,745 (±$535)	$52,966
Median gross rent	$715 (±$123)	$908 (±$34)	$1,189 (±$7)	$1,413

In Monterey, the share of renters paying 30% or more of income is not measurably different from Putnam County (49.1%).

It is not measurably different from Tennessee (48.8%).

It is not measurably different from the national figure (51.1%).

In Putnam County, Monterey ranks 4 of 4 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.

Statewide, it ranks 119 of 403.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

Renters paying 30% or more of income in places near Monterey

Nearest places with a published estimate, compared with Monterey
Place	Distance	Renters paying 30% or more of income	Compared with this place
Monterey	—	51.1% (±16.3 points)	—
Algood	11 mi	67.5% (±26.6 points)	Not measurably different
Pleasant Hill	12 mi	52.7% (±54.3 points)	Not measurably different
Cookeville	14 mi	51.3% (±5.8 points)	Not measurably different
Livingston	17 mi	44.2% (±18.3 points)	Not measurably different
Grimsley	17 mi	0.0% (±90.1 points)	Not measurably different
Crossville	19 mi	39.4% (±10.8 points)	Not measurably different
Sparta	19 mi	19.0% (±11.7 points)	Lower
Dodson Branch	19 mi	0.0% (±79.1 points)	Not measurably different

Nearby places with a measurably lower figure: Sparta, TN (19.0%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Renters paying 30% or more of income across Putnam County, place by place

Rank	Place	Renters paying 30% or more of income
1	Algood	67.5% (±26.6 points)
2	Baxter	59.1% (±25.1 points)
3	Cookeville	51.3% (±5.8 points)
4	Monterey	51.1% (±16.3 points)

Survey years: 2020–2024 (American Community Survey 5-year estimates).

Margins of error are at the 90% confidence level.

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Questions about Monterey

Are renters in Monterey rent-burdened?

51.1% of renting households in Monterey pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).

What share of income do renters in Monterey spend on rent?

The median renting household in Monterey, TN spends 30.6% (±12.4 points) of its household income on gross rent.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Monterey town, Tennessee (place:49760, in state:47).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The API needs a free key.

Request a Census API key.

DP04_0136E, DP04_0136M, DP04_0137PE, DP04_0137PM, DP04_0138PE, DP04_0138PM, DP04_0139PE, DP04_0139PM, DP04_0140PE, DP04_0140PM, DP04_0141PE, DP04_0141PM, DP04_0142PE, DP04_0142PM, B25071_001E, B25071_001M, B25119_003E, B25119_003M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.