Monterey Park vs Los Angeles
| Monterey Park | Los Angeles | |
|---|---|---|
| Population | 60,386 | 3,881,041 |
| Median Household Income | $81,855 | $81,939 |
| Median Home Value | $863,000 | $921,200 |
| Median Gross Rent | $1,888/mo | $1,933/mo |
| Homeownership Rate | 51.6% | 36.0% |
| Unemployment Rate | 6.0% | 8.2% |
| Bachelor's Degree or Higher | 36.2% | 38.5% |
| Median Age | 45.5 | 37.2 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.