HomeCaliforniaMonterey CountyPacific Grove city
Pacific Grove city, California: commercial real estate data.
Pacific Grove city is a Census city of 14,951 people across 2.87 square miles of land, in Monterey County. Median household income is $106,065, 50.4 percent of occupied homes are owned, and the SBA record carries 28 7(a) approvals to borrowers here worth $13.3 m.
81 sourced place values · tier FULL · 9 sections
Pacific Grove
What Pacific Grove is
- Census place typecity
- Land area2.87 sq mi
- Water area1.13 sq mi
- Population per square mile of land5,217
- 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.
Pacific Grove
How many people live in Pacific Grove
- Population14,951
- Median age51.2
- Population under 182,325
- Share under 1815.6 percent
- Population 65 and over4,571
- Share 65 and over30.6 percent
- Households6,992
- Family households4,142
- Share of households that are families59.2 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Pacific Grove
Income and work in Pacific Grove
- Median household income$106,065
- Per capita income$67,896
- Civilian labor force7,033
- Employed6,645
- Unemployed388 plus or minus 124
- Unemployment rate5.5 percent plus or minus 1.7
- Adults 25 and over11,867
- Adults 25 and over with a high school diploma or higher95.1 percent
- Adults 25 and over with a bachelor degree or higher59.6 percent
- Adults 25 and over with a graduate degree31.6 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Pacific Grove
Housing in Pacific Grove
- Housing units8,286
- Occupied units6,992
- Vacant units1,294
- Vacancy rate15.6 percent
- Owner occupied3,522
- Renter occupied3,470
- Ownership rate50.4 percent
- Median owner-occupied home value$1,190,400
- Median gross rent, monthly$2,455
- Annual rent as a share of median income27.8 percent
- Single family units5,600
- Share single family67.6 percent
- Units in buildings of two or more2,556
- Share in buildings of two or more30.8 percent
- Mobile homes130 plus or minus 63
- Median year structure built1956
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Pacific Grove
How Pacific Grove gets to work
- Workers 16 and over who commute5,270
- Commuting under 15 minutes2,105
- Share commuting under 15 minutes39.9 percent
- Commuting 30 minutes or more1,460
- Share commuting 30 minutes or more27.7 percent
- Drove alone64.1 percent
- Carpooled4.2 percent plus or minus 1.6
- Public transport0.4 percent plus or minus 0.3
- Walked4.5 percent plus or minus 1.3
- Worked from home21.8 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Pacific Grove
SBA 7(a) lending to Pacific Grove borrowers
- Approvals28
- Gross approval$13,332,000
- Average approval$476,143
- Median approval$275,000
- Ninetieth percentile approval$1,450,000
- Largest approval$1,555,000
- Jobs supported218
- Jobs per approval7.8
- Loans with a final outcome11
- Paid in full10
- Charged off1
- Charge-off rate over resolved loans9.1 percent
- Median term120 months
- Share on real estate terms of 20 years or more17.9 percent
- Share to franchises7.1 percent
- Distinct lenders16
- Distinct industries by NAICS23
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Pacific Grove
SBA 504 lending to Pacific Grove borrowers
- Approvals10
- Gross approval$12,695,000
- Average approval$1,269,500
- Median approval$1,306,000
- Largest approval$3,301,000
- Jobs supported61
- Loans with a final outcome2
- Charged off0
- Median term240 months
- Distinct CDCs4
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Pacific Grove
Flood programme status in Pacific Grove
- Listed NFIP communities1
- Of those, participating1
- NFIP community number060201
- Currently effective map date06/21/17
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.
Monterey County, not Pacific Grove
Monterey County context, not Pacific Grove figures
These are Monterey County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Pacific Grove measurements.
- Establishments in Monterey County9,212
- Employment at those establishments, Monterey County116,784
- Covered employment, Monterey County200,244
- Average annual pay, Monterey County$61,375
- Average weekly wage, Monterey County$1,180
- Housing units permitted, Monterey County677
- Of those, single family, Monterey County512
- County product, 2024, Monterey County$38,345,355,000
- County product change over the prior year, Monterey County3.5 percent
- Average income of an arriving household, Monterey County$202,252
Every figure in this section is published for Monterey County as a whole and is not a measurement of Pacific Grove. 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
Pacific Grove questions, answered from the record.
How many people live in Pacific Grove, California?
14,951, in 6,992 households. Pacific Grove city covers 2.87 square miles of land, which is 5,217 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Pacific Grove 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 Pacific Grove?
$106,065. The median owner-occupied home is valued at $1,190,400. Median gross rent is $2,455 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Pacific Grove businesses?
28 7(a) approvals totalling $13.3 m, across 16 lenders, median approval $275,000, plus 10 504 approvals worth $12.7 m. These count approvals to borrowers whose address is in Pacific Grove, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Pacific Grove borrowers get paid back?
Of the 11 loans that have reached a final outcome, 10 were paid in full and 1 charged off, a charge off rate of 9.1 percent. Loans still running are excluded because they have not yet succeeded or failed.
Is Pacific Grove in the National Flood Insurance Program?
Yes. Pacific Grove appears in the FEMA Community Status Book as community 060201, 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 Pacific Grove figures?
No, and they are labelled 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 Pacific Grove.
Is zoning published for Pacific Grove?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.