HomeCaliforniaMonterey CountyMonterey
Monterey, California: commercial real estate data.
Monterey is a Census city of 29,613 people across 8.64 square miles of land, in Monterey County. Median household income is $102,846, 36.2 percent of occupied homes are owned, and the SBA record carries 76 7(a) approvals to borrowers here worth $47.3 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Monterey
What Monterey is
- Census place typecity
- Land area8.64 sq mi
- Water area3.62 sq mi
- Population per square mile of land3,425
- County holding the largest share of its areaMonterey 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
How many people live in Monterey
- Population29,613
- Median age37.5
- Population under 184,246
- Share under 1814.3 percent
- Population 65 and over6,291
- Share 65 and over21.2 percent
- Households12,534
- Family households6,508
- Share of households that are families51.9 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Monterey
Income and work in Monterey
- Median household income$102,846
- Per capita income$62,773
- Civilian labor force13,992
- Employed13,150
- Unemployed842 plus or minus 262
- Unemployment rate6.0 percent plus or minus 1.9
- Adults 25 and over21,768
- Adults 25 and over with a high school diploma or higher93.1 percent
- Adults 25 and over with a bachelor degree or higher52.9 percent
- Adults 25 and over with a graduate degree27.2 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Monterey
Housing in Monterey
- Housing units14,136
- Occupied units12,534
- Vacant units1,602
- Vacancy rate11.3 percent
- Owner occupied4,535
- Renter occupied7,999
- Ownership rate36.2 percent
- Median owner-occupied home value$1,076,300
- Median gross rent, monthly$2,353
- Annual rent as a share of median income27.5 percent
- Single family units7,151
- Share single family50.6 percent
- Units in buildings of two or more6,968
- Share in buildings of two or more49.3 percent
- Mobile homes17 plus or minus 25
- Median year structure built1971
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Monterey
How Monterey gets to work
- Workers 16 and over who commute12,603
- Commuting under 15 minutes5,712
- Share commuting under 15 minutes45.3 percent
- Commuting 30 minutes or more2,285 plus or minus 503
- Share commuting 30 minutes or more18.1 percent plus or minus 3.8
- Drove alone57.7 percent
- Carpooled4.2 percent plus or minus 1.3
- Public transport2.6 percent plus or minus 1.3
- Walked9.2 percent plus or minus 3.1
- Worked from home23.0 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Monterey
SBA loans in Monterey (7(a))
- Approvals76
- Gross approval$47,317,900
- Average approval$622,604
- Median approval$315,400
- Ninetieth percentile approval$1,592,500
- Largest approval$4,207,500
- Jobs supported807
- Jobs per approval10.6
- Loans with a final outcome13
- Paid in full13
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more15.8 percent
- Share to franchises5.3 percent
- Distinct lenders34
- Distinct industries by NAICS49
Counted by borrower city: approvals to borrowers whose address is in Monterey, in any county, FY2020 to FY2026. Only 13 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Monterey
SBA loans in Monterey (504)
- Approvals46
- Gross approval$47,174,000
- Average approval$1,025,522
- Median approval$754,500
- Largest approval$3,002,000
- Jobs supported226
- Loans with a final outcome19
- Charged off1
- Median term240 months
- Distinct CDCs7
Counted by borrower city: approvals to borrowers whose address is in Monterey, in any county, FY2010 to FY2026. Only 19 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Monterey
Flood risk in Monterey
- NFIP communityCity of Monterey
- NFIP community number060200
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date06/21/17
The City of Monterey participates in the National Flood Insurance Program as community 060200 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Monterey County, not Monterey
Monterey County context, not Monterey figures
- Establishments in Monterey County9,212
- Covered employment, Monterey County200,244
- Average annual pay, Monterey County$61,375
- Housing units permitted, Monterey County677
Every figure in this section is published for Monterey County as a whole and is not a measurement of Monterey.
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.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Monterey questions, answered from the record.
How many people live in Monterey, California?
29,613, in 12,534 households. Monterey city covers 8.64 square miles of land, which is 3,425 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Monterey in?
Monterey 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?
$102,846. The median owner-occupied home is valued at $1,076,300. Median gross rent is $2,353 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 businesses?
76 7(a) approvals totaling $47.3 m since FY2020, across 34 lenders, median approval $315,400, plus 46 504 approvals worth $47.2 m since FY2010. These count approvals to borrowers whose address is in Monterey, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Monterey borrowers get paid back?
No rate is published for Monterey. Only 13 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Monterey in the National Flood Insurance Program?
Yes. Monterey appears in the FEMA Community Status Book as Monterey, city of, community 060200, 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 figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Monterey 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.
Is zoning published for Monterey?
No. Nothing on this page presents parcel level zoning.