Monterey, CA
29,613Residents
$102,846Median household income
$2,353/moMedian gross rent
$1,076,300Median home value
37.5Median age
53%Adults with a bachelor’s degree or higher
36%Homes lived in by their owners
10.5×Home value to household income
Median rent takes about 27% of the median household income in Monterey.
What pay do you need to rent here?
To keep rent at or below 30% of gross pay, you would need about $94,000 a year. In California that leaves roughly $5,698 a month after tax. See the full paycheck breakdown for $95,000.
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Source: Census ACS 2024 ACS 5-year, places. Small places carry larger margins of error.