At a Glance
Median Income
$104,110
$62,541 per capita
Home Value
$1,003,300
Zillow: $1,143,224
Median Rent
$2,288/mo
31.9% of income on rent
Violent Crime
275/100K
3,441/100K property
Bachelor's Degree+
54.4%
93.9% high school+
Unemployment
3.0%
8.0% poverty rate
Obesity Rate
27.0%
9.4% smoking rate
Avg Temperature
57°F
323 sunny days/yr
How Monterey Compares to the U.S. Average
Each bar shows Monterey's value as a percentage of the national average (100% = U.S. avg)
Thin vertical line = U.S. national average (100%)
Is Monterey a Good Place to Live?
B
3.0 / 5.0 — Good
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Monterey residents earn a median household income of $104,110 , which is 39% above the national average of $75,149.
Per capita income is $62,541. The unemployment rate stands at 3.0% (17% below the U.S. rate of 3.6%). 8.0% 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 Monterey is $1,003,300 , 256% above the national median of $281,900.
Zillow estimates the typical home at $1,143,224. Median rent is $2,288/month, with 31.9% 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 1969.
Safety & Crime
Monterey reports 275 violent crimes per 100,000 residents
, which is 28% below the national average of 380/100K.
Property crime is 3,441/100K. The murder rate is 0.0/100K.
Education
54.4% of adults in Monterey hold a bachelor's degree or higher
(61% above the national average).
93.9% have completed high school. Local schools score 3.8/10 in standardized testing.
Climate & Weather
Monterey has an average annual temperature of 57°F (14°C).
Winters average 52°F in January while summers reach 60°F in July. The area gets 323 sunny days per year. Annual precipitation totals 20.4 inches. Air quality is rated Good with a median AQI of 39.
Data Overview
People
Population29,772
Median Age37.1 yrs
Density3,442/mi²
Male / Female50% / 50%
Foreign Born13.6%
Veterans7.3%
Economy
A+
Median Income$104,110
Per Capita$62,541
Unemployment3.0%
Poverty8.0%
County GDP$38,345M
Avg Weekly Wage$1,180
Housing
F
Home Value$1,003,300
Rent$2,288
Ownership37.9%
Zillow$1,143,224
Housing Units13,988
Rent Burden31.9%
Crime
F
Violent275/100K
Property3,441/100K
Murder0.0/100K
Assault155/100K
Burglary448/100K
Health
Obesity27.0%
Diabetes8.1%
Smoking9.4%
Heart Disease4.5%
Premature Death6,114/100K
Climate
Avg Temp57°F
Sunny Days323/yr
Rain20.4 in/yr
AQI39 (Good)
Elevation6 ft
Education
A+
Bachelor's+54.4%
High School+93.9%
Graduate+24.6%
School Score3.8/10
Community
2024 VoteR 34% / D 63%
Commute19 min
Broadband94.4%
Internet Speed85 Mbps
EV Stations29
Libraries28
Did You Know?
The median home in Monterey was built in 1969.
20.5% work from home.
The nearest airport is Monterey Regional (2 miles).
The Gini coefficient (income inequality) is 0.460 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively High" by FEMA.
10.7% of the population has a disability.
13.6% of residents are foreign-born.
There are 1,118 restaurants in the area.
The county recorded 49 fatal vehicle crashes.