Monterey, CA
Full City Profile · California · Monterey County County
2.9
/5.0
C+
Fair
29,772
Population
3,442/sq mi density
$104,110
Median Income
$62,541 per capita
$1,003,300
Home Value
$1,159,526 Zillow
$2,288
Median Rent
31.9% income on rent
57°F
Avg Temperature
386
Violent Crime/100K
1,799 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
A
Economy
4.3 / 5.0
$104,110 median income, 5.5% unemployment
F
Affordability
1.2 / 5.0
$1,003,300 home value, $2,288/mo rent
F
Safety
1.0 / 5.0
386 violent crimes/100K (1% above avg)
A+
Education
5.0 / 5.0
54.4% bachelor's degree or higher
Income Overview
Median Household Income
$104,110
39% above
US avg: $75,149
Per Capita Income
$62,541
60% above
US avg: $39,052
Unemployment Rate
5.5%
53% above
US avg: 3.6%
Poverty Rate
8.0%
35% below
US avg: 12.4%
Income Comparison: Monterey vs. U.S. Average
Each bar shows Monterey’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$104,110
139%
Per Capita
US: $39,052
$62,541
160%
IRS Avg AGI
US: $72,000
$86,133
120%
Avg Weekly Wage
US: $1,432
$1,180
82%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,180
18% below US avg ($1,432)
Mean Commute Time
19 min
33% below US avg (28 min)
Work From Home
20.5%
35% above US avg (15.2%)
Drive Alone
58.3%
20% below US avg (73.2%)
Public Transit
3.2%
36% below US avg (5.0%)
County GDP
$38,345M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
58.3%
Public Transit
3.2%
Work From Home
20.5%
Other
18%
Average commute time
19 minutes
US avg: 28 min
Business Landscape
Total Establishments
15,844
Restaurants
1,118
Healthcare
1,013
Retail
1,276
Manufacturing
284
Tax & Financial
IRS Avg Adjusted Gross Income
$86,133
20% above US avg ($72,000)
Avg Property Tax
$9,044
158% above US avg ($3,500)
Cost of Living Index
110.7
Above national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $104,110 |
| Per Capita Income | $62,541 |
| IRS Avg Adjusted Gross Income | $86,133 |
| Avg Weekly Wage | $1,180 |
| County GDP | $38,345M |
Hardship Indicators
| Unemployment Rate | 5.5% |
| Poverty Rate | 8.0% |
| Gini Coefficient | 0.460 |
| Cost of Living Index | 110.7 |
Commute
| Mean Commute | 19 minutes |
| Drive Alone | 58.3% |
| Public Transit | 3.2% |
| Work From Home | 20.5% |
Businesses
| Total Establishments | 15,844 |
| Restaurants | 1,118 |
| Healthcare | 1,013 |
| Retail | 1,276 |
| Manufacturing | 284 |
Tax
| IRS Avg AGI | $86,133 |
| Avg Property Tax | $9,044 |