Montecito has a population of approximately 8,494 and experiences a population change rate of -15.06%. The population density is 909 / sq mi .
Montecito has a population of approximately 8,494 and experiences a population change rate of -15.06%. The population density is 909 / sq mi .
The median household income for Montecito is $193,423, with 3,207 households and an average household size of 2.3.
The median value of a home in Montecito is $4,076,000 with an appreciation rate of 0.50%. 55.80% of housing in the state is owned while 20.94% is rented.
The cost of living in Montecito is 582 %.
The unemployment rate in Montecito is 3.70%, and recent job growth is at 1.79%. Future job growth is projected at 42.99%.
The sales tax rate in Montecito is 8.75%, while the income tax rate is 9.30% .
School expenditures in Montecito are $16,705, and the school ratio is 21:1.
The average high temperature in July is 73.2 degrees, with an average low temperature in January of 43.2 degrees. The average rainfall is approximately 18.1 inches per year, with 0 inches of snow per year.