Monterey is located close to the center of Kentucky. Monterey is part of Owen County. Monterey has 0.26 square miles of land area and 0.00 square miles of water area. As of 2010-2014, the total Monterey population is 160, which has shrunk 4.19% since 2000. The population growth rate is much lower than the state average rate of 8.45% and is much lower than the national average rate of 11.61%. Monterey median household income is $37,292 in 2010-2014 and has grown by 42.91% since 2000. The income growth rate is higher than the state average rate of 28.72% and is much higher than the national average rate of 27.36%. Monterey median house value is $58,800 in 2010-2014 and has grown by 31.84% since 2000. The house value growth rate is lower than the state average rate of 40.25% and is lower than the national average rate of 46.91%. As a reference, the national Consumer Price Index (CPI) inflation rate for the same period is 26.63%. On average, the public school district that covers Monterey is close to the state average in quality.