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Economy in Monterey Park, California

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyMonterey Park, CAUnited States
Unemployment Rate9.20%9.10%
Recent Job Growth-0.50%-0.12%
Future Job Growth29.80%31.25%
Sales Taxes8.25%6.80%
Income Taxes9.30%6.25%
Income per Cap.$23,052$27,067
Household Income$53,017$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K12.49%12.10%
Income between 15K and 25K10.42%10.18%
Income between 25K and 35K10.66%10.56%
Income between 35K and 50K14.13%14.98%
Income between 50K and 75K18.78%19.53%
Income between 75K and 100K12.07%12.52%
Income between 100K and 150K12.79%12.14%
Income between 150K and 250K5.13%3.91%
Income between 250K and 500K2.89%3.34%
Income greater than 500K0.63%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations13.42%13.81%
Professional and Related Occupations18.60%22.68%
Service15.06%14.51%
Sales and Office27.45%25.22%
Farming, Fishing, and Forestry0.06%0.68%
Construction, Extraction, and Maintenance4.64%9.37%
Production, Transportation, and Material Moving12.85%15.86%
Median Household Income

The unemployment rate in Monterey Park, CA, is 9.20%, with job growth of -0.50%. Future job growth over the next ten years is predicted to be 29.80%.

Monterey Park, CA Taxes

Monterey Park, CA,sales tax rate is 8.25%. Income tax is 9.30%.

Monterey Park, CA Income and Salaries

The income per capita is $23,052, which includes all adults and children. The median household income is $53,017.


Monterey Park Economy SperlingViews

ok place, if your asian: Monterey park is not a bad place to live especially if you are Asian, I'm not...but It's a safe area to live in, in L.A. only 8 minutes to downtown very close to... (read more)Have an opinion about Monterey Park? Leave a commentTo See All SperlingViews for Monterey Park Click Here