HomeCaliforniaLos Angeles CountyMonterey Park city
Monterey Park city, California: commercial real estate data.
Monterey Park city is a Census city of 59,132 people across 7.67 square miles of land, in Los Angeles County. Median household income is $81,855, 51.6 percent of occupied homes are owned, and the SBA record carries 73 7(a) approvals to borrowers here worth $45.9 m.
82 sourced place values · tier FULL · 9 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Monterey Park
What Monterey Park is
- Census place typecity
- Land area7.67 sq mi
- Water area0.06 sq mi
- Population per square mile of land7,707
- County holding the largest share of its areaLos Angeles County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Monterey Park
How many people live in Monterey Park
- Population59,132
- Median age45.5
- Population under 189,939
- Share under 1816.8 percent
- Population 65 and over13,599
- Share 65 and over23.0 percent
- Households20,646
- Family households15,002
- Share of households that are families72.7 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Monterey Park
Income and work in Monterey Park
- Median household income$81,855
- Per capita income$39,857
- Civilian labor force29,723
- Employed27,923
- Unemployed1,800 plus or minus 382
- Unemployment rate6.1 percent plus or minus 1.3
- Adults 25 and over45,041
- Adults 25 and over with a high school diploma or higher79.4 percent
- Adults 25 and over with a bachelor degree or higher36.2 percent
- Adults 25 and over with a graduate degree11.0 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Monterey Park
Housing in Monterey Park
- Housing units22,134
- Occupied units20,646
- Vacant units1,488
- Vacancy rate6.7 percent
- Owner occupied10,649
- Renter occupied9,997
- Ownership rate51.6 percent
- Median owner-occupied home value$863,000
- Median gross rent, monthly$1,888
- Annual rent as a share of median income27.7 percent
- Single family units14,822
- Share single family67.0 percent
- Units in buildings of two or more7,213
- Share in buildings of two or more32.6 percent
- Mobile homes57 plus or minus 43
- Median year structure built1963
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Monterey Park
How Monterey Park gets to work
- Workers 16 and over who commute22,527
- Commuting under 15 minutes4,403
- Share commuting under 15 minutes19.5 percent
- Commuting 30 minutes or more10,778
- Share commuting 30 minutes or more47.8 percent
- Drove alone63.9 percent
- Carpooled12.3 percent
- Public transport2.6 percent plus or minus 0.7
- Walked1.7 percent plus or minus 0.9
- Worked from home17.6 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Monterey Park
SBA loans in Monterey Park (7(a))
- Approvals73
- Gross approval$45,872,900
- Average approval$628,396
- Median approval$245,000
- Ninetieth percentile approval$2,040,000
- Largest approval$5,000,000
- Jobs supported407
- Jobs per approval5.6
- Loans with a final outcome24
- Paid in full20
- Charged off4
- Charge-off rate over resolved loans16.7 percent
- Median term120 months
- Share on real estate terms of 20 years or more28.8 percent
- Share to franchises5.5 percent
- Distinct lenders36
- Distinct industries by NAICS48
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Monterey Park
SBA loans in Monterey Park (504)
- Approvals26
- Gross approval$24,411,000
- Average approval$938,885
- Median approval$720,000
- Largest approval$3,032,000
- Jobs supported283
- Loans with a final outcome10
- Charged off0
- Charge-off rate over resolved loans0.0 percent
- Median term300 months
- Distinct CDCs7
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Monterey Park
Flood risk in Monterey Park
- Listed NFIP communities1
- Of those, participating1
- NFIP community number065047
- Currently effective map date(NSFHA)
This community carries no Community Rating System class, so no CRS premium discount applies to it.
FEMA, National Flood Insurance Program Community Status Book, Community Status Book, as retrieved.
Los Angeles County, not Monterey Park
Los Angeles County context, not Monterey Park figures
These are Los Angeles County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Monterey Park measurements.
- Establishments in Los Angeles County304,988
- Employment at those establishments, Los Angeles County3,987,736
- Covered employment, Los Angeles County4,525,711
- Average annual pay, Los Angeles County$83,554
- Average weekly wage, Los Angeles County$1,607
- Housing units permitted, Los Angeles County19,809
- Of those, single family, Los Angeles County9,106
- County product, 2024, Los Angeles County$1,002,965,029,000
- County product change over the prior year, Los Angeles County4.9 percent
- Average income of an arriving household, Los Angeles County$103,070
Every figure in this section is published for Los Angeles County as a whole and is not a measurement of Monterey Park. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Monterey Park questions, answered from the record.
How many people live in Monterey Park, California?
59,132, in 20,646 households. Monterey Park city covers 7.67 square miles of land, which is 7,707 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Monterey Park in?
Los Angeles County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Monterey Park?
$81,855. The median owner-occupied home is valued at $863,000. Median gross rent is $1,888 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Monterey Park businesses?
73 7(a) approvals totalling $45.9 m, across 36 lenders, median approval $245,000, plus 26 504 approvals worth $24.4 m. These count approvals to borrowers whose address is in Monterey Park, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Monterey Park borrowers get paid back?
Of the 24 loans that have reached a final outcome, 20 were paid in full and 4 charged off, a charge off rate of 16.7 percent. Loans still running are excluded because they have not yet succeeded or failed.
Is Monterey Park in the National Flood Insurance Program?
Yes. Monterey Park appears in the FEMA Community Status Book as community 065047, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Monterey Park figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Los Angeles County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Monterey Park.
Is zoning published for Monterey Park?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.