Economy in Monterey, California
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Economy
| Unemployment Rate | 7.70% | 9.10% |
| Recent Job Growth | -0.46% | -0.12% |
| Future Job Growth | 31.38% | 31.25% |
| Sales Taxes | 7.25% | 6.80% |
| Income Taxes | 9.30% | 6.25% |
| Income per Cap. | $34,434 | $27,067 |
| Household Income | $61,085 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 9.00% | 12.10% |
| Income between 15K and 25K | 8.15% | 10.18% |
| Income between 25K and 35K | 7.86% | 10.56% |
| Income between 35K and 50K | 14.50% | 14.98% |
| Income between 50K and 75K | 23.47% | 19.53% |
| Income between 75K and 100K | 13.84% | 12.52% |
| Income between 100K and 150K | 14.28% | 12.14% |
| Income between 150K and 250K | 4.74% | 3.91% |
| Income between 250K and 500K | 3.36% | 3.34% |
| Income greater than 500K | 0.80% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 14.75% | 13.81% |
| Professional and Related Occupations | 32.11% | 22.68% |
| Service | 15.59% | 14.51% |
| Sales and Office | 22.70% | 25.22% |
| Farming, Fishing, and Forestry | 1.22% | 0.68% |
| Construction, Extraction, and Maintenance | 7.01% | 9.37% |
| Production, Transportation, and Material Moving | 7.31% | 15.86% |
The unemployment rate in Monterey, CA, is 7.70%, with job growth of -0.46%. Future job growth over the next ten years is predicted to be 31.38%.
Monterey, CA Taxes
Monterey, CA,sales tax rate is 7.25%. Income tax is 9.30%.
Monterey, CA Income and Salaries
The income per capita is $34,434, which includes all adults and children. The median household income is $61,085.
Monterey Economy SperlingViews
One of the best Cities we have lived in.: Monterey is one of the best cities that we lived in. Although expensive. The people are friendly and helpful. Great climate all year around, never too hot, never too... (read more)stay away until september: The fog ...overcast and gloomy temps in the upper 50's from May until late August. Monterey Peninsula/Carmel/Pebble Beach are are consistently gloomy most of the summer.... (read more)Quality of life: The quality of life in Monterey is all right if you like golf, wine tasting parties, and expensive restaurants. However, for educational and intellectual activities... (read more)Have an opinion about Monterey? Leave a commentTo See All SperlingViews for Monterey Click Here
