Carmel-by-the-Sea vs Los Angeles
| Carmel-by-the-Sea | Los Angeles | |
|---|---|---|
| Population | 3,239 | 3,881,041 |
| Median Household Income | $129,250 | $81,939 |
| Median Home Value | $2,000,001 | $921,200 |
| Median Gross Rent | $2,707/mo | $1,933/mo |
| Homeownership Rate | 60.1% | 36.0% |
| Unemployment Rate | 3.1% | 8.2% |
| Bachelor's Degree or Higher | 72.9% | 38.5% |
| Median Age | 68.5 | 37.2 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.