What percentage of people rent in Carmel Valley Village, CA?
20.8% (±6.7 points) of the occupied homes in Carmel Valley Village, CA are rented (2020–2024 American Community Survey).
That is 421 renting households against 1,604 that own their home.
In Carmel Valley Village, the share of households that rent went from 27.4% in 2015–2019 to 20.8% in 2020–2024 (−6.6 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 20.8% (±6.7 points)
- Renting households
- 421 (±140)
- Median renter income
- $116,133 (±$34,639)
Who rents and who owns in Carmel Valley Village
| Carmel Valley Village | Monterey County | California | United States | |
|---|---|---|---|---|
| Renter-occupied share | 20.8% (±6.7 points) | 47.9% (±1.0 points) | 44.1% (±0.2 points) | 34.8% |
| Renting households | 421 (±140) | 63,496 (±1,278) | 5,980,523 (±22,985) | 45,017,354 |
| Owning households | 1,604 (±268) | 68,993 (±1,365) | 7,567,568 (±37,334) | 84,210,142 |
| Average renter household size | 2.3 (±0.6) | 3.3 (±0.1) | 2.7 (±0.0) | 2.3 |
| Average owner household size | 2.4 (±0.2) | 3.0 (±0.0) | 3.0 (±0.0) | 2.6 |
| Median renter household income | $116,133 (±$34,639) | $73,346 (±$3,092) | $71,186 (±$298) | $52,966 |
| Median owner household income | $191,173 (±$26,373) | $125,231 (±$3,038) | $127,456 (±$424) | $100,009 |
In Carmel Valley Village, the renter share is lower than in Monterey County (47.9%).
It is also lower than in California (44.1%).
It is lower than the national figure (34.8%).
In Monterey County, Carmel Valley Village ranks 18 of 21 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 825 of 1,076.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Carmel Valley Village has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 27.4% (±8.8 points) | 20.8% (±6.7 points) | −6.6 percentage points | Not a measurable change |
| Median gross rent | $1,862 (±$912) | $2,211 (±$676) | +18.7% | No measurable change after inflation |
| Median household income | $89,286 (±$23,931) | $156,161 (±$44,627) | +74.9% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Households that rent in places near Carmel Valley Village
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Carmel Valley Village | — | 20.8% (±6.7 points) | — |
| Del Rey Oaks | 8.2 mi | 23.9% (±6.8 points) | Not measurably different |
| Seaside | 9.8 mi | 64.6% (±3.2 points) | Higher |
| Sand City | 11 mi | 81.5% (±7.8 points) | Higher |
| Monterey | 11 mi | 63.8% (±3.2 points) | Higher |
| Carmel-by-the-Sea | 11 mi | 39.9% (±11.4 points) | Higher |
| Marina | 13 mi | 57.1% (±3.1 points) | Higher |
| Del Monte Forest | 13 mi | 12.8% (±5.0 points) | Not measurably different |
| Pacific Grove | 14 mi | 49.6% (±3.1 points) | Higher |
Nearby places with a measurably higher figure: Seaside, CA (64.6%), Sand City, CA (81.5%), Monterey, CA (63.8%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Monterey County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 12 | Gonzales | 45.0% (±8.5 points) |
| 13 | Soledad | 42.0% (±7.7 points) |
| 14 (tie) | Carmel-by-the-Sea | 39.9% (±11.4 points) |
| 14 (tie) | Las Lomas | 39.9% (±15.6 points) |
| 16 | Del Rey Oaks | 23.9% (±6.8 points) |
| 17 | Prunedale | 23.3% (±4.5 points) |
| 18 | Carmel Valley Village | 20.8% (±6.7 points) |
| 19 | Elkhorn | 16.8% (±11.0 points) |
| 20 | Pine Canyon | 14.9% (±10.8 points) |
| 21 | Del Monte Forest | 12.8% (±5.0 points) |
Showing 10 of 21 places in Monterey County, ranked from highest to lowest.
Carmel Valley Village is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Carmel Valley Village
How many renters are there in Carmel Valley Village?
Carmel Valley Village has an estimated 421 (±140) renting households, 20.8% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Carmel Valley Village?
In Carmel Valley Village, the share of households that rent went from 27.4% in 2015–2019 to 20.8% in 2020–2024 (−6.6 percentage points), not a measurable change.
How big are renting households in Carmel Valley Village?
A renting household in Carmel Valley Village has 2.3 people on average, against 2.4 in an owned home.
How much do renters earn in Carmel Valley Village?
The median renting household in Carmel Valley Village, CA has an income of $116,133 (±$34,639) a year, against $191,173 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Carmel Valley Village CDP, California
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Carmel Valley Village CDP, California
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Carmel Valley Village CDP, California
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Carmel Valley Village CDP, California
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Carmel Valley Village CDP, California
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Carmel Valley Village CDP, California (place:11324, in state:06).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.
The API needs a free key.
DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Carmel Valley Village at a glance
- Median rent in Carmel Valley Village
- Rent by bedrooms in Carmel Valley Village
- Rent burden in Carmel Valley Village
- Income and affordability in Carmel Valley Village
- Home values in Carmel Valley Village
- Homeowner costs in Carmel Valley Village
- Property taxes in Carmel Valley Village
- Types of homes in Carmel Valley Village
- Bedrooms in Carmel Valley Village
- Age of homes in Carmel Valley Village
- Heating fuel in Carmel Valley Village
- Commute and cars in Carmel Valley Village
- Population growth in Carmel Valley Village
- How long people stay in Carmel Valley Village
- California landlord and tenant rules
- Housing across Monterey County
- California places ranked by share of renters
- Housing data for every place in California