Median Household Income
$81,855 ± $6,502
Median Home Value
$863,000 ± $16,202
Median Gross Rent
$1,888 ± $46/mo
Per Capita Income
$39,857
Poverty Rate
12.4%
Unemployment Rate
6.0%
Homeownership Rate
51.6%
Bachelor's Degree or Higher
36.2%
Median Age
45.5
Average Commute
23 min
Households
20,646
Veterans
1,077
Population Over Time
Monterey Park shrank 3.0% from 2014 to 2024.
2014
60,966
2016
61,001
2018
60,792
2020
60,597
2022
60,386
2024
59,132
Population by Race & Ethnicity
White
9.3%
Hispanic or Latino
26.5%
Black or African American
0.8%
Asian
64.8%
Nearby Cities in California
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024. Estimates carry a margin of error (shown as ±) inherent to ACS's sample-based methodology.