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Monterey California Real Estate By Jennifer Hershey

Monterey California Real Estate

Monterey, California, is located in Monterey County, 13 miles SW of Salinas, California and 49 miles S of San Jose, California. Monterey has a population of 29,674.

Monterey Homes

Monterey properties pool is 12,634 residential properties including Monterey new homes. Median age of real estate in Monterey is 1965. Average Household size is 2.82 people. 7% are one bedroom homes, 28% are 2 bedroom homes, 46% are 3 bedroom homes, 15% are 4 bedroom homes, and 3% are 5+ bedroom homes.

Monterey Mortgage Statistics

Monterey mortgages vs. USA median statistics

Homes Monterey USA
Homes With No Mortgage 31%
30%
Homes With Mortgage 69%
70%
First Mortgage Only 52%
54%
First & Second Mortgage or HELOC 17%
16%

Monterey Area Real Estate Tax

Monterey Real estate Tax: Median Real Estate Taxes (2000) were $1,727 comparing to 1999 Median Family income $ 58,757. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).

Monterey School District: Children make up 16.6% of Monterey population. Monterey has 4,927 under 18 years old residents, or 0.3 kids per one worker, or 0.39 kids per one household.

Monterey Real Estate & Monterey Homeownership

There are 4674.58 or 37% one person households, 4421.9 or 35% two person households, and 1768.76 or 14% three person households in Monterey, California. Median residents age is 36.1, Senior citizens (65+) make up 4,410 or 14.9%% of Monterey population.

There are 16,699 workers (over 16 years of age) in Monterey. Of these, 74.12% drive to work. Approximately 3.13% of workers in Monterey take public transportation. An estimated 16.11% walk to work.

Median Monterey homeowner's housing expences are 22.2%

Crime in Monterey (2003), crimes per 10,000 residents per year

Type of Crime Monterey USA, 2003
Violent Crimes
52.91
47.5
Robberies
12.13
14.2
Aggravated Assaults
36.4
29.5
Property Crimes
431.69
358.8
Burglaries
74.48
74.0
Larceny-Thefts
333.63
241.5
Motor Vehicle Thefts
23.59
43.3

Invest in Monterey Properties

When making a decision about buying real estate in Monterey California area, you should consider following statistical data:

Category Monterey USA
Near Medium City
Salinas, California
-
Near Large City
San Jose, California
-
Monterey Zip Codes
93940, 93943
-
Monterey Area Codes
831
-
White population
80.83%
75.1%
African-American population
2.52%
12.3%
Asian
7.43%
3.6%
American Indian & Alaskan
0.57%
0.9%
Hispanic (of any race)
10.86%
12.5%
Median Family Income (1999)
$ 58,757%
$42,000
Population Below Poverty Level
7.09%
12.4%

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