Monterey vs Los Angeles
| Monterey | Los Angeles | |
|---|---|---|
| Population | 30,007 | 3,881,041 |
| Median Household Income | $102,846 | $81,939 |
| Median Home Value | $1,076,300 | $921,200 |
| Median Gross Rent | $2,353/mo | $1,933/mo |
| Homeownership Rate | 36.2% | 36.0% |
| Unemployment Rate | 4.8% | 8.2% |
| Bachelor's Degree or Higher | 52.9% | 38.5% |
| Median Age | 37.5 | 37.2 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.