Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Monterey, CA

Comprehensive demographics, housing data, local amenities, and economic statistics for Monterey.

← Back to Monterey Hub

Community Insights

Amenity Score
87/100
highly walkable area
Veteran Community
14% of residents
top 3% nationally
Leading Industries
Healthcare · Arts, Food & Hospitality · Education
17% healthcare
Home Value Growth⬆⬆
+17.9% over 2 years
Young Adults
41% of residents
top 2% nationally
Renters
64% of occupied units

People & Demographics

Total Population29,721
Households
Under 18
15.0%
Age 18–34
41.0%
Age 35–64
25.0%
Age 65+
19.0%
Veterans
14.0%
Active Duty
16.0%

Housing & Living

Median Home Value$1,063,575
Median Gross Rent$2,645/mo
Owner Occupied
36.3%
Renter Occupied
63.7%
Detached Homes
Built Pre-1940

Economy & Income

Median Household Income$109,190
Poverty Rate

Key Industries

Healthcare17.0%
Professional Services1.0%
Manufacturing0.0%
Retail5.0%
Education3.0%

Amenities & Transit

Transit Score86 / 100
Walkability / Amenities87 / 100
Commute < 15m
Commute 60m+

Education

High School Grad
Bachelor's Degree
30.0%
Master's or Higher
19.0%
School Enrollment

Frequently Asked Questions

What is the population and demographic makeup of Monterey?

The total population of Monterey is approximately 29,721. The community has a large population of young adults (18-34). This demographic data is sourced from the U.S. Census Bureau.

Is Monterey walkable and transit-friendly?

Based on local geographic data, Monterey has an amenity and walkability score of 87/100 and a transit score of 86/100. This indicates it is a highly walkable area with excellent access to local businesses, restaurants, and daily errands.

Do more people rent or own homes in Monterey?

The housing market in Monterey is predominantly driven by renters, with 36% of housing units being owner-occupied and 64% being renter-occupied.

What is the education level of residents in Monterey?

In Monterey, approximately 30% of adult residents hold a bachelor's degree or higher. Additionally, 19% of the population holds a master's degree or higher. This indicates the local educational attainment compared to state and national averages.