Monterey Park, CA
Population 59,639 · California
About Monterey Park, CA
Monterey Park is a mid-sized city in California with a population of 59,639 residents. The median household income is $77,605 per year, which is above the national average. The median age in Monterey Park is 45.5 years.
Housing in Monterey Park has a median home value of $818,300 and median monthly rent of $1,845. Of the 22,081 total housing units, the majority are owner-occupied, with 10,762 owner-occupied and 9,975 renter-occupied units.
The unemployment rate in Monterey Park is 5.7% and the poverty rate is 13.2%. 34.9% of residents hold a bachelor's degree or higher. The average commute time is 29.1 minutes.
Cost of Living in Monterey Park, CA
Compared to national averages, Monterey Park has a median household income of $77,605 (3% above the national median of $75,149). Home values average $818,300, which is 234% above the national median. Monthly rent at $1,845 is 59% above the US average of $1,163. Within California, Monterey Park's income is 21% below the state average of $97,829, and home values are 25% above the state median of $653,874.
Why Live in Monterey Park, CA?
Monterey Park offers a strong local economy with a median household income of $77,605, well above the national average, and a well-educated community where 34.9% of residents hold a bachelor’s degree or higher.
Potential considerations include a competitive housing market where the typical home costs $818,300. However, as a mid-sized city, Monterey Park provides access to a wide range of amenities and services.
Monterey Park has a population of 59,639 with a median age of 45.5 years. Compare Monterey Park with other cities to see how it stacks up, or explore all cities in California.
Similar Cities Near Monterey Park
Cities in California with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Gardena | 59,765 | $79,291 | $667,600 | Compare |
| Santee | 59,485 | $105,613 | $653,400 | Compare |
| Hanford | 59,389 | $73,544 | $323,600 | Compare |
| Petaluma | 59,321 | $109,823 | $834,900 | Compare |
| Cupertino | 58,886 | $231,139 | $2,000,001 | Compare |
| San Rafael | 60,604 | $109,317 | $1,246,200 | Compare |
| Gilroy | 58,561 | $131,554 | $975,800 | Compare |
| Pico Rivera | 60,821 | $86,956 | $621,400 | 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.
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Frequently Asked Questions about Monterey Park
What is the population of Monterey Park, CA?
The population of Monterey Park, CA is 59,639 according to the latest Census data.
What is the median household income in Monterey Park?
The median household income in Monterey Park, CA is $77,605 per year.
What is the median home value in Monterey Park?
The median home value in Monterey Park, CA is $818,300.
What is the average rent in Monterey Park?
The median monthly rent in Monterey Park, CA is $1,845.
What is the unemployment rate in Monterey Park?
The unemployment rate in Monterey Park, CA is 5.7%.