The median home value in Monterey, MA 01245 is $651,300. This is higher than the county median home value of $321,900. The national median home value is $338,100. The average price of homes sold in Monterey, MA 01245 is $651,300. Approximately 42.22% of Monterey, MA 01245 homes are owned, compared to 1.99% rented, while 55.79% are vacant. Monterey, MA 01245 real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you're interested in, contact a Monterey, MA 01245 real estate agent to arrange a tour today!
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Monterey, MA 01245 has a population of approximately 803 and experiences a population change rate of -16.00%. The population density is 28.7 / sq mi.
The median household income for Monterey, MA 01245 is $101,488, with 355 households and an average household size of 2.07.
The cost of living index in Monterey, MA 01245 is 137.6%.
The median value of a home in Monterey, MA 01245 is $651,300 with an appreciation rate of 14.6%. 42.2% of housing in the zip code is owned while 2.0% is rented.
The unemployment rate in Monterey, MA 01245 is 3.00%, and recent job growth is at -2.42%. Future job growth is projected at 34.10%.
The sales tax rate in Monterey, MA 01245 is 6.25%, while the income tax rate is 5.00%.
School expenditures in Monterey, MA 01245 are $23,370, and the school ratio is 10.3:1.
The average high temperature in July is 78.9 degrees, with an average low temperature in January of 11.5 degrees. The average rainfall is approximately 49.4 inches per year, with 64.1 inches of snow per year.
Metric | City | County |
---|---|---|
High School Graduates | 91.74 | 93.04 |
College Degree - 2 year | 3.52 | 9.11 |
College Degree - 4 year | 59.33 | 36.07 |
Graduate Degree | 13.46 | 11.35 |
Expenditures per Student | $23,370 | $23,370 |
Students per Teacher | 10.30 | 10.30 |
School | Grades | Students | P/T Ratio | ZIP |
---|---|---|---|---|
Farmington River Elementary School | PK - 06 | 129 | 8.7 | 01253 |
Lee Elementary School | PK - 06 | 348 | 10.1 | 01238 |
Muddy Brook Regional Elementary School | PK - 04 | 385 | 11.3 | 01230 |
School | Grades | Students | P/T Ratio | ZIP |
---|---|---|---|---|
Monument Valley Regional Middle School | 05 - 08 | 403 | 12.4 | 01230 |
School | Grades | Students | P/T Ratio | ZIP |
---|---|---|---|---|
Lee Middle/High School | 07 - 12 | 335 | 9.5 | 01238 |
Monument Mount Regional High School | 09 - 12 | 552 | 11.8 | 01230 |