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2024 Compare Cities Economy:
Morro Bay, CA vs Monterey, CA

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Highlights
- Household income in Monterey, is 6% more than it is in Morro Bay and is 19% above the National Average.
- Morro Bay unemployment rate is 5.8%.
- Monterey unemployment rate is 3.8%.

Economy
 Morro Bay, CAMonterey, CAUnited States
 Unemployment Rate5.8%3.8%6.0%
 Recent Job Growth1.3%1.8%1.6%
 Future Job Growth34.2%33.1%33.5%
 Sales Taxes7.8%8.8%6.2%
 Income Taxes8.0%8.0%4.6%
 Income per Cap.$48,058$52,631$37,638
 Household Income$80,808$85,365$69,021
 Family Median Income$102,600$115,299$85,028
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 Est. Households By Income
 Morro Bay, CAMonterey, CAUnited States
 Income Less Than 15K5.3%5.2%9.4%
 Income between 15K and 20K3.2%2.5%3.8%
 Income between 20K and 30K7.9%7.0%8.1%
 Income between 30K and 40K5.7%7.9%8.0%
 Income between 40K and 50K6.7%5.9%7.6%
 Income between 50K and 60K6.1%4.0%7.2%
 Income between 60K and 75K10.1%11.4%9.6%
 Income between 75K and 100K14.4%13.2%12.8%
 Income between 100K and 150K23.5%18.0%16.3%
 Income between 150K and 200K5.7%11.4%7.8%
 Income greater than 200K11.4%13.7%9.5%
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 Population By Occupation
 Morro Bay, CAMonterey, CAUnited States
 Management, business, finance17.0%18.6%16.4%
 Engineering, computers, science3.7%9.7%6.5%
 Community, social services1.8%1.8%1.8%
 Legal0.7%1.5%1.2%
 Education, library4.1%11.3%6.2%
 Arts, design, media, sports, entertainment1.7%4.5%2.0%
 Healthcare practitioners and technology7.0%7.0%6.2%
 Healthcare support1.1%2.6%3.3%
 Firefighters, law enforcement2.3%3.5%2.1%
 Food preparation, serving6.4%7.9%5.4%
 Building maintenance4.5%4.0%3.6%
 Personal care2.8%3.3%2.6%
 Sales, office, administrative support22.6%14.0%20.9%
 Farming, fishing, forestry1.9%1.1%0.6%
 Construction, extraction, maintenance/repair8.8%4.2%8.1%
 Production, transportation, material moving13.4%5.1%13.1%

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Reviews for Morro Bay    2 Reviews

Over 11 years ago

Morro Bay is mostly a small,quiet,working fishing and retirement community.It is located approximately 12 miles north of San Luis Obispo,Ca.The weather here is mild most  More

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Beautiful area, right on the ocean, cool huge rock in the water. I love the small, walkable community and the farmers market is awesome. The temperature is always  More

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Reviews for Monterey    21 Reviews

Over 7 years ago

The Monterey city area is an excellent place to live and one of the few California locales where it's relatively safe to raise a family. If I could no longer live here I  More

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I grew up on the Monterey Peninsula and had to leave to climb out of poverty. The median income is $35,000 and outside of the military, the jobs are mostly service  More

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My husband and I are just crazy about Monterey. I wonder if we take housing expenses (mortgage or rent) out of the picture, is Monterey still a very expensive city to  More

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ZIPS IN MORRO BAY, CALIFORNIA
93442
ZIPS IN MONTEREY, CALIFORNIA
93940 93943

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