California · Census place 48914
Monterey Park city, CA
Quick answer
Monterey Park city has 59,639 residents, ranking #157 of 1618 places in California. Median household income is $77,605, the median home is worth $818,300 and median gross rent runs $1,845 a month.
- Population
- 59,639Monterey Park city residents
- Median household income
- $77,605Past 12 months, inflation adjusted
- Median home value
- $818,300Owner-occupied units
- Median gross rent
- $1,845Rent plus utilities, monthly
- Median age
- 45.5 yrsAll residents
- Homeownership rate
- 51.9%Owner-occupied households
What the numbers mean in Monterey Park city
Housing cost measured against local earnings.
A household earning the Monterey Park city median would spend about 28.5% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 10.5× the median household income; nationally that ratio sits near 4.5×. Poverty affects 13.2% of residents and 51.9% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in California.
- Pico Rivera city 60,821
- San Rafael city 60,604
- Gardena city 59,765
- Santee city 59,485
- Hanford city 59,389
- Petaluma city 59,321
- Cupertino city 58,886
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