Income & Economy in Monterey town, TN (38574)
Median Income
$52,043
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+312
Wealth inflow
Population
8,812
Unemployment
3.8%
0.1pp above US avg
IRS migration statistics show a net inflow of about 312 for ZIP 38574 (Monterey town, TN) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.
Historical Trends in 38574 (2020–Present)
Since 2020, population declined 3.1%, median income fell 2.1% (inflation-adjusted), home values increased 4.5%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $52,043 |
| Unemployment | 3.8% |
| Establishments | 122 |
| Employees | 1,755 |