Carmel Valley Village, CA
Population 4,435 · California
About Carmel Valley Village, CA
Carmel Valley Village is a small town located in California with a population of 4,435 residents according to the latest US Census Bureau American Community Survey data. The median household income is $164,167 per year, which is 118% above the national median of $75,149. The median age of 57.1 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Carmel Valley Village features a median home value of $1,155,800, which is 372% above the national median of $244,900. This places Carmel Valley Village in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $2,223, 91% above the national average of $1,163/month. Of the 2,236 total housing units, 79% are owner-occupied (1,538 units) and 21% are renter-occupied (412 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Carmel Valley Village shows an unemployment rate of 5.0%, which is near the national rate of 3.7%. The poverty rate stands at 6.2%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Carmel Valley Village have an average one-way commute time of 27 minutes.
Education & Demographics
60.9% of Carmel Valley Village residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 3.2% White, 1.6% Hispanic or Latino, 0.0% Black or African American, and 1.8% Asian residents, with 6.6% of the population being foreign-born.
Cost of Living in Carmel Valley Village, CA
Compared to national averages, Carmel Valley Village has a median household income of $164,167 (118% above the national median of $75,149). Home values average $1,155,800, which is 372% above the national median. Monthly rent at $2,223 is 91% above the US average of $1,163. Within California, Carmel Valley Village's income is 68% above the state average of $97,829, and home values are 77% above the state median of $653,874.
Why Live in Carmel Valley Village, CA?
Carmel Valley Village offers a strong local economy with a median household income of $164,167, well above the national average, and a well-educated community where 60.9% of residents hold a bachelor’s degree or higher, and a low poverty rate of 6.2%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $1,155,800. However, Carmel Valley Village’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Carmel Valley Village has a population of 4,435 with a median age of 57.1 years. Compare Carmel Valley Village with other cities to see how it stacks up, or explore all cities in California.
Similar Cities Near Carmel Valley Village
Cities in California with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Mojave | 4,442 | $50,800 | $204,400 | Compare |
| Oasis | 4,455 | $36,553 | $35,600 | Compare |
| Broadmoor | 4,467 | $161,572 | $1,206,800 | Compare |
| Ivanhoe | 4,397 | $55,108 | $234,200 | Compare |
| Emerald Lake Hills | 4,396 | $250,001 | $2,000,001 | Compare |
| Brooktrails | 4,394 | $120,099 | $382,000 | Compare |
| Phoenix Lake | 4,505 | $78,750 | $455,000 | Compare |
| Guerneville | 4,522 | $84,294 | $589,600 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in California
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Carmel Valley Village With Other Cities
Frequently Asked Questions about Carmel Valley Village
What is the population of Carmel Valley Village, CA?
The population of Carmel Valley Village, CA is 4,435 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in California.
What is the median household income in Carmel Valley Village?
The median household income in Carmel Valley Village, CA is $164,167 per year, which is 118% above the national median of $75,149.
What is the median home value in Carmel Valley Village?
The median home value in Carmel Valley Village, CA is $1,155,800, which is 372% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Carmel Valley Village?
The median monthly rent in Carmel Valley Village, CA is $2,223, which is 91% above the national average of $1,163/month.
What is the unemployment rate in Carmel Valley Village?
The unemployment rate in Carmel Valley Village, CA is 5.0%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Carmel Valley Village, CA a good place to live?
Carmel Valley Village offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 4,435 and a median age of 57.1, the city appeals to established professionals and retirees.
How educated is Carmel Valley Village, CA?
60.9% of residents in Carmel Valley Village aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Carmel Valley Village?
Key cost-of-living indicators for Carmel Valley Village, CA: median home value is $1,155,800 (372% above national), median rent is $2,223/month, and median household income is $164,167. The home-value-to-income ratio is 7.0x, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in Carmel Valley Village?
The poverty rate in Carmel Valley Village, CA is 6.2%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Carmel Valley Village, CA?
Carmel Valley Village's population is 3.2% White, 1.6% Hispanic or Latino, 0.0% Black or African American, 1.8% Asian, and 0.8% two or more races. 6.6% of residents are foreign-born.