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Monterey Park, California Demographics & Population 2026

Expensive MarketHome value to income ratio of 10.5x indicates a costly housing market

During the 2020–2024 ACS period, Monterey Park, California had a total population of 59,132, the 160th largest city in California, with a median household income of $81,855, which is 17% lower than the state average. The poverty rate is 12.4%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Monterey Park Quick Facts

Population 59,132
Median Household Income $81,855
Median Home Value $863,000
Poverty Rate 12.4%
Unemployment Rate 6.1%
Median Age 45.5 years
Homeownership Rate 51.6%
Affordability Ratio 10.5x
Bachelor's Degree or Higher 36.2%
High School Graduation Rate 79.4%
Diversity Index 51/100
Population 59,132 160th of 1,570
Median Income $81,855 average
Poverty Rate 12.4% about the same as national
Median Home Value $863,000 top 30%

How Monterey Park Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population59,63959,132-0.9%
Median household income$77,605$81,855+5.5%
Median home value$818,300$863,000+5.5%

How Monterey Park Compares

Economy & Housing

Household Income Distribution

Under $25K 18.6%
$25K-$50K 14.5%
$50K-$100K 24.8%
$100K+ 42.1%
Detailed income brackets
Under $10K
6.9%
$10K-$15K
3.8%
$15K-$20K
3.3%
$20K-$25K
4.5%
$25K-$30K
2.8%
$30K-$35K
2.9%
$35K-$40K
2.6%
$40K-$45K
3.2%
$45K-$50K
3.0%
$50K-$60K
4.8%
$60K-$75K
8.7%
$75K-$100K
11.2%
$100K-$125K
8.8%
$125K-$150K
7.6%
$150K-$200K
9.6%
$200K+
16.0%

Employment

6.1% Unemployment Rate State: 6.6%|National: 5.2%
58.9% Labor Force Participation

Housing Overview

Owner 51.6%
Renter 48.4%
Affordability Index Very Expensive
10.5x home value to income ratio
Median gross rent $1,888/mo 27.7% of median household income annually

People & Demographics

Diversity Index

51out of 100
Moderate Diversity

Moderate diversity with one or two groups making up the majority.

State average: 70 | National average: 61

Education

Monterey Park Rankings in California

#160 Population of 1,570
#792 Median Income of 1,375
#549 Education of 1,570
#345 Home Value of 1,376

Other Cities in Los Angeles County

CityPopulationMedian IncomePovertyHome Value
Los Angeles 3,857,263 $81,939 16.6% $921,200
Long Beach 455,548 $87,430 14.8% $806,600
Santa Clarita 230,221 $123,062 7.4% $784,700
Glendale 190,748 $88,393 12.9% $1,102,300
Lancaster 169,169 $81,511 15.6% $446,600
Palmdale 164,634 $81,770 15.7% $471,000
Pomona 147,943 $79,479 14.3% $593,800
Torrance 142,130 $116,217 7.8% $1,074,700
Pasadena 136,969 $105,192 13.3% $1,093,300
East Los Angeles 111,647 $68,741 17.3% $643,100

Cities Similar to Monterey Park

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Gardena59,422$84,803$700,60028.9%11.8%
Montebello61,045$79,971$697,90022.9%12.1%
Hanford59,754$76,461$349,40018.1%14.5%
Pico Rivera60,272$88,201$648,60016.4%10.3%
Highland56,675$77,120$485,60022.7%17.1%

Population Overview

Monterey Park is a mid-sized community located in California, within Los Angeles County. The total population is 59,132. It ranks as the 160th most populous out of 1,570 Census-designated places in California.

Age Demographics

The median age in Monterey Park is 45.5 years. This is 20% higher than the state median of 37.9 years. 11.8% 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 is $81,855. This is 17% lower than the state median of $99,122. It is also 1% higher than the national median of $80,734. The poverty rate stands at 12.4%. This is 3% higher than the state poverty rate of 12.0%. The unemployment rate is 6.1%. This is 8% lower than the state rate of 6.6%. The median home value is $863,000. Housing costs are 17% higher than the state median of $734,700. The home-value-to-income ratio of 10.5x suggests that housing affordability is a significant concern for many residents. 51.6% of occupied housing units are owner-occupied. This homeownership rate is 8% lower than the state average of 55.9%.

Race & Ethnicity

The largest racial or ethnic group in Monterey Park is Asian, making up 64.4% of the population. Hispanic or Latino residents account for 26.5%. The White (non-Hispanic) population (5.5%) is well below the state average of 33.8%. The Black or African American population (0.6%) is well below the state average of 5.2%. The Asian population is significantly higher than the state average (64.4% vs 15.3%).

Education

36.2% of residents aged 25 and older hold a bachelor's degree or higher. This is 2% lower than the state rate of 37.1%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 79.4%.

Data Sources & Methodology

All demographic data for Monterey Park, California is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against California state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,570 Census-designated places in California. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Monterey Park, California?

Monterey Park, California has a population of 59,132 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Monterey Park, CA?

The median household income in Monterey Park is $81,855, which is 1% higher than the national median of $80,734.

What is the poverty rate in Monterey Park, CA?

The poverty rate in Monterey Park is 12.4%. This means approximately 7,295 residents live below the federal poverty line.

What is the racial makeup of Monterey Park, California?

Monterey Park's population is 5.5% White, 0.6% Black, 26.5% Hispanic/Latino, and 64.4% Asian.

What is the median home value in Monterey Park, CA?

The median home value in Monterey Park is $863,000. The home-value-to-income ratio is 10.5x.

How educated is Monterey Park, California?

36.2% of adults (25+) in Monterey Park hold a bachelor's degree or higher, and 11.1% hold a graduate or professional degree.