2025 Compare Cities Economy:
Towson, MD vs Monterey, CA

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Highlights
- Household income in Monterey, is 9% less than it is in Towson and is 19% above the National Average.
- Towson unemployment rate is 6.0%.
- Monterey unemployment rate is 3.8%.
 Towson, MDMonterey, CAUnited States
 Unemployment Rate  Unlock3.8%6.0%
 Recent Job Growth  Unlock1.8%1.6%
 Future Job Growth30.1%  Unlock33.5%
 Sales Taxes6.0%  Unlock6.2%
 Income Taxes  Unlock8.0%4.6%
 Income per Cap.$52,444  Unlock$37,638
 Household Income  Unlock$85,365$69,021
 Family Median Income$141,266  Unlock$85,028
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 Est. Households By Income
 Towson, MDMonterey, CAUnited States
 Income Less Than 15K  Unlock5.2%9.4%
 Income between 15K and 20K2.7%  Unlock3.8%
 Income between 20K and 30K  Unlock7.0%8.1%
 Income between 30K and 40K5.0%  Unlock8.0%
 Income between 40K and 50K  Unlock5.9%7.6%
 Income between 50K and 60K5.2%  Unlock7.2%
 Income between 60K and 75K  Unlock11.4%9.6%
 Income between 75K and 100K11.1%  Unlock12.8%
 Income between 100K and 150K  Unlock18.0%16.3%
 Income between 150K and 200K12.1%  Unlock7.8%
 Income greater than 200K  Unlock13.7%9.5%
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 Population By Occupation
 Towson, MDMonterey, CAUnited States
 Management, business, finance21.0%  Unlock16.4%
 Engineering, computers, science  Unlock9.7%6.5%
 Community, social services2.6%  Unlock1.8%
 Legal  Unlock1.5%1.2%
 Education, library10.9%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock4.5%2.0%
 Healthcare practitioners and technology9.5%  Unlock6.2%
 Healthcare support  Unlock2.6%3.3%
 Firefighters, law enforcement1.6%  Unlock2.1%
 Food preparation, serving  Unlock7.9%5.4%
 Building maintenance1.6%  Unlock3.6%
 Personal care  Unlock3.3%2.6%
 Sales, office, administrative support18.2%  Unlock20.9%
 Farming, fishing, forestry  Unlock1.1%0.6%
 Construction, extraction, maintenance/repair3.0%  Unlock8.1%
 Production, transportation, material moving  Unlock5.1%13.1%
Reviews for Towson    3 Reviews

Because Towson university is right here, and we're not too far from downtown Baltimore, there are many bus lines running in the area. The problem though is they rarely  More

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Crowded, crime on the rise , very expensive and tax  More

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My wife and I have lived in Towson for seven and a half years. It has many of the things we want in a community but it is not our dream place to live. We would like a  More

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Reviews for Monterey    21 Reviews

Over 8 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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