Monterey Park, CA has a population of 61,001 people with a median age of 43.8 and a median household income of $54,008. Between 2015 and 2016 the population of Monterey Park, CA declined from 61,085 to 61,001, a 0.14% decrease and its median household income declined from $54,097 to $54,008, a 0.16% decrease.
The population of Monterey Park, CA is 64.9% Asian, 28.4% Hispanic, and 4% White. 76% of the people in Monterey Park, CA speak a non-English language, and 80.6% are U.S. citizens.
The largest universities in Monterey Park, CA are East Los Angeles College, with 4,262 graduates, N/A, with N/A graduates, and N/A, with N/A graduates.
The median property value in Monterey Park, CA is $532,700, and the homeownership rate is 52.2%. Most people in Monterey Park, CA commute by Drove Alone, and the average commute time is 28.6 minutes. The average car ownership in Monterey Park, CA is 2 cars per household.
Monterey Park, CA is a census place located in Los Angeles County, CA. It borders Alhambra, CA; East Los Angeles, CA; Los Angeles, CA; Montebello, CA; Rosemead, CA; San Gabriel, CA; South San Gabriel, CA& 2 more.
The economy of Monterey Park, CA employs 27,661 people. The economy of Monterey Park, CA is specialized in Wholesale trade; Utilities; and Other services, except public administration, which employ respectively 1.97; 1.47; and 1.4 times more people than what would be expected in a location of this size. The largest industries in Monterey Park, CA are Healthcare & Social Assistance (3,974), Retail trade (2,803), and Accommodation & Food Service (2,590), and the highest paying industries are Utilities ($90,750), Professional, Scientific, Tech Services ($57,371), and Finance & Insurance ($43,048).
Median household income in Monterey Park, CA is $54,008. Males in Monterey Park, CA have an average income that is 1.26 times higher than the average income of females, which is $37,684. The income inequality of Monterey Park, CA (measured using the Gini index) is 0.458 which is lower than the national average.
Insurance and Medicare coverage combined with state and county level health and safety statistics for Monterey Park, CA. In Los Angeles 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 72 primary care clinician to patient ratio and a Medicare reimbursement average per patient per year of $11,222. Monterey County, CA has the highest prevalence of homicides of any county in California.
Monterey Park, CA is home to a population of 61,001 people, from which 80.6% are citizens. The ethnic composition of the population of Monterey Park, CA is composed of 39,581 Asian residents (64.9%), 17,317 Hispanic residents (28.4%), 2,439 White residents (4%), 898 Two+ residents (1.47%), and 266 Hawaiian residents (0.44%). The most common foreign languages in Monterey Park, CA are Chinese (24,591 speakers), Spanish (11,674 speakers), and Vietnamese (2,220 speakers), but compared to other places, Monterey Park, CA has a relative high number of Chinese (24,591 speakers), Japanese (1,714 speakers), and Mon-Khmer, Cambodian (616 speakers).
In 2015 universities in Monterey Park, CA awarded 4,262 degrees. The student population of Monterey Park, CA is skewed towards females, with 1,679 male students and 2,583 female students. Most students in Monterey Park, CA are Hispanic or Latino (2,858 and 67.1%), followed by Asian (681 and 16%), Unknown (346 and 8.12%), and White (104 and 2.44%). The largest universities in Monterey Park, CA by number of graduates are East Los Angeles College (4,262 and 100%), N/A (N/A and N/A), and N/A (N/A and N/A). The most popular majors in Monterey Park, CA are General Social Sciences (793 and 18.6%), Biological & Physical Sciences (197 and 4.62%), and Criminal Justice - Police Science (141 and 3.31%). The median tuition costs in Monterey Park, CA are N/A 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.
The median property value in Monterey Park, CA is $532,700, which is 2.6 times larger than the national average of $205,000. Between 2015 and 2016 the median property value increased from $501,300 to $532,700, a 6.26% increase. The homeownership rate of Monterey Park, CA is 52.2%, which is lower than the national average of 63.6%. People in Monterey Park, CA have an average commute time of 28.6 minutes, and they commute by Drove Alone. Car ownership in Monterey Park, CA is approximately the same as the national average, with an average of 2 cars per household.