Monterey Park, CA Local Data & Statistics

State: CA

Total population: 59,132 Household income: $81,855 Rent: $1,888

Overview

Total population

59,132

Rent

$1,888

Year built

1963

Household income

$81,855

Per capita income

$39,857

Poverty rate

12.4%

Unemployment rate

5.0%

Household size

2.9 persons

Rent over 30% of income

53.9%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

Data are sourced from the American Community Survey (ACS) 5-Year Estimates, 2024 release — the latest dataset currently available, with the exception of the unemployment rate, which is sourced from the Bureau of Labor Statistics (BLS). ACS 5-year estimates are published annually, about 6–12 months after the end of each reference year.

Demographics

State

California

Total population

59,132

Adults over 25

45,041

Total households

20,646

Household size

2.9 persons

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

Income & Poverty

Household income

$81,855

Per capita income

$39,857

Poverty rate

12.4%

Unemployment rate

5.0%

Rent over 30% of income

53.9%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

Housing

Rent

$1,888

Year built

1963

Households that rent

48.4%

Households that own

51.6%

Rooms per home (all homes)

4.7

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

Race

White

9.3%

Black

0.8%

Asian

64.8%

Two or more races

9.2%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

Ethnicity

Hispanic or Latino

26.5%

Not Hispanic or Latino

73.5%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

Commute

Commute rate

82.4%

Commute time to work

28 mins

Work from home

17.6%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

Education

Less than high school

29.8%

High school graduate or GED

23.7%

Some college or associate degree

10.3%

Bachelor’s degree or higher

36.2%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

Comparison of Monterey Park, CA with: California United States

Monterey Park, CA

Total population59,132

Rent$1,888

Year built1963

Household income$81,855

Per capita income$39,857

Poverty rate12.4%

Unemployment rate5.0%

California State

Total population39,287,377

Rent$2,036

Year built1976

Household income$99,122

Per capita income$49,513

Poverty rate12%

Unemployment rate5.3%

United States

Total population334,922,499

Rent$1,413

Year built1980

Household income$80,734

Per capita income$44,673

Poverty rate12.5%

Unemployment rate4%

Metric	CityMonterey Park, CA	StateCalifornia	CountryUnited States
Total population	59,132	39,287,377	334,922,499
Rent	$1,888	$2,036	$1,413
Year built	1963	1976	1980
Household income	$81,855	$99,122	$80,734
Per capita income	$39,857	$49,513	$44,673
Poverty rate	12.4%	12%	12.5%
Unemployment rate	5.0%	5.3%	4%

View the complete comparison of Monterey Park, CA, California and United States →

Summary for Monterey Park, CA

Monterey Park is located in California.

Rent & Income

In Monterey Park, the typical monthly rent is $1,888 and the typical household income is $81,855. Rent here is lower than California and higher than the U.S., and household income is lower than California and similar to the U.S. The estimated poverty rate is 12.4%, which is similar to both the California rate and the national rate.

Housing & Affordability

Renters make up about 48.4% of households, indicating a relatively balanced mix of renters and owners. About 53.9% of renters spend more than 30% of their income on housing, indicating high cost burden.

Education & Employment

Educational attainment is high, with about 36.2% of adults holding a bachelor’s degree or higher. The local unemployment rate is 5.0%, which is lower than California and higher than the national rate.

Monterey Park, CA — Rent vs Household Income

Monterey Park, CA — Poverty vs Unemployment

How Monterey Park, CA compares in California (180 places)

Metric	This place	Rank	Starts from	Statewide range
Rent	$1,888	60 / 180	from lower rent	$1,148 – $3,501
Household income	$81,855	138 / 180	from higher income	$57,719 – $234,707
Poverty rate	12.4%	121 / 180	from lower poverty	4.1% – 26.5%
Unemployment rate	5%	112 / 180	from lower unemployment	2.9% – 18.2%

Rankings are calculated among cities and communities in California with total population > 50,000 (year 2024).

Detailed Ranking Explanation for Monterey Park, CA

Rent

In rent comparisons, Monterey Park comes in 60th out of 180 large places. Across California, rents vary from $1,148 in Porterville, CA to $3,501 in Cupertino, CA.

Household income

In terms of household income, Monterey Park comes in 138th among 180 major places. Across California, income levels vary from $57,719 in Hemet, CA to $234,707 in Cupertino, CA.

Poverty rate

For poverty rates, Monterey Park is ranked 121st among 180 major areas. Across California, poverty runs from 4.1% in Cupertino, CA to 26.5% in Davis, CA.

Unemployment rate

Unemployment levels put Monterey Park in 112th place among 180 large places. Statewide unemployment spans from 2.9% in Santa Barbara, CA to 18.2% in Delano, CA.

💰 Rent in Monterey Park, CA (with Utilities)

Estimated Monthly Rent: $1,888 ℹ️ What’s Included:
✅ Base rent, electricity, gas, water/sewer, and heating fuels
❌ Not included: internet, cable TV, renter's insurance, parking

💡 What does this rent estimate mean?

Explanation: This estimate shows what renters typically pay each month for housing, including the apartment or home and essential utilities such as heat, water, and electricity. Even when utilities are billed separately, an estimated average cost for utilities is included, in line with the U.S. Census Bureau’s (ACS) definition of gross rent.

Included in this number: Rent plus electricity, gas, water/sewer, and heating fuel.

Not included: Internet, cable, parking, renter’s insurance, or furniture rental.

Note: This cost does not depend on the number of people living in the home.

👨‍👧‍👦 Household Income in Monterey Park, CA

Annual Household Income: $81,855

💡 What does Household Income mean?

Definition: This represents the middle value of all household incomes in this area — half of households earn less, and half earn more.

Includes: wages, salaries, self-employment income, Social Security, pensions, investments, unemployment, public assistance, and rental income.

Does NOT include: capital gains, non-cash benefits (like food stamps), or tax refunds.

Household = any group of people (or a single person) living in the same housing unit.

Example: A couple earning $40,000 and $30,000 together have a household income of $70,000. If that's in the middle of all local incomes, it's the value shown here.

📉 Poverty Rate in Monterey Park, CA

Estimated Rate: 12.4%

💡 What does the Poverty Rate represent?

Definition: The percentage of people in this area living below the federal poverty threshold.

How it works: The threshold is a dollar amount set by the U.S. Census Bureau that varies by family size and age. If a household's income is below that level, everyone in it is included in this rate.

Example: In a town of 10,000 people, if 1,500 have incomes below the poverty line, the poverty rate is 15%.

Note: This statistic only includes people living in households; it does not count those in student housing, military barracks, or nursing homes.

🏘️ Renter vs. Owner Households in Monterey Park, CA

In Monterey Park, CA, households that rent: 9,997 (48.4%)

📊 What does the renter household percentage reveal about this area?

Household Type	Count	Share
Renter-Occupied	9,997	48.4%
Owner-Occupied	10,649	51.6%

Definition: This is the percentage of households that rent their home rather than own it. It includes only occupied housing units.

Why it matters: Areas with a high share of renter households often have younger populations, higher mobility, and different housing needs compared to mostly owner-occupied areas.

Example: If 65% of homes in an area are renter-occupied, it means 65 out of every 100 households rent their home.

📉 Renters Spending Over 30% of Income on Rent in Monterey Park, CA

In Monterey Park, CA, cost-burdened renters (households spending over 30% of income on housing): 5,393 (53.9%)

🏚️ What Does It Mean When Renters Spend Over 30% of Their Income on Housing?

Household Group	Households	Share
Cost-burdened renters (over 30%)	5,393	53.9%
Other renter households	4,604	46.1%
Total renter households	9,997	100%

Shares are calculated as a percentage of renter households.

This shows how many renters in this area are considered cost-burdened — meaning they spend more than 30% of their income on housing (rent and basic utilities).

It’s a sign that housing might be unaffordable in the area or that lower-income residents may be struggling with rent.

Data comes from the U.S. Census Bureau’s American Community Survey.

📊 Education Levels in Monterey Park, CA

Less than High School: 13,401 people (29.8%)

Includes adults who did not complete high school.

High School Graduate or GED: 10,693 people (23.7%)

Includes adults whose highest education is a high school diploma or GED.

Some College or Associate Degree: 4,629 people (10.3%)

Includes adults who attended college without completing a bachelor’s degree (some college or associate degree).

Bachelor’s Degree or Higher: 16,318 people (36.2%)

Includes adults with a bachelor’s degree or higher (bachelor’s, master’s, professional, or doctoral degree).

👥 Total Adults (25+): 45,041

📊 Unemployment Rate in Monterey Park, CA

Estimated Rate: 5.0%

💡 What does Unemployment Rate mean?

Definition: The unemployment rate is the percentage of people in the labor force who do not have a job but are actively looking for one.

Labor Force = Employed + Unemployed (aged 16+ and actively participating in the workforce).

Formula: (Unemployed ÷ Labor Force) × 100

Does NOT include: People who are retired, students not looking for work, homemakers, or otherwise not seeking employment.

Example: If there are 1000 people in the labor force and 80 are unemployed, then the unemployment rate is 8%.

Similar Population

Medford, MA59,062 Taylorsville, UT59,010 Dubuque, IA59,271 Wylie, TX58,991 Shoreline, WA59,280 Petaluma, CA59,321 Kokomo, IN59,375 Cupertino, CA58,886 Grand Forks, ND58,882 Hanford, CA59,389

ℹ️ Have questions about how these statistics are calculated? See our data methodology & FAQs

Source: ACS 5-Year Estimates (U.S. Census Bureau) — unemployment rate from BLS. Some values are derived metrics.