Morro Bay, CA
Population 10,717 · California
About Morro Bay, CA
Morro Bay is a mid-sized city in California with a population of 10,717 residents. The median household income is $92,553 per year, which is above the national average. The median age in Morro Bay is 52.9 years.
Housing in Morro Bay has a median home value of $864,900 and median monthly rent of $1,820. Of the 6,271 total housing units, the majority are owner-occupied, with 3,020 owner-occupied and 1,969 renter-occupied units.
The unemployment rate in Morro Bay is 8.4% and the poverty rate is 9.9%. 46.4% of residents hold a bachelor's degree or higher. The average commute time is 20.8 minutes.
Cost of Living in Morro Bay, CA
Compared to national averages, Morro Bay has a median household income of $92,553 (23% above the national median of $75,149). Home values average $864,900, which is 253% above the national median. Monthly rent at $1,820 is 56% above the US average of $1,163. Within California, Morro Bay's income is 5% below the state average of $97,829, and home values are 32% above the state median of $653,874.
Why Live in Morro Bay, CA?
Morro Bay offers a strong local economy with a median household income of $92,553, well above the national average, and a well-educated community where 46.4% of residents hold a bachelor’s degree or higher, and a low poverty rate of 9.9%, better than the national average. Additionally, the city features short commute times averaging just 20.8 minutes.
Potential considerations include a competitive housing market where the typical home costs $864,900. However, Morro Bay’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Morro Bay has a population of 10,717 with a median age of 52.9 years. Compare Morro Bay with other cities to see how it stacks up, or explore all cities in California.
Similar Cities Near Morro Bay
Cities in California with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Sonoma | 10,726 | $101,281 | $954,300 | Compare |
| Placerville | 10,730 | $70,602 | $450,600 | Compare |
| Soquel | 10,691 | $114,991 | $908,500 | Compare |
| Lake Arrowhead | 10,746 | $88,147 | $545,100 | Compare |
| Calimesa | 10,680 | $90,313 | $423,300 | Compare |
| Potomac Park | 10,634 | $45,617 | $201,200 | Compare |
| Citrus | 10,813 | $101,179 | $614,200 | Compare |
| Delhi | 10,525 | $66,306 | $338,800 | 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 Morro Bay
What is the population of Morro Bay, CA?
The population of Morro Bay, CA is 10,717 according to the latest Census data.
What is the median household income in Morro Bay?
The median household income in Morro Bay, CA is $92,553 per year.
What is the median home value in Morro Bay?
The median home value in Morro Bay, CA is $864,900.
What is the average rent in Morro Bay?
The median monthly rent in Morro Bay, CA is $1,820.
What is the unemployment rate in Morro Bay?
The unemployment rate in Morro Bay, CA is 8.4%.