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Monterey, CA&

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0.67% growth
Median Age
Median Household Income
3.54% growth
Poverty Rate
Number of Employees
1.17% growth
Median Property Value
5.7% growth

About the photo: A private beach somewhere along Highway 1 in Monterey, California.


The economy of Monterey, CA employs 12,766 people. The economy of Monterey, CA is specialized in Arts, Entertainment, Recreation; Accommodation & Food Service; and Public Admin., which employ respectively 3.05; 1.86; and 1.58 times more people than what would be expected in a location of this size. The largest industries in Monterey, CA are Accommodation & Food Service (1,909), Educational Services (1,876), and Healthcare & Social Assistance (1,305), and the highest paying industries are Agriculture, Forestry, Fishing, Hunting ($71,304), Professional, Scientific, Tech Services ($63,510), and Transportation & Warehousing ($63,281).

Median household income in Monterey, CA is $68,511. Males in Monterey, CA have an average income that is 1.28 times higher than the average income of females, which is $56,697. The income inequality of Monterey, CA (measured using the Gini index) is 0.507 which is higher than the national average.


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Health & Safety

Insurance and Medicare coverage combined with state and county level health and safety statistics for Monterey, CA. In Monterey County, CA the age groups most likely to have health care coverage are 6-17 and 6-17, men and women, respectively. The location has a 1 to 60 primary care clinician to patient ratio and a Medicare reimbursement average per patient per year of $7,306. Monterey County, CA has the highest prevalence of homicides of any county in California.


Clinician to Patient Rates

The closest comparable data for the census place of Monterey, CA is from the county of Monterey County, CA.

Insurance Coverage by Age and Gender

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Monterey, CA is home to a population of 28,472 people, from which 90.1% are citizens. The ethnic composition of the population of Monterey, CA is composed of 18,763 White residents (65.9%), 5,095 Hispanic residents (17.9%), 2,001 Asian residents (7.03%), 1,339 Two+ residents (4.7%), and 981 Black residents (3.45%). The most common foreign languages in Monterey, CA are Spanish (2,899 speakers), Arabic (545 speakers), and Italian (457 speakers), but compared to other places, Monterey, CA has a relative high number of Italian (457 speakers), Japanese (294 speakers), and Arabic (545 speakers).


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In 2015 universities in Monterey, CA awarded 3,434 degrees. The student population of Monterey, CA is skewed away from females, with 2,485 male students and 949 female students. Most students in Monterey, CA are White (1,752 and 51%), followed by Unknown (598 and 17.4%), Hispanic or Latino (373 and 10.9%), and Asian (205 and 5.97%). The largest universities in Monterey, CA by number of graduates are Naval Postgraduate School (2,429 and 70.7%), Monterey Peninsula College (656 and 19.1%), and Monterey Institute of International Studies (349 and 10.2%). The most popular majors in Monterey, CA are General Business Administration & Management (309 and 9%), National Security Policy Studies (249 and 7.25%), and Systems Engineering (227 and 6.61%). The median tuition costs in Monterey, CA are $38,250 for private four year colleges, and N/A and N/A respectively, for public four year colleges for in-state students and out-of-state students.



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Housing & Living

The median property value in Monterey, CA is $664,300, which is 3.24 times larger than the national average of $205,000. Between 2015 and 2016 the median property value increased from $628,500 to $664,300, a 5.7% increase. The homeownership rate of Monterey, CA is 35%, which is lower than the national average of 63.6%. People in Monterey, CA have an average commute time of 14.4 minutes, and they commute by Drove Alone. Car ownership in Monterey, CA is approximately the same as the national average, with an average of 2 cars per household.


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