Monterey Park, CA Employment - Median Household Income, Unemployment Rate

Monterey Park employment information

Index	Monterey Park	California	National
Income per capita	$26,419	$31,458	$29,829
Median household income	$54,008	$63,783	$55,322
Median income owner occupied	$82,328	$86,568	$70,586
Median income renter occupied	$35,223	$43,419	$35,192
Median earnings male	$31,866	$36,599	$36,919
Median earnings female	$26,224	$27,020	$26,250
Unemployment rate	4.3%	5.5%	4.7%
Poverty level	16.6%	15.8%	15.1%

The Monterey Park, CA employment information can be a key indicator when searching for a new job. A good indicator of the strength of the job market is the income per capita and the median household income. The income per capita in Monterey Park is $26,419, which is 16% lower than than the California average and 11% lower than than the national average. The median household income is $54,008, which is 15% lower than than the California average and 2% lower than than the national average. The unemployment rate in Monterey Park is 4%, which is 7% lower than than the national average. The poverty rate in Monterey Park is 17% which is 10% higher than than the national average.

am i middle class

$36,001$54,008$108,016

City

$42,517$63,783$127,566

State

$36,877$55,322$110,644

Nation

According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

Did you know?

The income per capita in Monterey Park is 11% lower than the national average.
The median household income in Monterey Park is 2% lower than the national average.
Male median earnings are 41% higher than female median earnings.
The unemployment rate in Monterey Park is 7% lower than the national average.
The poverty level in Monterey Park is 10% higher than the national average.

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Compare Monterey Park, CA Employment To Other Cities

Employment status

Hours worked per week

Monterey Park median earnings by income bracket

Monterey Park employment by industry

Labour Type	Male	Female
Construction industry	6.0%	1.6%
Manufacturing sector	11.1%	0.1%
Financial & insurance services	3.7%	6.9%
Wholesale & retail services	16.6%	14.1%
Public administration	3.4%	5.3%
Transportation, warehousing & utilities	8.4%	3.3%
Education, health & social services	14.4%	31.0%
Other	33.6%	28.4%

Nearby cities with high median household income

City, State	Population	Household Income	National Avg.
La Cañada Flintridge, CA	20,477	$158,438	186%
San Marino, CA	13,324	$139,792	153%
Bradbury, CA	954	$130,625	136%
Hermosa Beach, CA	19,726	$121,345	119%
Rose Hills, CA	3,033	$117,875	113%
Monterey Park, CA	61,001	$54,008	2%

Cities with similar population

City, State	Population	Household Income	National Avg.
Terre Haute, IN	61,021	$33,378	40%
Vineland, NJ	60,876	$48,986	11%
North Port, FL	60,871	$53,815	3%
Burnsville, MN	61,158	$66,225	20%
Millcreek, UT	61,191	$59,291	7%
Monterey Park, CA	61,001	$54,008	2%

Source: The Monterey Park, CA employment data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).