Most Expensive Monterey Park Neighborhoods
|1||W Ramona Blvd / Casuda Canyon Dr|
|2||S Atlantic Blvd / Brightwood St|
|3||S Garfield Ave / S Grandridge Ave|
|4||N Garfield Ave / W Emerson Ave|
|6||S Orange Ave / Mooney Dr|
|7||Potrero Grande Dr / E Pomona Blvd|
|8||S Garfield Ave / W Floral Dr|
|9||N New Ave / E Hellman Ave|
|10||W Riggin St / Bradshawe Ave|
Monterey Park is a larger medium-sized city located in the state of California. With a population of 61,458 people and 15 constituent neighborhoods, Monterey Park is the 139th largest community in California.
Housing costs in Monterey Park are among some of the highest in the nation, although real estate prices here don't compare to real estate prices in the most expensive communities in California.
Unlike some cities where white-collar or blue-collar occupations dominate the local economy, Monterey Park is neither predominantly one nor the other. Instead, it has a mixed workforce of both white- and blue-collar jobs. Overall, Monterey Park is a city of sales and office workers, service providers and professionals. There are especially a lot of people living in Monterey Park who work in office and administrative support (15.44%), sales jobs (11.69%) and business and financial occupations (7.50%).
Also of interest is that Monterey Park has more people living here who work in computers and math than 95% of the places in the US.
One thing noticeable about Monterey Park, although not a huge city, is that it has a large population of people who are young, single, educated, and upwardly-mobile career starters. That’s because Monterey Park is full of single people in their 20s and 30s and who have undergraduate or graduate degrees and are starting careers in professional occupations. This makes Monterey Park a pretty good place for young, educated career starters looking to find many people like themselves, with good opportunities for friendships, socializing, romance, and fun.
One downside of living in Monterey Park is that it can take a long time to commute to work. In Monterey Park, the average commute to work is 31.76 minutes, which is quite a bit higher than the national average. On the other hand, local public transit is widely used in the city, so leaving the car at home and taking transit is often a viable alternative.
For the size of the city, public transportation in Monterey Park is quite heavily used. Mostly, people who use it for their daily commute are taking the bus. For Monterey Park, the benefits are reduced air pollution and congestion on the highways.
The percentage of people in Monterey Park who are college-educated is somewhat higher than the average US community of 21.84%: 28.94% of adults in Monterey Park have at least a bachelor's degree.
The per capita income in Monterey Park in 2010 was $24,637, which is middle income relative to California and the nation. This equates to an annual income of $98,548 for a family of four. However, Monterey Park contains both very wealthy and poor people as well.
Monterey Park is an extremely ethnically-diverse city. The people who call Monterey Park home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Monterey Park residents report their race to be Asian, followed by White. Monterey Park also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 30.73% of the city’s residents.
In addition, Monterey Park has a lot of people living here who were born outside of the US (53.77%).
The languages spoken by people in Monterey Park are also diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in Monterey Park is Chinese. Other important languages spoken here include English, Spanish, Vietnamese and Japanese.
|MONTEREY PARK INFORMATION||DETAILS|
|NUMBER OF HOMES AND APARTMENTS||18,875|
|MONTEREY PARK HOME OWNERSHIP|
|% OWNER OCCUPIED||51.79%|
|% RENTER OCCUPIED||48.21%|
|TYPE OF MONTEREY PARK HOMES|
|SINGLE FAMILY DETACHED||58.03%|
|ROWHOUSES AND ATTACHED HOMES||11.21%|
|SMALL APARTMENT BUILDINGS||7.46%|
|COMPLEXES OR HIGH RISE APARTMENTS||23.15%|
|SIZE OF MONTEREY PARK HOMES|
|5 OR MORE BEDROOMS||3.87%|
|AGE OF MONTEREY PARK HOMES|
|NEWER HOMES (2000 OR LATER)||5.11%|
|ESTABLISHED, BUT NOT OLD HOMES (1970-1999)||32.88%|
|WELL-ESTABLISHED, OLD HOMES (1940-1969)||56.36%|
|HISTORIC (1939 OR BEFORE)||5.65%|
|MONTEREY PARK REAL ESTATE INFORMATION||DETAILS|
|MEDIAN HOME VALUE||$643,702|
|MEDIAN RENTAL PRICE||$1,574|
|HOME VALUE RANGE|
|$0 - $68,000||2.50%|
|$68,001 - $135,000||0.93%|
|$135,001 - $271,000||1.89%|
|$271,001 - $406,000||5.44%|
|$406,001 - $541,000||17.25%|
|$541,001 - $677,000||25.75%|
|$677,001 - $1,015,000||37.72%|
|$1,015,001 - $1,353,000||7.83%|
|PEOPLE OF MONTEREY PARK||DETAILS|
|UNDER 5 YEARS||4.93%|
|5 TO 17||12.91%|
|18 TO 24||8.69%|
|25 TO 34||13.26%|
|35 TO 54||28.13%|
|55 TO 64||12.95%|
|65 YEARS AND OVER||19.13%|
|EDUCATIONAL ATTAINMENT OF ADULTS|
|HIGH SCHOOL GRADUATES||78.21%|
|MEDIAN HOUSEHOLD INCOME||$54,821|
|PER CAPITA INCOME||$24,637|
|INDIVIDUALS BELOW POVERTY LEVEL||16.22%|
|INDUSTRIES PEOPLE WORK IN||Healthcare (13.84%)
Professional, scientific, and technical services (7.21%)
Public Service (5.49%)
Information Technology (2.14%)
|BLACK OR AFRICAN AMERICAN||0.51%|
|AMERICAN INDIAN AND ALASKA NATIVE||0.31%|
|NATIVE HAWAIIAN AND OTHER PACIFIC ISLANDERS||0.36%|
|SOME OTHER RACE ALONE||14.53%|
|TWO OR MORE RACES||2.80%|
|HISPANIC OR LATINO (OF ANY RACE)||30.73%|
|LANGUAGES SPOKEN||Chinese (42.37%)
Pacific Island languages (1.09%)
Mon-Khmer (Cambodian) (1.06%)
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