Monterey

Population: 29,772
Median household income: $104,110
Median home value: $1,003,300

Located in Monterey County, California, Monterey is a community with a population of 29,772. The median household income of $104,110 is above the Monterey County median ($94,486).

From 2019 to 2023, Monterey's population grew 5.0% from 28,352 to 29,772, while its median home value rose 28.2% from $782,500 to $1,003,300.

54.4% of adults 25 and older hold a bachelor's degree or higher. Owners occupy 37.9% of the area's occupied homes.

Demographics

ACS 2019–2023

Population: 29,772
Median age: 37.1 yrs
Median household income: $104,110
Median home value: $1,003,300
Median gross rent: $2,288
Housing units: 13,760
Homeownership rate: 37.9%
Bachelor's degree or higher: 54.4%
Unemployment rate: 5.5%

Trends

ACS 5-year · 2019–2023

Population

28,35229,772

Median household income

$80,694$104,110

Median home value

$782,500$1,003,300

Median gross rent

$1,793$2,288

Year	Population	Median household income	Median home value	Median gross rent
2019	28,352	$80,694	$782,500	$1,793
2020	28,575	$80,908	$813,600	$1,855
2021	30,014	$85,365	$834,700	$1,925
2022	30,007	$98,003	$929,400	$2,195
2023	29,772	$104,110	$1,003,300	$2,288

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 55.4%

5 to 179.0%

18 to 2412.0%

25 to 3420.6%

35 to 4411.6%

45 to 549.5%

55 to 6412.2%

65 to 749.6%

75 and over10.1%

	Count	Share
Under 5	1,604	5.4%
5 to 17	2,675	9.0%
18 to 24	3,576	12.0%
25 to 34	6,138	20.6%
35 to 44	3,448	11.6%
45 to 54	2,834	9.5%
55 to 64	3,629	12.2%
65 to 74	2,860	9.6%
75 and over	3,008	10.1%

Race & ethnicity

	Count	Share
White (non-Hispanic)	18,862	63.4%
Black or African American	948	3.2%
American Indian & Alaska Native	53	0.2%
Asian	1,942	6.5%
Native Hawaiian & Pacific Islander	156	0.5%
Some other race	327	1.1%
Two or more races	1,212	4.1%
Hispanic or Latino (any race)	6,272	21.1%

Educational attainment (age 25+)

No high school diploma6.1%

High school graduate12.7%

Some college or associate's26.7%

Bachelor's degree27.6%

Graduate or professional degree26.8%

	Count	Share
No high school diploma	1,344	6.1%
High school graduate	2,790	12.7%
Some college or associate's	5,860	26.7%
Bachelor's degree	6,054	27.6%
Graduate or professional degree	5,869	26.8%

Commute to work

Mean travel time to work: 19 min

Drove alone58.3%

Carpooled4.5%

Public transit3.2%

Walked10.1%

Bicycle1.7%

Worked from home20.5%

Other means1.7%

How workers get to work

	Count	Share
Drove alone	9,801	58.3%
Carpooled	754	4.5%
Public transit	531	3.2%
Walked	1,696	10.1%
Bicycle	291	1.7%
Worked from home	3,442	20.5%
Other means	286	1.7%

Travel time

	Count	Share
Under 15 min	6,322	47.3%
15 to 29 min	4,517	33.8%
30 to 44 min	1,673	12.5%
45 to 59 min	334	2.5%
60+ min	513	3.8%

Households

Average household size: 2.12
Poverty rate: 10.5% (2,786 of 26,635)

	Count	Share
Family households	6,448	51.9%
Nonfamily households	5,972	48.1%

Housing

Median year structure built: 1970

Occupancy

	Count	Share
Occupied	12,420	90.3%
Vacant	1,340	9.7%

Tenure (of occupied units)

	Count	Share
Owner-occupied	4,704	37.9%
Renter-occupied	7,716	62.1%

1-unit, detached44.5%

1-unit, attached7.1%

2 to 4 units20.6%

5 to 19 units14.3%

20 or more units13.6%

Mobile home & other0.0%

Units in structure

	Count	Share
1-unit, detached	6,121	44.5%
1-unit, attached	972	7.1%
2 to 4 units	2,829	20.6%
5 to 19 units	1,962	14.3%
20 or more units	1,876	13.6%
Mobile home & other	0	0.0%

Geography

Place GEOID: 0648872
Type (LSAD): 25
Land area: 8.64 sq mi
Water area: 3.62 sq mi
Center point: 36.6012, -121.8831