Monterey Park city, California Demographics & Population 2026

Population Overview

Monterey Park city is a mid-sized community located in California. The total population is 59,639. It ranks as the 157th most populous out of 1,577 cities and towns in California.

Age Demographics

The median age in Monterey Park city is 45.5 years. This is 21% higher than the state median of 37.6 years. 12.0% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Monterey Park city is $77,605. This is 19% lower than the state median of $96,334. Compared to the national median of $78,538, household income here is 1% lower. The poverty rate stands at 13.2%. This is 10% higher than the state poverty rate of 12.0%. The unemployment rate is 5.7%. This is 12% lower than the state rate of 6.4%. The median home value is $818,300. Housing costs are 18% higher than the state median of $695,400. The home-value-to-income ratio of 10.5x suggests that housing affordability is a significant concern for many residents. 51.9% of occupied housing units are owner-occupied. This homeownership rate is 7% lower than the state average of 55.8%.

Race & Ethnicity

The largest racial or ethnic group in Monterey Park city is Asian, making up 64.4% of the population. Hispanic or Latino residents account for 26.7%. The White (non-Hispanic) population (5.6%) is well below the state average of 34.6%. The Black or African American population (0.7%) is well below the state average of 5.3%. The Asian population is significantly higher than the state average (64.4% vs 15.0%).

Education

34.9% of residents aged 25 and older hold a bachelor's degree or higher. This is 4% lower than the state rate of 36.5%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 79.5%.

Data Sources & Methodology

All demographic data for Monterey Park city, California is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against California state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,577 Census-designated places in California. For official data, visit data.census.gov.