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Monterey, CA 93940 has a population of approximately 32,554 and experiences a population change rate of -0.87%. The population density is 1,588.6 / sq mi .
The median household income for Monterey, CA 93940 is $91,165, with 14,534 households and an average household size of 2.19.
The median value of a home in Monterey, CA 93940 is $1,056,800 with an appreciation rate of 14.70%. 36.79% of housing in the state is owned while 54.21% is rented.
The cost of living in Monterey, CA 93940 is 191.9 %.
The unemployment rate in Monterey, CA 93940 is 7.30%, and recent job growth is at 3.89%. Future job growth is projected at 45.01%.
The sales tax rate in Monterey, CA 93940 is 9.25%, while the income tax rate is 9.30% .
School expenditures in Monterey, CA 93940 are $15,375, and the school ratio is 21.7:1.
The average high temperature in July is 66.5 degrees, with an average low temperature in January of 42.6 degrees. The average rainfall is approximately 18.2 inches per year, with 0.1 inches of snow per year.