Morro Bay vs Los Angeles
| Morro Bay | Los Angeles | |
|---|---|---|
| Population | 10,766 | 3,881,041 |
| Median Household Income | $95,843 | $81,939 |
| Median Home Value | $918,200 | $921,200 |
| Median Gross Rent | $1,858/mo | $1,933/mo |
| Homeownership Rate | 65.4% | 36.0% |
| Unemployment Rate | 7.9% | 8.2% |
| Bachelor's Degree or Higher | 48.5% | 38.5% |
| Median Age | 54.3 | 37.2 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.