Carmel Valley Village, CA
Full City Profile · California · Monterey County County
Carmel Valley Village, CA
At a Glance
How Carmel Valley Village Compares to the U.S. Average
Each bar shows Carmel Valley Village's value as a percentage of the national average (100% = U.S. avg)
Is Carmel Valley Village a Good Place to Live?
Economy & Jobs
Carmel Valley Village residents earn a median household income of $164,167 , which is 118% above the national average of $75,149. Per capita income is $96,475. The unemployment rate stands at 5.0% (39% above the U.S. rate of 3.6%). 4.3% of residents live below the poverty line. The area is home to 15,844 business establishments, including 1,118 restaurants.
Housing & Cost of Living
The median home value in Carmel Valley Village is $1,155,800 , 310% above the national median of $281,900. Zillow estimates the typical home at $875,722. Median rent is $2,223/month, with 34.7% of renters spending more than 30% of income on housing. The cost of living index is 110.7 (100 = national average). The median home was built in 1964.
Education
60.9% of adults in Carmel Valley Village hold a bachelor's degree or higher (81% above the national average). 97.2% have completed high school. Local schools score 3.8/10 in standardized testing.
Climate & Weather
Carmel Valley Village has an average annual temperature of 58°F (15°C). Winters average 52°F in January while summers reach 65°F in July. Annual precipitation totals 17.9 inches. Air quality is rated Good with a median AQI of 39.