California · Census place 49362
Morro Bay city, CA
Quick answer
Morro Bay city has 10,717 residents, ranking #480 of 1618 places in California. Median household income is $92,553, the median home is worth $864,900 and median gross rent runs $1,820 a month.
- Population
- 10,717Morro Bay city residents
- Median household income
- $92,553Past 12 months, inflation adjusted
- Median home value
- $864,900Owner-occupied units
- Median gross rent
- $1,820Rent plus utilities, monthly
- Median age
- 52.9 yrsAll residents
- Homeownership rate
- 60.5%Owner-occupied households
What the numbers mean in Morro Bay city
Housing cost measured against local earnings.
A household earning the Morro Bay city median would spend about 23.6% 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 9.3× the median household income; nationally that ratio sits near 4.5×. Poverty affects 9.9% of residents and 60.5% 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.
- Lake Arrowhead CDP 10,746
- Placerville city 10,730
- Sonoma city 10,726
- Soquel CDP 10,691
- Calimesa city 10,680
- Potomac Park CDP 10,634
- Delhi CDP 10,525
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