Monterey, CA — City Data, Demographics & Statistics
Monterey County · California
City DNA
A unique fingerprint for Monterey based on 8 key metrics — compared to averages.
Quick Stats
Population
29,772
2023 ACS
Median Income
$104,110
2023
Median Home Value
$1,003,300
2023
Median Rent
$2,288
2023
Median Age
37.1
Unemployment
5.5%
Cost of Living Index
207.0
100 = national avg
Monterey is a city in Monterey County, California, with a population of 29,772 according to the 2023 American Community Survey. Monterey is one of the communities in California.
The median household income in Monterey is $104,110, and the median home value is $1,003,300. The cost of living index is 207.0 (where 100 = national average), and the median rent is $2,288 per month. The unemployment rate is 5.5%, and the median age is 37.1 years.
People & Demographics
Source: U.S. Census Bureau ACS (2023)Population
Total Population
29,772
Male
14,876
50.0%
Female
14,896
50.0%
Median Age
37.1
Age Distribution
Education & Household
Bachelor's or Higher
40.0%
High School or Higher
49.4%
Foreign Born
15.7%
Veterans
5.3%
Married
41.0%
Avg Household Size
2.1
Marital Status by Age
Race & Ethnicity
Diversity Index
0.477
Simpson's Index (0-1)
Largest Group
White
67.0%
Foreign Born
15.7%
Hispanic/Latino Ethnicity
Hispanic/Latino is an ethnicity, not a race. People of any race can identify as Hispanic. This percentage overlaps with the racial categories above.
Hispanic/Latino
21.1%
6,273 people
Not Hispanic/Latino
78.9%
Hispanic/Latino Detail
Source: U.S. Census Bureau ACS (2023)Asian Detail
Source: U.S. Census Bureau ACS (2023)Native Hawaiian & Pacific Islander Detail
Source: U.S. Census Bureau ACS (2023)American Indian & Alaska Native Detail
Source: U.S. Census Bureau ACS (2023)Languages Spoken
Total Speakers (5+)
28,168
English Only
76.1%
#1 Non-English Language
Spanish
3,717 speakers
Limited English
7.7%
Language Distribution
English Proficiency
Speaks English Very Well
92.3%
Limited English Proficiency
7.7%
Veterans & Military
Total Veterans
1,594
5.4% of population
Disability Rate
35.8%
571 with disability
Veteran Median Income
$83,638
Period of Service
Veteran Age Distribution
Male Veterans
1,410
88.5%
Female Veterans
184
11.5%
Veteran vs Non-Veteran Income
Veteran Income
$83,638
Non-Veteran Income
$57,973
Difference
$25,665
44.3% higher
Disability Status
With Disability
571
Without Disability
1,023
Disability Rate
35.8%
Ancestry & Heritage
Total Reporting Ancestry
23,676
#1 Ancestry
German
14.1% (4,201)
#2 Ancestry
Irish
13.9% (4,152)
#3 Ancestry
English
12.4% (3,700)
Top 20 Ancestries
Source: U.S. Census Bureau ACS (2023)Families & Households
Total Households
12,420
Family Households
6,448
51.9%
Married Couples
5,209
41.9%
Non-Family Households
5,972
48.1%
Single Mother Households
752
6.1%
Single Father Households
487
3.9%
Living Alone
4,337
34.9%
Children Under 18
Total Children
3,693
In Married Couple
2,892
78.3%
With Single Mother
362
9.8%
With Single Father
439
11.9%
Family Income
Median Family Income
$141,522
Married Couple Income
$162,688
Single Mother Income
$76,184
Single Father Income
$61,657
Avg Family Size
2.1
Avg Non-Family Size
2.2
Grandparents w/ Grandchildren
461
Grandparents Responsible
111
Economy
Source: U.S. Census Bureau ACS (2023)Income Overview
Median Household Income
$104,110
+42% vs national
Per Capita Income
$62,541
+68% vs national
Poverty Rate
10.5%
-23% vs national
Gini Index
0.4570
0 = perfect equality
Unemployment
5.5%
+6% vs national
SNAP Recipients
6.1%
of households
How Monterey Compares
Monterey vs Similar Cities
Compared to cities with 25,000 - 50,000 residents. Monterey is highlighted.
Median Household Income
Monterey, CA has a median household income of $104,110, making it the 4,323rd highest median household income out of 28,123 cities in our database. This means that Monterey has a higher median household income than 85% of all the cities we measured.
Per Capita Income
Monterey, CA has a per capita income of $62,541, making it the 2,311th highest per capita income out of 28,123 cities in our database. This means that Monterey has a higher per capita income than 92% of all the cities we measured.
Poverty Rate
Monterey, CA has a poverty rate of 10.5%, making it the 16,085th highest poverty rate out of 31,262 cities in our database. This means that Monterey has a higher poverty rate than 49% of all the cities we measured.
Unemployment Rate
Monterey, CA has a unemployment rate of 5.5%, making it the 10,364th highest unemployment rate out of 31,012 cities in our database. This means that Monterey has a higher unemployment rate than 67% of all the cities we measured.
Where Do You Stack Up?
Enter your household income to see how you compare to other households in Monterey. The median household income here is $104,110.
Income Distribution
Employment Snapshot
Unemployment Rate
5.5%
-28% vs CA avg
Labor Force
17,944
Employed
13,495
Mean Commute
15 min
How People Get to Work
Employment by Sector
Education & Workforce
Bachelor's Degree+
40.0%
of adults 25+
High School Diploma+
49.4%
of adults 25+
Median Age
37.1
Work from Home
20.5%
of workers
Top Occupations & Wages
Source: Bureau of Labor Statistics OEWS (2024)
Data represents the Salinas, CA metro area
Highest-Paying Job
Registered Nurses
Top Median Wage
$135.1K
per year
Occupations Tracked
20
Cost of Living
Overall Index
207.0
100 = national avg
+107.0 vs national average
Living Wage (1 Adult)
$91,095
per year
Living Wage (Family of 4)
$215,315
per year
Cost Index by Category
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD
1 Bedroom
$2,232
per month
2 Bedroom
$2,684
per month
The median household income in Monterey, CA is $104,110, which is 42.2% above the national average of $73,224. Per capita income is $62,541. The poverty rate of 10.5% is lower than the CA state average of 13.0%. The Gini index of income inequality is 0.4570, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 5.5%, compared to the state average of 7.6%. The labor force is 17,944. 40.0% of adults hold a bachelor's degree or higher. The average commute time is 15 minutes, with 20.5% working from home. About 58.3% of workers drive alone to work. The overall cost of living index is 207.0, which is 107.0% above the national average. Housing costs are above the national average at an index of 340.6. A single adult needs to earn approximately $91,095 per year to cover basic expenses.
Housing & Real Estate
Market SnapshotRedfin — January 2026
Median Sale Price
$1,085,000
Median List Price
$950,000
Price Per Sq Ft
$604
Days on Market
34
Active Inventory
38
Months of Supply
3.2
Seller's market
Zillow Home Value
$1,133,733
ZHVI — January 2026
Zillow Rent Index
$2,922
ZORI — January 2026
Market CompetitivenessRedfin
Sold Above List
8.3%
Off Market in 2 Weeks
25.0%
Sale-to-List Ratio
96.2%
Buyer's market
Price TrendsRedfin
Market ActivityRedfin
Homes Sold
12
New Listings
17
Pending Sales
12
Price Per Square FootRedfin
Median Sale $/SF
$604
Median List $/SF
$760
House Price IndexFHFA
How much have housing prices increased in Monterey, CA? According to the Federal Housing Finance Agency (FHFA) House Price Index for the Salinas, CA metro area, home prices have risen 641.3% over the past 40 years. Over 20 years, prices grew 28.8%. The 10-year growth rate is 91.6%. Over the last 5 years, prices increased 42.3%. In the most recent 2-year period, the index rose 9.5%. The FHFA HPI tracks average price changes in repeat sales or refinancings of single-family properties with conforming mortgages. Because this is a metro-level index, it reflects the broader Salinas, CA housing market rather than Monterey alone.
Metro area: Salinas, CA
Monterey vs Similar CitiesCensus ACS / Redfin
Compared to cities with 25,000 - 50,000 residents. Monterey is highlighted.
Median Home Value
Monterey, CA has a median home value of $1,003,300, making it the 622nd highest median home value out of 27,993 cities in our database. This means that Monterey has a higher median home value than 98% of all the cities we measured.
Median Rent
Monterey, CA has a median rent of $2,288, making it the 942nd highest median rent out of 22,337 cities in our database. This means that Monterey has a higher median rent than 96% of all the cities we measured.
Median Price Per Sq Ft
Monterey, CA has a price per square foot of $604, making it the 731st highest price per square foot out of 20,748 cities in our database. This means that Monterey has a higher price per square foot than 96% of all the cities we measured.
Rent Burden
Monterey, CA has a rent burden of 26.4%, making it the 2,610th highest rent burden out of 21,928 cities in our database. This means that Monterey has a higher rent burden than 88% of all the cities we measured.
Census Housing DataU.S. Census Bureau ACS 2023
Median Home Value
$1,003,300
Median Rent
$2,288
Total Housing Units
13,760
Vacancy Rate
9.7%
Owner Occupied
37.9%
Renter Occupied
62.1%
Median Property Tax
$5,799
per year
Monthly Cost (w/ Mortgage)
$2,252
Housing Types
Property TaxU.S. Census Bureau ACS 2023
Median Property Tax
$5,799
per year
Effective Tax Rate
0.58%
of home value
Median Home Value
$1,003,300
Estimated Mean Tax
$6,457
The effective property tax rate is calculated by dividing the median annual property tax ($5,799) by the median home value ($1,003,300). In Monterey, CA, this works out to an effective rate of 0.58%. This is below the national average of approximately 1.1%.
The current median sale price in Monterey, CA is $1,085,000 according to Redfin data. Homes spend a median of 34 days on the market. 8.3% of homes sold above asking price. The market has 3.2 months of supply. The median price per square foot is $604. Zillow's observed rent index is $2,922/month. About 37.9% of housing units are owner-occupied. The median year homes were built is 1970. There are 13,760 total housing units. Homeowners pay a median annual property tax of $5,799. The effective tax rate is 0.58%, below the national average.
Crime Overview
Source: FBI Crime Data Explorer (2024)Violent Crime Rate
3.89
per 1,000 residents
+50% vs national
Property Crime Rate
17.82
per 1,000 residents
+4% vs national
Total Crimes
625
2024
Violent Clearance
39%
cases solved
Property Clearance
11%
cases solved
YoY Change
-16.3%
violent crime rate
improving vs 2023
How Monterey Compares
Source: FBI (2024)Monterey vs Similar Cities
Source: FBI (2024)Compared to cities with 25,000 - 50,000 residents. Monterey is highlighted in green.
Violent Crime Rate (per 1,000)
Property Crime Rate (per 1,000)
Murder Rate (per 1,000)
Crime Rate Trends
Source: FBICrime Composition
Source: FBI (2024)Violent Crime Breakdown
Property Crime Breakdown
Crime Clearance (Solve) Rates
Source: FBI (2024)Monterey police solve 42% of rape cases but only 7% of motor vehicle theft cases.
Weapon Used in Violent Crime
Source: FBI (2024)Crime Breakdown
Source: FBI Crime Data Explorer (2024)| Crime Type | Category | Count | Rate per 1K | Clearance % |
|---|---|---|---|---|
| Murder | Violent | 0 | 0.00 | N/A |
| Rape | Violent | 19 | 0.66 | 42.1% |
| Robbery | Violent | 18 | 0.63 | 38.9% |
| Aggravated Assault | Violent | 73 | 2.54 | 39.7% |
| Burglary | Property | 79 | 2.74 | 17.7% |
| Larceny/Theft | Property | 407 | 14.14 | 9.3% |
| Motor Vehicle Theft | Property | 27 | 0.94 | 7.4% |
Monterey, CA reported 112 violent crimes and 513 property crimes in 2024. The violent crime rate of 3.89 per 1,000 residents is 49.6% above the national average of 2.60 per 1,000. Law enforcement cleared 39% of violent crimes. Larceny/theft accounts for 407 of the property crime reports. Firearms were involved in 8.2% of aggravated assaults. Violent crime has been trending downward.
Crime History
Source: FBI| Year | Violent | Property | Violent Rate | Property Rate |
|---|---|---|---|---|
| 2024 | 112 | 513 | 3.89 | 17.82 |
| 2023 | 136 | 537 | 4.65 | 18.35 |
| 2022 | 113 | 675 | 3.80 | 22.72 |
| 2020 | 96 | 903 | 3.40 | 32.01 |
| 2019 | 78 | 975 | 2.75 | 34.41 |
| 2018 | 112 | 1,143 | 3.90 | 39.76 |
| 2017 | 125 | 1,206 | 4.37 | 42.19 |
| 2016 | 100 | 1,083 | 3.51 | 37.99 |
| 2015 | 136 | 998 | 4.77 | 35.03 |
Natural Hazard Risk
Source: FEMA National Risk IndexRisk Score
98.7
Relatively High
Expected Annual Loss
98.7
Score (0-100)
Social Vulnerability
54.8
Score (0-100)
Community Resilience
24.7
Score (0-100)
Scores range from 0 (lowest risk) to 100 (highest risk) relative to all U.S. communities. Data from FEMA National Risk Index.
Disaster History & Federal Spending
Source: FEMATotal Declarations
33
Public Assistance
$80.1M
Individual Assistance
$2.1M
Most Common Type
Severe Storm
8 declarations
Public Assistance by Category
| Disaster | Type | Date | PA $ | IA $ |
|---|---|---|---|---|
| Severe Winter Storms, Tornadoes, Floodin… → | Severe Storm | Apr 2024 | $939K | — |
| Severe Winter Storms, Straight-line Wind… → | Severe Storm | Apr 2023 | $12.8M | $1.5M |
| Severe Winter Storms, Flooding, Landslid… → | Flood | Mar 2023 | — | — |
| Severe Winter Storms, Flooding, Landslid… → | Flood | Jan 2023 | $12.3M | $141K |
| Severe Winter Storms, Flooding, and Muds… → | Flood | Jan 2023 | — | — |
| Wildfires → | Fire | Aug 2020 | $2.1M | $82K |
| Carmel Fire → | Fire | Aug 2020 | — | — |
| River Fire → | Fire | Aug 2020 | — | — |
| Covid-19 Pandemic → | Biological | Mar 2020 | $28.9M | $377K |
| Covid-19 → | Biological | Mar 2020 | — | — |
| Severe Winter Storms, Flooding, Landslid… → | Severe Storm | May 2019 | $77K | — |
| Severe Winter Storms, Flooding, and Muds… → | Flood | Apr 2017 | $8.2M | — |
| Severe Winter Storms, Flooding, and Muds… → | Severe Storm | Feb 2017 | $11.3M | — |
| Soberanes Fire → | Fire | Jul 2016 | — | — |
| Tsunami Waves → | Tsunami | Apr 2011 | $3.1M | — |
| Basin Fire Complex → | Fire | Jul 2008 | — | — |
| Wildfires → | Fire | Jun 2008 | $415K | — |
| Severe Freeze → | Freezing | Mar 2007 | — | — |
| Severe Storms, Flooding, Mudslides, and … → | Severe Storm(s) | Feb 2006 | $5K | — |
| Hurricane Katrina Evacuation → | Hurricane | Sep 2005 | — | — |
Showing 20 of 35 disasters
PA = FEMA Public Assistance (infrastructure recovery). IA = Individual Assistance (homeowner/renter aid).
Flood Insurance (NFIP)
Source: FEMA NFIPTotal Claims
1,492
Total Claims Paid
$42,196,084
Avg Claim Payout
$28,282
County-level NFIP data from FEMA National Flood Insurance Program.
Hazard Mitigation
Source: FEMA Hazard Mitigation AssistanceMitigation Projects
16
Federal Funding
$5,479,268
Properties Protected
12
Avg Benefit-Cost Ratio
0.88
BCR
Top Mitigation Project Types
| Project Type | Projects | Federal $ |
|---|---|---|
| 601.1: Generators | 4 | $154,699 |
| 91.1: Local Multihazard Mitigation Plan | 2 | $84,742 |
| 904.1: Advanced Assistance | 1 | $0 |
| 405.1: Other Minor Flood Control | 1 | $115,914 |
| 200.1: Acquisition of Private Real Property (Structures and Land) - Riverine | 1 | $1,214,531 |
Federally funded projects to reduce future disaster risk. Only includes completed or obligated projects.
Monterey has a relatively high overall natural hazard risk rating according to FEMA's National Risk Index. The top hazard risks are drought, landslide, earthquake. The area has had 33 federal disaster declarations. The most common disaster type is severe storm (8 declarations). 1,492 flood insurance claims have been filed in the area. FEMA has obligated $80,127,214 in public assistance recovery funding. $2,057,662 has been distributed in individual assistance to disaster-affected residents. 16 hazard mitigation projects have been funded to reduce future risk.
Health
Community Health
Source: CDC PLACES
Obesity Rate
25.6%
10.5pp below the national average
Depression Rate
21.1%
2.4pp below the national average
Diabetes Rate
8.3%
3.6pp below the national average
Uninsured Rate
6.4%
4.2pp below the national average
Health Scorecard
Higher scores indicate better health outcomes relative to the national average (50 = average)
Health Outcomes
Age-adjusted prevalence rates. Green bars indicate rates below the national average; red indicates above.
High Cholesterol
32.9%
Arthritis
20.3%
Cancer (excl. skin)
7.8%
Teeth Lost (65+)
6.6%
Health Risk Behaviors
Prevention & Screening
Green bars indicate rates above the national average (more preventive care); red indicates below.
Mental Health & Wellbeing
Frequent Mental Distress
16.2%
14+ days in past month
Depression
21.1%
Loneliness
33.5%
Lack of Support
23.0%
Disability Prevalence
Any Disability
25.4%
Mobility
10.3%
Cognitive
13.4%
Hearing
5.6%
Vision
3.9%
Self-Care
2.7%
Independent Living
6.9%
Health-Related Social Needs
Prevalence of social risk factors affecting community health
Monterey has an obesity rate of 25.6%, which is 10.5pp below the national average. The depression rate is 21.1%, 2.4pp below the national average. About 6.4% of adults lack health insurance. 72.8% of residents had an annual checkup in the past year.
Nearby Hospitals
Source: CMS Hospital Compare
Nearest Hospitals
5
With Emergency Services
4
Avg CMS Rating
2.8 / 5
Nearest Hospital
5.1 mi
Community Hospital Of The Mont...
| Hospital | Distance | Type | Rating | ER |
|---|---|---|---|---|
| Community Hospital Of The Monterey Peninsula | 5.1 mi | Acute Care Hospitals | 3/5 | Yes |
| Salinas Valley Memorial Hospital | 14.4 mi | Acute Care Hospitals | 4/5 | Yes |
| Natividad Medical Center | 16.2 mi | Acute Care Hospitals | 3/5 | Yes |
| Watsonville Community Hospital | 24.8 mi | Acute Care Hospitals | 1/5 | Yes |
| Santa Cruz County Psychiatric Health Facility | 26.4 mi | Psychiatric | — | — |
Climate & Environment
Water Systems
Source: EPA SDWISWater Systems
3
Pop. Served
803
Violations (5yr)
5
| System Name | Pop. Served | Violations (5yr) |
|---|---|---|
| CSP-PFEIFFER BIG SUR | 585 | 0 |
| MERRILL GARDENS IRIS CANYON WS | 161 | 0 |
| THE WILLOWS RESORT | 57 | 5 |
There are 3 water systems serving the area. 5 water quality violations have been reported in the past 5 years.
Infrastructure
Commute Overview2023 ACS
Mean Commute
15 min
-37% vs national
Drive Alone
58.3%
-26% vs national
Public Transit
3.2%
+251% vs national
Work From Home
20.5%
+120% vs national
Carpool
4.5%
Walk / Bike
11.8%
combined
How Monterey's Commute ComparesCensus ACS 2023
How People Get to WorkCensus ACS 2023
Commute Mode BreakdownCensus ACS 2023
Traffic Fatalities
Source: NHTSA FARS (2022)Fatalities
1
2022
4-Year Avg
1
fatalities/yr
| Year | Crashes | Fatalities | Alcohol | Pedestrian | Cyclist |
|---|---|---|---|---|---|
| 2022 | 1 | 1 | 0 | 0 | 0 |
| 2021 | 1 | 1 | 0 | 0 | 0 |
| 2019 | 1 | 1 | 0 | 1 | 0 |
| 2018 | 1 | 1 | 0 | 0 | 0 |
Data from NHTSA Fatality Analysis Reporting System (FARS). Includes only crashes involving at least one fatality.
The average commute in Monterey, CA is 15 minutes, which is 36.8% below the national average of 23 minutes. 58.3% of workers drive alone, compared to the national average of 78.7%. 20.5% work from home, which is above the CA state average of 14.0%. Public transit is used by 3.2% of commuters, compared to the national average of 0.9%. 4.5% of workers carpool. 10.1% walk to work. 1.7% commute by bicycle. In 2022, there were 1 traffic fatality from 1 fatal crash.
Internet & Broadband Access
Source: Census ACSBroadband Access
94.4%
of households
Cable / Fiber / DSL
83.7%
of households
No Internet
3.2%
of households
Total Households
12,420
Internet Subscription Types
Device Ownership
Source: Census ACSHas Computer
97.2%
of households
Smartphone
91.9%
of households
Desktop / Laptop
86.9%
of households
Tablet
63.2%
of households
Percentage of households with each device type. Data from the U.S. Census Bureau ACS (2023 5-year estimates, tables B28001 & B28002).
Electricity Rates
Source: U.S. Energy Information Administration (2024)Residential Rate
32.0¢
per kWh
+68% vs 25,000 - 50,000 avg
Commercial Rate
25.5¢
per kWh
+65% vs 25,000 - 50,000 avg
Industrial Rate
21.5¢
per kWh
+81% vs 25,000 - 50,000 avg
Avg Monthly Bill
$161
residential
+10% vs 25,000 - 50,000 avg
87% above the national average of 17.1¢/kWh
Residential electricity in California averages 32.0¢ per kWh, compared to the national average of 17.1¢. The average monthly electric bill is $161. State-level averages from EIA Electric Sales & Revenue data (2024).
Monterey vs Similar Cities
Source: EIA (2024)Comparing electricity rates with randomly selected cities of similar population (25,000 - 50,000). Each city represents its state's average rate.
Residential Rate (¢/kWh)
Commercial Rate (¢/kWh)
Industrial Rate (¢/kWh)
Average Monthly Bill
Water Systems
Source: EPA SDWISWater Systems
3
Population Served
803
Violations (5yr)
5
| System Name | Type | Source | Pop. Served | Violations |
|---|---|---|---|---|
| CSP-PFEIFFER BIG SUR | Community | Ground water | 585 | 0 |
| MERRILL GARDENS IRIS CANYON WS | Community | Ground water | 161 | 0 |
| THE WILLOWS RESORT | Community | Ground water | 57 | 5 |
94.4% of households in Monterey have broadband internet access. 83.7% have cable, fiber, or DSL service. 8.5% rely solely on cellular data without a wired connection. 3.2% of households have no internet access. 5.9% use only a smartphone without a desktop or laptop. The area is served by 3 water systems, providing water to 803 people. A total of 5 water quality violations have been recorded over the past 5 years.
Politics & Government
County-level data: Election results are reported at the county level. Monterey is located in Monterey County, CA. Results reflect all voters in the county, not just those in Monterey.
Election Overview
Source: Monterey County (2024)2024 Winner
Democrat
Dem Votes
93,060
63.4%
GOP Votes
49,226
33.6%
Total Votes
146,718
Margin
D+29.9%
Shift from 2020
R+11.4pp
vs prior election
Election History
Source: County-Level Election Results| Year | Dem Votes | GOP Votes | Total | Dem % | GOP % | Margin |
|---|---|---|---|---|---|---|
| 2024 | 93,060 | 49,226 | 146,718 | 63.4% | 33.6% | D+29.9 |
| 2020 | 113,953 | 46,299 | 163,883 | 69.5% | 28.2% | D+41.3 |
| 2016 | 64,733 | 26,378 | 96,676 | 67.0% | 27.3% | D+39.7 |
In the 2024 presidential election, Monterey County recorded 146,718 total votes. Democrats won the county with 63.4% of the vote compared to 33.6% for Republicans, a margin of D+29.9%. Compared to 2020, the margin shifted R+11.4pp from the previous election. Since 2016, Monterey County has shifted 9.8 percentage points toward Republicans.
Nonprofits Overview
Source: IRS Exempt Organizations BMFTotal Nonprofits
304
Total Assets
$4.8B
Total Income
$2.9B
Per 10K Residents
102.1
nonprofits
+32.3% vs peers avg
Orgs with >$1M Assets
48
Median Assets
$337K
Oldest Active
1938
ruling year
Newest Org
2025
ruling year
Nonprofits by Category
Source: IRS / NTEE ClassificationTop 10 hold $4.5B of $4.8B total
Nonprofit Size Distribution
Source: IRS Exempt Organizations BMFNumber of nonprofits by total asset size
When Were Nonprofits Founded?
Source: IRS Ruling DateNumber of currently active nonprofits by founding decade
Nonprofits per 10K Residents vs Similar Cities
Source: IRS BMF + Census ACSCompared to cities with population 25,000 - 50,000
Largest Nonprofits in Monterey
Source: IRS Exempt Organizations BMFMonterey, CA has 304 registered 501(c)(3) nonprofit organizations with combined assets of $4.8B. The most common category is Arts, Culture & Humanities, with 37 organizations. 48 nonprofits have assets exceeding $1 million. That works out to 102.1 nonprofits per 10,000 residents. The oldest active nonprofit dates back to 1938.
SBA Lending Overview
Source: SBA FOIA Loan-Level DataTotal SBA Loans
696
Total Approved
$319.4M
Jobs Supported
5,484
Per 10K Residents
233.8
SBA loans
+171.5% vs peers avg
Unique Lenders
92
Top Lender
Monterey County Bank
177 loans
Top Industry
Accommodation & Food Services
Data Span
1992–2026
Loan Program Breakdown
Source: SBA FOIALoans
605
Total Amount
$247.0M
Avg Loan
$408,332
Median Loan
$180,000
SBA Guaranteed
$181.3M(73%)
Jobs Supported
4,990
Loans
91
Total Amount
$72.3M
Avg Loan
$795,055
Median Loan
$540,000
Recent Activity (Last 5 Years)
Source: SBA FOIARecent Loans
67
10% of all-time total
Recent Amount
$48.1M
15% of all-time total
Avg Recent Loan
$717,499
Top Industries Funded
Source: SBA FOIA / NAICS CodesSBA Loans per 10K Residents vs Similar Cities
Source: SBA FOIA + Census ACSCompared to cities with population 25,000 - 50,000
Top SBA Borrowers
Source: SBA FOIA| Business | Loans | Amount |
|---|---|---|
| Richard Macdonald Studio | 4 | $5.8M |
| Rajiv Desai and Digen Patel as Epc | 2 | $5.8M |
| Monterey Sportfishing Inc. | 4 | $4.5M |
| Monterey Neptune Llc | 2 | $4.5M |
| Rajan Investments Llc | 1 | $4.2M |
| Snkf Inc | 1 | $3.9M |
| Cannery Row Inn | 2 | $3.5M |
| Songbird Property Holdings Llc | 1 | $3.5M |
| 1975 Salons Llc | 1 | $3.2M |
| K Bhatia Inc | 1 | $3.2M |
Monterey, CA has received 696 SBA loans totaling $319.4M in approved funding between 1992 and 2026. The 7(a) program accounts for 605 loans (87% of the total), supporting 4,990 jobs. The 504 program, focused on real estate and large equipment, has funded 91 loans totaling $72.3M. The most common industry receiving SBA funding is Accommodation & Food Services. The most active SBA lender in Monterey is Monterey County Bank with 177 loans. That works out to 233.8 SBA loans per 10,000 residents.
ZIP Code Overview
Source: Census ACSZIP Codes
8
Total Population
114,589
Avg Median Income
-$166,587,494
Avg Home Value
-$165,737,079
ZIP Code Details
Source: Census ACS| ZIP Code | Population | Median Income | Home Value | Median Rent | Area (sq mi) |
|---|---|---|---|---|---|
| 93921 | 2,459 | $87,457 | $2,000,001 | $2,980 | 0.9 |
| 93933 | 27,617 | $92,625 | $776,900 | $2,015 | 10.7 |
| 93940 | 30,951 | $110,669 | $1,039,700 | $2,305 | 35.1 |
| 93943 | 11 | N/A | N/A | N/A | 0.2 |
| 93944 | 2,719 | N/A | N/A | N/A | 0.3 |
| 93950 | 15,003 | $105,568 | $1,129,400 | $2,384 | 2.8 |
| 93953 | 3,576 | $154,730 | $1,796,900 | $3,501 | 8.1 |
| 93955 | 32,253 | $82,331 | $693,800 | $2,312 | 26.3 |
Monterey, CA has 8 ZIP codes with a combined population of 114,589. The average median household income across all ZIP codes is -$166,587,494. The average median home value is -$165,737,079. The average median monthly rent is -$166,664,729.
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